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1
Mohammed, Sani Damamisau. "Clean development mechanism and carbon emissions in Nigeria." Sustainability Accounting, Management and Policy Journal 11, no. 3 (November 3, 2019): 523–51. http://dx.doi.org/10.1108/sampj-05-2017-0041.
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Purpose Carbon emissions from gas flaring in the Nigerian oil and gas industry are both a national and international problem. Nigerian government policies to eliminate the problem 1960-2016 yielded little or no results. The Kyoto Protocol (KP) provides Clean Development Mechanism (CDM) as an international market-based mechanism to reducing global carbon emissions. Therefore, the purpose of this paper is to analytically highlight the potentials of CDM in eliminating carbon emissions in the Nigerian oil and gas industry. Design/methodology/approach This paper reviewed the historical background of Kyoto protocol, Nigerian Government policies to eliminating gas flaring in its oil and gas industry 1960-2016 and CDM projects in the industry. The effectiveness of the policies and CDM projects towards ending this problem were descriptively analysed. Findings Government policies towards eliminating gas flaring with its attendant carbon emissions appeared not to be yielding the desired results. However, projects registered under CDM in the industry looks effective in ending the problem. Research limitations/implications Therefore, the success recorded by CDM projects has the policy implication of encouraging Nigeria to engage on establishing more CDM projects that ostensibly proved effective in reducing CO2 emissions through gas flaring reductions in its oil and gas industry. Apparent effectiveness of studied CDM should provide a way forward for the country in eliminating gas flaring in its oil and gas industry which is also a global menace. Nigeria could achieve this by providing all needed facilitation to realising more CDM investments. Practical implications CDM as a policy has proved effective in eliminating gas flaring in the Nigerian oil and gas industry. The government should adopt this international policy to achieve more gas flaring reductions. Social implications Social problems of respiratory diseases, water pollution and food shortage among others due to gas flaring are persisting in oil and gas producing areas as government policies failed to end the problem. CDM projects in the industry have proved effective in eliminating the problem, thus improving the social welfare of the people and ensuring sustainable development. Originality/value The paper analysed the effectiveness of Nigerian Government policies and an international market-based mechanism towards ending gas flaring in its oil and gas industry.
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Orji, Uchenna Jerome. "The Nigerian Oil and Gas Industry Content Development Act and GATT Treaty Obligations: On a Path of Harmony or Discord?" Latin American Journal of Trade Policy 3, no. 7 (August 25, 2020): 56. http://dx.doi.org/10.5354/0719-9368.2020.55413.
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The Nigerian Oil and Gas Industry Content Development Act of 2010 prescribe local content requirements to promote the patronage of Nigerian products and services by operators in the oil and gas industry. Local content requirements however appear to violate obligations under the World Trade Organization’s (WTO) General Agreement on Tariffs and Trade (GATT) (1994) of which Nigeria is a member. This article examines provisions of the Act and Nigeria’s obligations under the GATT with a view to determining whether the provisions of the Act are in violation of GATT obligations, and whether those violations are covered by any of the exemptions under the GATT. The article finds that sections 10(1) (a), 11(1), 12 and 13 of the Act, which favor the use of local products and materials for projects in the oil and gas industry, contravene the national treatment obligations under Article III of GATT. The article also finds section 53 of the Act to be in violation of the obligation to ensure the general elimination of quantitative restrictions under Article XI:1 of GATT. However, the article suggests that GATT exemptions justify Nigeria’s application of local content measures in the industry. Nigeria can rely on Article XVIII of GATT to apply local content measures for the purpose of promoting economic development and improving living standards in the country. Besides, Nigeria can rely on Articles XII: 1/2 and XIX:1 of GATT to apply local content measures that restrict fabricated/welded metal products imports in order to prevent a serious decline in monetary reserves and also safeguard domestic producers of similar products from “serious injury” that may arise from the increased imports of such products.
Keywords: GATT; Local content requirements; Nigeria; WTO obligations; Oil and gas industry.
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Egboga, Ike, and Gift Worlu. "PROJECT RISK AVOIDANCE AND PROJECT EXECUTION IN NIGERIA OIL AND GAS INDUSTRY [PENGHINDARAN RISIKO PROYEK DAN PELAKSANAAN PROYEK DI INDUSTRI MINYAK DAN GAS di NIGERIA]." DeReMa (Development Research of Management): Jurnal Manajemen 15, no. 2 (September 19, 2020): 171. http://dx.doi.org/10.19166/derema.v15i2.2581.
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<p>This study sought to examine the relationship between project risk avoidance and project execution in the Nigerian oil and gas industry. Specifically, the study examined the relationship between project risk avoidance and four components of project execution (budget, quality, schedule and scope) among 51 oil and gas companies operating in Rivers State, Nigeria. To achieve this objective, 102 managing executives were given questionnaires, with 82 questionnaires correctly filled and returned. Data obtained were analysed using mean scores and Spearman’s rank order correlation analysis. The study found that projects risk avoidance was positively and significantly related to all four components of project execution. The main implication of this finding is that oil and gas companies need to invest heavily in innovative technologies and processes that will enhance their ability to avoid risk, thus improving the quality of projects they execute.</p><p> </p><p><em><strong>Abstrak dalam Bahasa Indonesia.</strong>Studi ini berusaha untuk menguji hubungan antara proyek penghindaran risiko dan eksekusi proyek di industri minyak dan gas Nigeria. Secara spesifik, studi tersebut meneliti hubungan antara proyek penghindaran risiko dan empat komponen eksekusi proyek (anggaran, kualitas, jadwal dan ruang lingkup) di antara 51 perusahaan minyak dan gas yang beroperasi di Negara Bagian Rivers, Nigeria. Untuk mencapai tujuan ini, 102 eksekutif pelaksana diberikan kuesioner, dengan 82 kuesioner diisi dan dikembalikan dengan benar. Data yang diperoleh dianalisis menggunakan skor rata-rata dan analisis korelasi urutan peringkat Spearman. Studi tersebut menemukan bahwa penghindaran risiko proyek berhubungan positif dan signifikan dengan keempat komponen pelaksanaan proyek. Implikasi utama dari temuan ini adalah bahwa perusahaan minyak dan gas perlu berinvestasi besar-besaran dalam teknologi dan proses inovatif yang akan meningkatkan kemampuan mereka untuk menghindari risiko, sehingga meningkatkan kualitas proyek yang mereka jalankan.</em></p>
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Adagbabiri, Moses M., and Ugo Chuks Okolie. "Human Resource Management Practices and Organizational Performance: An Empirical Study of Oil and Gas Industry in Nigeria." RUDN Journal of Public Administration 7, no. 1 (December 15, 2020): 53–69. http://dx.doi.org/10.22363/2312-8313-2020-7-1-53-69.
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The impact of human resource management (HRM) practices on organizational performance has been subject of discourse among social scientists from a wide range of disciplines in the last two decades. But unfortunately, very insufficient number of studies in this area has been conducted in Nigeria and other developing countries. This study was undertaken to fill this obvious research gap. The author applied descriptive method and collected the data via a survey of 164 respondents in Nigerias Oil and Gas Industry. Data collected were analyzed using Pearson product moment correlation and t-test analysis. The study found that there is a significant relationship between HRM practices and organizational performance. As predicted, the study revealed that human resource management practices exert positive and statistically significant impact on organizational performance. Requisite conclusion and recommendations were provided in the light of theoretical and empirical findings. With this study, we hope to contribute to a better understanding of the role of HRM practices in creating and sustaining organizational performance, specifically in the Nigerian context.
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Ishola, Oluseun A., and Modinat O. Olusoji. "Service Sector Performance, Industry and Growth in Nigeria." International Journal of Service Science, Management, Engineering, and Technology 11, no. 1 (January 2020): 31–45. http://dx.doi.org/10.4018/ijssmet.2020010103.
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This article extends previous empirical studies on service-industrial sector interactions and their impact on growth. It provides evidence from quarterly time series data using OLS, from 2010 to 2016 to account for new subsectors introduced from 2010 following the rebasing of the Nigerian economy. The article employs a disaggregated model to capture the individual productivities of subsectors. Series stationarity was determined with the ADF and PP test, thereafter Johansen technique was applied. The results indicate that while both services and the industrial sector contributed significantly to the economic growth (GDP) of Nigeria, some subsectors i.e. public administration, professional, scientific and technical services, transport (road, rail, pipeline, air, water), utilities (electricity, gas, and water supply, sewage, waste management) were found to be deficient. Finally, this article draws some policy implications to further strengthen the service and industrial sectors so as to maximise the potentials therein through the prescription of sector-specific policies.
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Adaralegbe, Bayo. "Application of Limitation Laws to Oil Spill Compensation Claims in Nigeria." Journal of African Law 62, no. 3 (October 2018): 403–25. http://dx.doi.org/10.1017/s0021855318000244.
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AbstractThis article examines a recent decision of the Nigerian Court of Appeal that essentially pronounces that, in respect of oil spill litigation in Nigeria, statutes of limitation are inapplicable to the federal law that creates the basis for oil spill compensation claims. This decision has dire consequences for the Nigerian oil and gas industry. The article finds this decision not only bad for public policy but actually based on very faulty reasoning and contradictory of an earlier decision of the Court of Appeal that was not considered. The article concludes that, despite this decision being the most recent, lower courts in Nigeria are not bound to follow it.
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Egboga, Ike, and Eniola Taiwo. "Project Risk Mitigation and Project Execution in the Nigeria Oil And Gas Industry." SPIRIT OF SOCIETY JOURNAL 4, no. 2 (March 31, 2021): 117–25. http://dx.doi.org/10.29138/scj.v4i2.1093.
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The focus of this study is to examine the relationship between project risk mitigation and project execution in the Nigeria oil and gas industry. Specifically, the study examines the extent of contribution of project risk mitigation in realising project budget, quality, schedule and scope during execution. In pursuant of these objectives, survey research design was used. 102 questionnaires were administered to the Managing Directors or Chief Operating Officers and project or operations managers of the selected companies. Eighty two questionnaires were validly retrieved and used for data analysis. Data obtained were analysed mean and Spearman’s rank order correlation analysis. The study found that projects risk mitigation was significantly and positively related to project execution in terms of budget, quality, schedule and scope. The study therefore recommends that there should be a holistic integration and constant improvement of project risk mitigation strategies which will help improve the quality of projects executed in the Nigerian oil and gas industry.
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Hassan, Aminu, and Reza Kouhy. "From environmentalism to corporate environmental accountability in the Nigerian petroleum industry." International Journal of Energy Sector Management 9, no. 2 (June 1, 2015): 204–26. http://dx.doi.org/10.1108/ijesm-05-2014-0008.
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Purpose – The purpose of this paper is to explore firm–stakeholder environmental accountability relationship in the Nigerian oil and gas industry. Design/methodology/approach – The paper develops, from the interdisciplinary literature, a normative framework that links the dominant environmentalism paradigm to the business-firm-causality environmental philosophy. The link is underpinned by the theory of stakeholder identification and salience to enable the identification and evaluation of the importance placed on each environmental stakeholder group by oil and gas companies in the Nigerian oil and gas sector. Findings – This paper submits that three factors, originating from how these companies identify and classify green stakeholders, lead to little and unimpressive efforts to effectively discharge environmental accountability. These factors include weak, legal powers of regulatory environmental stakeholders; non-recognition of the host communities as powerful environmental stakeholders; and non-recognition of the Nigerian public as legitimate environmental stakeholders. Social implications – Underestimating the importance of some key, environmental stakeholders and the weak powers of regulatory environmental stakeholders leads to limited commitments to environmental accountability by oil and gas companies operating in Nigeria. Inevitably, this results in persistent conflict, violence, destruction of the oil companies’ properties and other various forms of unrest common in the Niger Delta. Originality/value – The paper develops a unique normative framework from the relevant literature in environmental ethics, environmental management and environmental accounting that are used to evaluate firms-stakeholder environmental accountability relationship.
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Onuorah, A. C., and C. C. Osuji. "Financing Prospects in the Gas Industry: A Nigerian Perspective." International Journal of Business Administration 9, no. 6 (August 21, 2018): 46. http://dx.doi.org/10.5430/ijba.v9n6p46.
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The objective of this paper is to investigate the financing prospects in gas industry. This paper classified gas financing into four (4) areas such as (a) associated gas (b) dry gas (c) condensated gas and (d) natural liquid gas. There are fourteen (14) job classifications in the gas industry which corporate bodies or individuals can be engaged. Variables are classified as y = gas production, x/ = gas utilization and xj = gas flared. The values of these variables were obtained from the 2004 statistical bulletin of central Bank of Nigeria (CBN) from 1983-2017. The SPSS/PC was used to subject these variables by the step wise regressional analysis. The result shows that 29.10% of gas produced was utilized while 70.90% were flared as financial waste. We tested hypotheses / by the use of coefficient of variation, we concluded that gas utilization has the highest risk investment potential. Hypothesis 2 accepted Ha2 that means v > Mean x/. While HA was accepted because skewness of x; > .v/. u e recommended a comprehensive investment policy in the gas industry.
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Asikhia, U. O., and D. O. Awolusi. "Assessment of critical success factors of business process re-engineering in the Nigerian oil and gas industry." South African Journal of Business Management 46, no. 2 (June 30, 2015): 1–14. http://dx.doi.org/10.4102/sajbm.v46i2.87.
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Business Process Re-engineering (BPR) is defined as the critical analysis and radical redesign of existing business processes to achieve breakthrough improvements in performance measures like cost, quality, speed, profitability and services. The purpose of this paper is to identify the critical success factors of BPR implementation, to evaluate their effects on the primary measures as expressed by the operational performance and the secondary measures as expressed by the organizational performance, and to find out the effect of the operational performance on the organizational performance of Nigerian oil and gas companies. To achieve these objectives, an empirical study was conducted via the administration of 650 self-administered copies of questionnaire to a randomly selected senior and management staff of eight (8) re-engineered Oil and Gas Companies in Nigeria. Using the framework from Khong & Richardson (2003), factors manifesting operational performance and organizational performance were regressed on the Critical Success Factors (CSFs) manifesting successful BPR. Findings based on the survey revealed that successful BPR can positively affect both operational and organizational performance measures in the Nigerian oil and gas companies.
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M. A., Arokodare, Asikhia O. U., and Makinde G. O. "Information Technology Capability and Performance of Selected Oil and Gas Marketing Companies in Lagos State, Nigeria: The Moderating Role of Organizational Culture." International Journal of Business and Management 15, no. 3 (February 15, 2020): 37. http://dx.doi.org/10.5539/ijbm.v15n3p37.
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Globally, oil and gas marketing companies are in a continuous competitive environment and dilemma of maintaining larger market share among competitors in the oil and gas industry. Most business managers in the oil and gas marketing industry in Nigeria find it difficult in constantly achieving increase in performance in terms of market share due to organisational culture rigidity and poor adoption of information technology capability among oil and gas marketing companies. Hence, this study investigated the relationship between information technology capability and market share as well as the moderating effect of organisational culture on the relationship between information technology capability and performance of oil and gas marketing companies in Lagos State, Nigeria. The study employed survey research design. The target population comprised 515 oil and gas marketing and retail outlets operating in Lagos State, Nigeria. A total enumeration technique was adopted. Findings revealed that there is a significant and positive relationship between information technology capability and market share and also organisational culture significantly moderate the relationship between information technology capability and market share of oil and gas marketing companies in Lagos State, Nigeria. The study concludes that there is relationship between information technology capability and market share. Also, organisational culture moderates the relationship between information technology capability and market share. It is recommended that oil and gas marketing companies should evolve dynamic business models that will enhance adoption of information technology capability and organisational culture flexibility in order to achieve the advantage of larger market share.
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Faturoti, Bukola, Godswill Agbaitoro, and Obinna Onya. "Environmental Protection in the Nigerian Oil and Gas Industry and Jonah Gbemre v. Shell PDC Nigeria Limited: Let the Plunder Continue?" African Journal of International and Comparative Law 27, no. 2 (May 2019): 225–45. http://dx.doi.org/10.3366/ajicl.2019.0270.
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The case of Jonah Gbemre v. Shell Petroleum Development Company of Nigeria Limited made a historic deviation from the usual trend of seeking monetary compensation by host communities in oil-rich regions in Nigeria. Rather, it seeks to correct regulatory shortcomings which were upheld by the court but never enforced. This article argues that the failure to enforce the judgment of the court is a missed opportunity to strengthen the environmental regulatory framework in the Nigerian oil and gas industry. It further argues that if the judgment had been enforced, it could have contributed to the reduction of the militant activities in the region and also encourages a significant change in the pattern of redress sought by litigants whose communities have been affected by the operations of oil multinational corporations in the region.
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Miko, Nuraddeen Usman, and Hasnah Kamardin. "Corporate governance mechanisms, sensitive factors and earnings management in Nigerian oil and gas industry." Corporate Ownership and Control 13, no. 2 (2016): 39–48. http://dx.doi.org/10.22495/cocv13i2p4.
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Oil and gas industry is considered as the sector that contributes a big share to the Nigeria economy. This study investigated the effects of corporate governance mechanisms, sensitive factors on earnings management of quoted oil and gas firms in Nigeria using the sample of nine (9) listed oil and gas firms for the period of ten years (2004-2013). Discretionary current accruals was used as the proxy for earnings management. Corporate governance mechanisms (boards size, chief executive officer (CEO) duality, directors’ ownership, audit committee size, audit committee independence), sensitive factors (corporate tax, corporate profit, corporate social responsibility) served as independent variables. The study concludes that corporate governance mechanisms curves earnings management while sensitive factors increase earnings management. The study recommends that corporate governance regulations should be strengthened to reflect present challenges.
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Olayisade, Adegboyega, and Olawumi D. Awolusi. "The Effect of Leadership Styles on Employee’s Productivity in the Nigerian Oil and Gas Industry." Information Management and Business Review 13, no. 1(I) (July 10, 2021): 47–64. http://dx.doi.org/10.22610/imbr.v13i1(i).3194.
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The purpose of this study is to examine the effect of leadership style on employee productivity in the Nigerian oil and gas industry using Chevron Nigeria Limited as a case study. The study used a five-point Likert scale questionnaire consisting of forty questions covering autocratic, democratic, bureaucratic, laissez-faire, transactional, charismatic leadership styles and employee productivity variables. The questionnaire was deployed to one hundred and twenty-five respondents (125) and received ninety-three (93) valid responses. Statistical Package for the Social Sciences (SPSS) was used to analyze respondent responses. Demographic analysis, normality test, homoscedasticity, multicollinearity, reliability test (Cronbach’s Alpha) were presented; results affirm the validity and reliability of research findings. The results of the descriptive and regression analysis indicate that the autocratic leadership style is the most predominant leadership style in the Nigerian Oil and Gas followed by laissez-faire, bureaucratic, transactional, democratic and charismatic leadership styles. The study concludes that leadership styles significantly influence employee productivity albeit different leadership styles have varying effects on employee productivity and varying leadership styles can co-exist within the same organization. The study highlighted various policy implications and recommendations. This study adds to the existing literature on leadership practice and is intended to be a reference point to scholars and researchers for further studies on leadership practices in the oil and gas industry.
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Akam, Mpuon Joseph. "Supply chain planning and business performance of nigeria oil and gas industry." South Asian Journal of Marketing & Management Research 10, no. 5 (2020): 39. http://dx.doi.org/10.5958/2249-877x.2020.00032.6.
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Erhun, Mercy O., and Daniel O. Johnson. "A Legal Framework for Sustainable Electrical Energy Industry in Nigeria." Energy and Environment Research 8, no. 2 (November 26, 2018): 45. http://dx.doi.org/10.5539/eer.v8n2p45.
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Nigeria has fairly adequate endowment of energy resources, yet the country is lagging behind in terms of access to reliable and affordable energy supply. The country faces serious challenges as a result of declining electricity generation from domestic power plants. This steady decline has led to a near failure of the electric power sector. Electricity supply required to place Nigeria on the path of economic growth and sustainable development is in very short supply. The country has just 45 electrification rate, with only 54.7% of her population electrified as at 2016. More than 80 million people are still without access to electricity with frequent power failure. This has contributed to the slow economic growth currently experienced in Nigeria. Regular power supply is the hallmark of a developed economy. Nigeria is blessed with energy resources which could be harnessed to provide various modern energy services and which could have played essential role in the effort to alleviate poverty in the country. There is failure to mobilize the required resources for the development of energy resources in Nigeria. Around 1,500MW of Nigeria’s hydropower potential is currently being used, contributing to about 30% of the total amount of electricity produced. The large amount of gas associated with oil exploration operations is being wasted through flaring instead of being valuably used for power generation and industrial processes. Current patterns of production and consumption of energy are not sustainable. This paper highlights the importance of sustainable electric energy development in attaining sustainable development in Nigeria.
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Etokudoh, Emah Patrick, Mehraz Boolaky, and Mridula Gungaphul. "Third Party Logistics Outsourcing: An Exploratory Study of the Oil and Gas Industry in Nigeria." SAGE Open 7, no. 4 (October 2017): 215824401773556. http://dx.doi.org/10.1177/2158244017735566.
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Not much has been researched in logistics outsourcing in the emerging countries, particularly in the oil and gas industry. This article investigates the feasibility of logistics outsourcing by the international oil and gas companies in the emerging business environment of Nigeria. An exploratory, multicase, qualitative approach was applied, involving 40 interviewees in three international oil companies and three of their logistics service providers. Findings reveal that vendors’ capabilities, host community issues, joint venture influence, and employees’ reactions challenge international oil companies’ logistics outsourcing implementation while relationship management, contract management, and change management skills enable them handle these challenges. The results also show that surveyed organizations implement logistics outsourcing piecemeal and need to scale up their current capabilities to effectively integrate logistics outsourcing. The research confirms logistics outsourcing is achievable in Nigeria, but requires synergies and symbiosis between the oil companies and their local vendors.
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Amadi, Azubuike Hope, Victor D. Ola, and John O. Ayoola. "Review of Nigeria’s Petroleum Industry Bill (PIB)." European Journal of Engineering Research and Science 5, no. 9 (September 11, 2020): 1081–84. http://dx.doi.org/10.24018/ejers.2020.5.9.2109.
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Since the discovery of Crude Oil in 1875, the Petroleum Industry has gradually improved in value due to the series of valuable products gotten from crude oil. The significant impact of crude oil as a source of energy has made exportation and importation of this mineral a lucrative business around the world, having turned to be the major source of revenue for most producing countries. Crude oil has contributed to about 80% of Nigerian Government revenue and foreign exchange since 1958, making it a key player in the economic plan of the country. Its importance in Nigeria has made the Legislature introduce lots of policies and laws governing the Oil and Gas business in the country. However, Nigerians with different views over the years have clamored for an improvement of these policies to enable the benefits of Her resources fairly get to the grassroots, producing communities and states while improving foreign investment policies in the country. These demands led to the introduction of the Petroleum Industry Bill (PIB) in the year 2000. This research work attempts to review and offer recommendations for improvements to avoid future litigations, violence, conflicts, and industry fragility. This work will also elaborate on different steps taken by the Nigerian Government over the years to implement this bill, challenges faced by the Government and International Oil Companies (IOCs), Government and its citizens, and anomalies seen in the bill up till status quo.
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Gabriel, Ojide Makuachukwu, Salami Dada Kareem, Fatimah Kari, Gazi Mahabubul Alam, and Oke David Matuin. "Impact of Gas Industry on Sustainable Economy in Nigeria: Further Estimations Through Eview." Journal of Applied Sciences 12, no. 21 (October 15, 2012): 2244–51. http://dx.doi.org/10.3923/jas.2012.2244.2251.
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Kadiri, Shamusideen. "Safety Management Systems and Disaster Reduction in Oil and Gas Industry in Nigeria." Epidemiology 22 (January 2011): S179—S180. http://dx.doi.org/10.1097/01.ede.0000392228.74132.8d.
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Yahaya, Onipe Adabenege, and Bilyaminu Tijjani. "SIZE, AGE AND LEVERAGE OF NIGERIA QUOTED OIL AND GAS CORPORATIONS." Advanced International Journal of Banking, Accounting and Finance 3, no. 6 (March 16, 2021): 51–60. http://dx.doi.org/10.35631/aijbaf.36005.
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Firm size and age influence firm-level leverage. The extent of such influence on the oil and gas industry is not known in Nigeria. There are very few empirical studies that interrogate the effects of firm size and listing age on leverage in Nigeria. This study examines the impacts of firm size and listing age on firm-level financial leverage of listed oil and gas companies in Nigeria. It was non-experimental research and correlational in nature. Data were extracted from annuals and accounts of 8 firms over a period of 13 years (2007-2019) and subjected to descriptive statistics (number of observations, mean, standard deviations, mean, minimum and maximum means) and inferential statistics (multiple regression analysis). The findings show that firm size has a negative and significant impact on firm-level financial leverage. Firm age has a positive and significant effect on firm-level leverage. In this paper, we contribute to the literature by examining the presence and direction of firm size and listing age to financial leverage user data from listed oil and gas firms in Nigeria. Our study is the first to address the adverse implications of Modeling with firm size and listing age on firm-level financial leverage.
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Aderogba, Kofo A. "Greenhouse Gas Emissions and Sustainability in Lagos Metropolis, Nigeria." International Journal of Learning and Development 1, no. 2 (December 19, 2011): 46. http://dx.doi.org/10.5296/ijld.v1i2.1190.
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Abstract The enhancement of the greenhouse effect in driving increases in temperature and many other changes associated with climate have become great concern to research. The objective of this paper is to estimate the amount of greenhouse gases in the atmosphere in Lagos Metropolis. Literatures on road and air travels were read; and also journal articles on pollution and greenhouse gases, global warming and climate change. Newspaper cuttings, magazines, and electronic media sources of data and information were used. Trends in the growth and development of railway locomotives, marine activities, vehicular movements and air travels in the metropolis were studied and correlated with the estimated greenhouse gases emitted. There is positive correlation. Vehicular movements and air travels have increased by over 50% in the last twenty years. Greenhouse gases are increasing by the day. There must be deliberate checks on gas emission from automobiles, plants and machineries and in the aviation industry. The world is not at rest to arrest the effects of climate change and global warming. Nigeria and Nigerians and particularly Lagosian, the government and research institutions should be parts of the efforts. Key words: Greenhouse Gas, Emissions, Predicaments, Economic Value, Lagos Metropolis.
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Ohirhian, P. U. "Equations for the Z-Factor and Compressibility of Nigerian Natural Gas." Advanced Materials Research 62-64 (February 2009): 484–92. http://dx.doi.org/10.4028/www.scientific.net/amr.62-64.484.
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New equations for calculating the Gas Deviation Factor (z) and the Compressibility of Nigerian Natural Gas have been developed. The equation for the Gas Deviation Factor was developed from a plot of the logarithm of the ratio of Pressure to Temperature versus the logarithm of the ratio of the Pressure to the Gas Deviation Factor.. The plot gave a linear relationship that gave the Gas Deviation Factor equation. A differentiation of the Gas Deviation Factor equation produced the new equation for calculating the Gas Compressibility. Values from the new equation for calculating the Gas Deviation Factor were compared with experimental Pressure, Volume, Temperature (PVT) measurements and the following statistical measurements of accuracy were obtained: Average percent error of 3.050, average absolute percent error of 3.649 and standard deviation of 3.910. Over 75% data tested showed error less than 5 %. A big advantage of the new equations is that they are simple and do not require pseudo critical pressure and pseudo critical temperature needed to obtain z from the current popular equations of state used in the Oil Industry. The data used to develop the model in this work came from Gas associated with produced oil in the Niger Delta. API gravity of the oil, ranged from 17.4 to 44. Pressure ranged from 15 psia to 4015 psia and Temperature ranged between 127 and 205 degree Fahrenheit. This range of data covers at least, ninety five percent of data used in the upstream sector of the Nigeria Oil and Gas Industry.
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Nkordeh, Nsikan, Uzairue Stanley Idiake, Ibinabo Bob-Manuel, and Francis Anyasi. "The telecom value chain, opportunities and revenues created by the nigerian telecom boom." International Journal of Electrical and Computer Engineering (IJECE) 9, no. 3 (June 1, 2019): 2018. http://dx.doi.org/10.11591/ijece.v9i3.pp2018-2024.
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<p>In Nigeria today, we face a serious economic challenge which is as a result of our swindling primary source of revenue (oil), there is fear amongst our economists which is can Nigeria bounce back to what she once was? Can there be an alternative source to serve as a buffer to what we already have. This study aims to bring to prime focus, an industry which has begun blooming in the background. Despite the publicity and popularity enjoyed by today’s telecom giants in the country, there is very little knowledge pertaining to the tremendous impact that it has had directly or indirectly on our economy over the years. Since the liberalization of the telecom industry that brought about the involvement of private investors into the sector, the opportunities and revenues generated has brought about a tremendous effect on the economy. The telecom sector is only second after the oil and gas industry in the amount of finance it contributes to the federal account. This paper discusses some of the value chains, opportunities, revenue that the telecom industry has brought to Nigeria. It uses data obtained from relevant authorities.</p>
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Elenwo, Ephraim Ikechukwu, and Justine Ayaegbunem Akankali. "Environmental Policies and Strategies in Nigeria Oil and Gas Industry: Gains, Challenges and Prospects." Natural Resources 05, no. 14 (2014): 884–96. http://dx.doi.org/10.4236/nr.2014.514076.
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Felix Erhinyoja, Erhirhie. "Corporate Social Sustainability Reporting and Financial Performance of Oil and Gas Industry in Nigeria." International Journal of Accounting, Finance and Risk Management 4, no. 2 (2019): 54. http://dx.doi.org/10.11648/j.ijafrm.20190402.12.
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Njelle, Vandi, Obidimma Ikeh, Obumure Cornelius, and Nchedo Obiukwu-Ifeanyi. "STUDY OF CORROSION RATE OF LOW AND MEDIUM CARBON STEEL PRESSURE VESSEL IN NIGERIA OIL AND GAS INDUSTRY USING ULTRASONIC TESTING (UT)." E-journal of New World Sciences Academy 15, no. 3 (July 23, 2020): 151–58. http://dx.doi.org/10.12739/nwsa.2020.15.3.1a0458.
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Muhibudeen, Latifat, and Sadiya Abdulrahman. "Compliance with Statement of Accounting Standard 14 by Listed Oil and Gas Firms in Nigeria." Applied Finance and Accounting 6, no. 1 (November 27, 2019): 15. http://dx.doi.org/10.11114/afa.v6i1.4632.
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The study aimed at examining the financial statements of Companies in the Nigerian petroleum industry in other to determine their level of transparency which is a function of their level of compliance with the provisions of Statements of Accounting Standards (SAS) 14 in the upstream sector. Data were collected from annual reports and accounts of the 14 listed oil companies for the period of five years 2013 to 2017. They were analyzed using compliance index, descriptive statistics, correlation and regression. The result reveals that oil and gas companies in Nigeria strongly complied with the requirements of SAS14 with 92.44%. It also shows that the age, size of assets, ROA and Leverage of the companies have insignificantly effect on SAS 14. The study recommends that International Accounting Standard Board, Financial Reporting Council and other relevant regulatory bodies to, as a matter of urgency, commission additional and effective follow up campaigns and supervision aimed at enlightening not only corporate bodies but also individual stakeholders on the benefits derivable from compliance with requirement of SASs.
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Emmanuel, Chinanuife, Magboo Kingsley, and Zekeri Momoh. "OIL PRICE VOLATILITY AND INFLATION LEVEL IN NIGERIA: AN EXPONENTIAL GARCH APPROACH." International Journal of Advanced Research 9, no. 08 (August 31, 2021): 01–08. http://dx.doi.org/10.21474/ijar01/13219.
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Over the years, expenditures of public and private sectors are regulated by the activities in the oil and gas industry. The budget of Nigeria is hinged on the international price of crude oil and any shock on oil price affects the general activities in the country. With quarterly data from the period of 1981Q1 to 2020Q2, the study uses an exponential generalized autoregressive conditional heteroscedasticity approach to examine oil price volatility and inflation level in Nigeria. An augmented Dicky-Fuller unit root test and bound test cointegration approach were used to test for stationarity and existence of long run association among the variables respectively. The study found that negative shocks in real oil price affects the volatility of the inflation level. Also, it was observed that aside real oil price volatility, interest rate and real gross domestic product volatilities affect the volatility of the inflation level. The study therefore recommends among other things that policies meant for diversification of Nigerian economy in areas like industries and agriculture should be adopted to reduce high volatility of the inflation level.
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Kassim-Momodu, Momodu, Abubakar Ali Chifwang, and Safiyyah Omorinsola Alimi. "An Unconventional Clarion Call for a New Energy Order: Is Covid-19 a Blessing for the Nigerian Energy Sector?" Global Energy Law and Sustainability 1, no. 2 (August 2020): 149–55. http://dx.doi.org/10.3366/gels.2020.0019.
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The year 2020 commenced with the global spread of Coronavirus and COVID-19 disease from China to other parts of the world. It was declared a pandemic on May 11, 2020 with recorded cases in all continents except Antarctica. Nigeria recorded its first case of the virus on February 27, 2020 and it has been on a download slope from then on, with over 8,000 cases as at May 27, 2020. Without a doubt, the pandemic has had a number of effects on Nigerian. The national economy, financial and employment status of most citizens hang in uncertainty, health conditions have become a daily concern; amongst other issues plaguing the country in the face of the pandemic. The disruptions and uncertainties that occurred as a result of the pandemic was a hit to economies of the world. The challenges posed by the virus have expectedly thrown the global economy into a recession, the magnitude and duration of which the world is trying to decipher. The economic effects of the global crisis have been felt in different aspects of the economy, including reduced trade, financial flows, tourism and declining prices of oil, gas and other commodities. This paper will review the state of Nigeria's economy and the petroleum industry before Covid-19, the immediate and long-term impact of coronavirus pandemic on the economy and the petroleum industry, the legislative and executive actions consequent upon the pandemic. The paper will also determine whether the pandemic is a wakeup call to diversify the nation's energy mix and begin an energy transition to a new energy order to improve the economy and achieve decarbonisation in Nigeria.
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Arokodare, M. A., and O. U. Asikhia. "Entrepreneurial Orientation as a Determinant of Oil and Gas Service Firm Performance in Nigeria: The Moderating Role of External Environment." Journal of Management and Strategy 11, no. 2 (June 1, 2020): 1. http://dx.doi.org/10.5430/jms.v11n2p1.
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Oil and gas service sector is one of the major sectors of the oil and gas industry that contributes to and enhances economic functions across the globe. This industry in Nigeria was plagued with problems of unstable global oil prices, absence of entrepreneurial mindset, poor entrepreneurship ideas and mis-match of entrepreneurial orientation strategies with local and international business environmental conditions. Due to these problems, the oil and gas service firms recorded declining market performance and profitability. This study therefore examined the effect of entrepreneurial orientation components on overall performance. The study adopted cross-sectional survey research design with a target population of 14,038 owners and managers of oil and gas service companies operating in Nigeria. A mixed sampling technique was adopted to select the sample size of 576 using the Cochran (1997) formula. The data was analyzed using descriptive statistics and multiple and hierarchical regression methods of analyses. Findings revealed that entrepreneurial orientation components (proactiveness, innovativeness, risk taking propensity, autonomy and competitive aggressiveness) had significant effect on market performance (Adj.R2 = .538, F-stat = 92.142, p<0.05). Entrepreneurial orientation components significantly affected profitability (Adj. R2 = .626, F-stat = 76.584, p<0.05); while external environment significantly moderated the relationship between entrepreneurial orientation and firm performance (Δ Adj.R2 = .593, ΔF = 25.451; F-stat = 47.215, p<0.05) all at 5% level of significance. Implications of the findings and recommendations were made.
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Okonkwo, Eloamaka Carol. "ASSESSING THE IMPACTS OF SPILLS AND OIL-RELATED POLLUTION IN NIGERIA." International Oil Spill Conference Proceedings 2017, no. 1 (May 1, 2017): 2017177. http://dx.doi.org/10.7901/2169-3358-2017.1.000177.
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Pollution associated with oil and gas exploration causes huge environmental damage. It is mainly caused by oil spills, gas flaring, effluent discharge and human error and these impacts on health, environment, and culture, economic and social activities of people. Recently, spills appear to be the main cause of oil-related pollution because many countries have worked hard to reduce flaring which is also a major source of pollution in the industry. In Nigeria, pollution from exploration activities is mainly caused by oil spills and gas flaring[1]which had led to many problems including health complications such as serious respiratory problems cancer, kidney and liver problems or even deaths, destruction of farmlands, fishing industry, tourism facilities and cultural areas. It has also led to community conflicts, violence and frustration, militancy, reduction in tourism and hospitality industries, and loss of biodiversity and destruction of habitats. This paper holistically looked at these impacts and examined them in the context of the Niger Delta situation. It generally raises and seeks to provide answers to some important questions: why are these problems grave in Nigeria and the role the negative impacts had played in anti-social behaviour, crises and criminality in the Niger Delta? In answering the questions, the paper examines actions taken by stakeholders to ameliorate the impacts while making few references to other jurisdictions where appropriate. It concluded that the impacts of spills and oil-related pollution are one of the main reasons why militancy and other societal ills have taken the centre stage in the Niger Delta. It recommends a more tailored solution in dealing with oil pollution and problems caused by it.
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Neszmélyi, György Iván. "The motivations for the diversification of the Nigerian economy focusing on sustainable agriculture." Applied Studies in Agribusiness and Commerce 8, no. 1 (August 31, 2014): 7–13. http://dx.doi.org/10.19041/apstract/2014/1/1.
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Agriculture is one of the major branches of the economy in Nigeria, the most populous country in Africa. It employs around 70% of the population and its contribution to the national GDP ranges around 45% (2012). In spite of the fact that most of the area is arable the majority of food, the Nigerian population consumes, comes from imports. The paper attempts to provide in insight to the reasons, why Nigeria could still not achievew self sufficiency from major food crops and livestock. Beyond the rapid growth of the population, one of the major reasons is the rich oil and natural gas reserves, the exploitation and export of which has been providing with the country with “easy cash” for the recent few decades. Another reason is that the agricultural holdings are small and scattered, and farming is carried out with simple tools and techniques. Modern and large-scale farms are not common. The political leadership and economic decision makers of the country already recognized the necessity of the development of the food and agricultural sector, which – contrary to the oil industry – would exercise a deep and positive impact on the rural society as well. Nigerian agriculture is being transformed towards commercialization at small, medium and large-scale enterprise levels.
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Nwapi, Chilenye. "The achievement of regulatory excellence in the oil and gas industry in Nigeria: the 2017 National Oil and Gas Policy." Journal of Energy & Natural Resources Law 38, no. 1 (July 10, 2019): 91–117. http://dx.doi.org/10.1080/02646811.2019.1620995.
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Amponsah-Tawiah, Kwesi, Kwasi Dartey-Baah, and Kobena Osam. "Turning potential collision into cooperation in Ghana’s oil industry." Society and Business Review 10, no. 2 (July 13, 2015): 118–31. http://dx.doi.org/10.1108/sbr-12-2014-0059.
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Purpose – This paper aims to examine the potential impact of the presence of oil resource on the Ghanaian society. Specifically, the paper investigates the relationship between key stakeholders in the oil sector, how stakeholder interactions create the potential for collision and advances measures aimed at turning possible collision into cooperation. Design/methodology/approach – The paper uses a literature review-based approach, drawing on existing literature in a number of areas including corporate social responsibility (CSR), oil and gas industry in Ghana and Nigeria as well as communication. Findings – The paper advances that expectations of stakeholders as regards oil being a panacea to all their problems must be managed to avoid possible collision. Additionally, Ghana’s oil industry must identify and engage all stakeholders in planning suitable and sustainable CSR programmes for economic development, thus fostering a friendly environment for oil companies. Transparency and accountability are also needed to promote cooperation rather than collision among stakeholders in Ghana’s oil industry. Originality/value – This paper raises and brings to the fore critical issues that can lead to potential collisions in the oil and gas industry in Ghana if not well-managed, and thus an innovative work in that regard.
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Abdulkareem, A. S., and J. O. Odigure. "Economic Benefit of Natural Gas Utilization in Nigeria: A Case Study of the Food Processing Industry." Energy Sources, Part B: Economics, Planning, and Policy 5, no. 1 (December 28, 2009): 106–14. http://dx.doi.org/10.1080/15567240802053996.
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Olujobi, Olusola Joshua. "Analysis of the Legal Framework Governing Gas Flaring in Nigeria’s Upstream Petroleum Sector and the Need for Overhauling." Social Sciences 9, no. 8 (July 27, 2020): 132. http://dx.doi.org/10.3390/socsci9080132.
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Nigeria is rated the number one producer of crude oil in Africa. Still, oil exploration activities have resulted in a high rate of gas flaring due to weak enforcement of the anti-gas flaring laws by the regulatory authorities. Associated natural gas is generated from oil production, and it is burnt in large volumes, thereby leading to the emission of greenhouse gases and waste of natural resources which could have generated billions of dollars for the Federal Government of Nigeria. There are concerns that if nothing is done to curtail this menace, humans and the environment will be imperiled due to its negative consequences. There is therefore a need to decrease gas flaring by replicating the strategies applied in the selected case study countries to combat the menace. It is relevant to carry out this analysis to reduce greenhouse gas emissions in the oil industry for the sustainability of the energy sector and to generate more revenues for the government. This study provides guidelines for legislatures on suitable approaches to adopt for formulating an anti-flaring legal framework. The study is a comparative analysis of national legal regimes on gas flaring in Nigeria, Canada, the United Kingdom, Saudi Arabia, and Norway. The study adopts a doctrinal legal research method, a point-by-point comparative approach with a library-based legal research method. The study finds that weak enforcement of laws is a critical factor responsible for the menace. It recommends the use of more advanced technologies, a sophisticated mixture of regulations and non-regulatory incentives such as fiscal policies and gas market restructuring, and proffers further suggestions based on the lessons learnt from the selected case study countries.
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Das, Vasudev. "De-escalation strategies for kleptocracy in Nigeria’s oil sector." Journal of Financial Crime 27, no. 3 (May 22, 2020): 821–34. http://dx.doi.org/10.1108/jfc-03-2020-0036.
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Purpose The purpose of this qualitative case study is to explore strategies for the de-escalation of kleptocracy in Nigeria’s oil and gas industry. Design/methodology/approach The author used a qualitative case study to facilitate the generation of data from eight research participants in semi-structured open-ended interviews. Findings The themes that emerged from analysis of interview transcriptions were high self-control, traditional African oath of office, whistleblowing, stiffer penalties for corrupt officials, education and training, self-regulation and sonic therapeutic intervention. Research limitations/implications Interviewees might withhold information regarding their insights on strategies for de-escalating kleptocracy. That was beyond my control. Practical implications The study results provided leaders with insightful comprehension of anti-kleptocracy policy in the oil and gas industry. Therefore, leaders would benefit and advance their decision-making process on the development and implementation of an anti-kleptocracy strategy to revamp the financial value of the oil and gas industry in Nigeria. Social implications The results of the study have the potential to contribute to positive social change by enlightening government leaders and anti-corruption agencies on strategies to de-escalate kleptocracy in the oil and gas industry. Originality/value The study’s uniqueness enabled filling the gap in financial crime literature as well as an added value to the applied management and decision sciences domain.
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Ya'u, Abba, Natrah Saad, and Abdulsalam Mas'ud. "Validating oil and gas royalty rate measurement scale: evidence from Nigeria." International Journal of Energy Sector Management 14, no. 3 (January 13, 2020): 653–66. http://dx.doi.org/10.1108/ijesm-09-2019-0010.
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Purpose This study aims to validate the royalty rate measurement scale by using rigorous scale validation procedures. Design/methodology/approach Evaluation of reliability and validity of the measures of royalty rate was performed through confirmatory factor analysis (CFA) using SPSS version 25 and PLS-SEM version 3.8. Findings The results provide evidence that the royalty rate measurement scale has achieved reliability and validity criteria. Research limitations/implications Consequently, policymakers, practitioners and researchers can adopt this scale to assess the royalty rate in other energy sectors where royalty arrangements exist in different jurisdictions across the globe. Practical implications The practical contributions of the study are threefold. First, the validated scale presented in Table IV can serve as a checklist for oil and gas producing countries while assessing the stringiness or otherwise of their royalty rates. Second, the validated scale can be used to assess the perception of oil and gas companies with regards to the royalty rate as whether the rate is too high and worrisome or is acceptable. Finally, it could also be used to assess the role of regulatory bodies in assessing royalty rates while dealing with multinational and local oil companies. Eventually, the scale can assist policymakers across the globe to adapt in investment decision-making, particularly regarding royalty arrangement. Originality/value This study undoubtedly builds the existing literature and contributes to the subject area; by implication, the validated scale will assist host oil and gas countries with stringent royalty rate to revise the royalty policy in such a way to ensure neutrality, thereby not chasing away the current investors or discouraging prospective ones from investing in their oil and gas industry.
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Verla, Andrew Wirnkor, E. N. Verla, P. Adowei, A. Briggs, and M. Horsfall. "Quality Assessment of Vegetable Oil Industry Effluents in Port Harcourt, Rivers State, Nigeria." International Letters of Chemistry, Physics and Astronomy 33 (May 2014): 179–89. http://dx.doi.org/10.18052/www.scipress.com/ilcpa.33.179.
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Five composite samples of waste water were collected from waste water tank of a vegetable oil refining company and were analyzed for physiochemical characteristics, heavy metal and organic pollutants. Physicochemical determinations were done according to standard methods; heavy metals were determined by use of Atomic Absorption Spectrophotometer method while organic pollutants were determined by Gas chromatography system HP 6890 series. Sulphate was determined by vanadomolybdophosphoric acid method while phosphates and chlorides were determined by argentometric method. Results reveal that effluent pH (4.67 ±0.015), salinity (125 ±4.50 %) and BOD5 (17.83 ±1.70 mg/l) were bellow WHO standard whereas TDS (127.7 ±5.77 mg/l), TSS (563.6 ±3.15 mg/l) and COD (3959 ±3.8 mg/l) were above WHO standards. Heavy metal pollution index (0.31) showed no multi-element contamination arising from effluent. The degree of contamination (1.84) showed that the effluent has a moderate polluting potential. Lower molecular weight PAHs showed a significant difference even though most of the organic compounds in vegetable oil refinery wastewater showed good biodegradability that varied weekly. Therefore there is either no treatment or an in effective treatment of the effluents. This could result to serious environmental problems in the near future.
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Etim, Mmemek-Abasi, Kunle Babaremu, Justin Lazarus, and David Omole. "Health Risk and Environmental Assessment of Cement Production in Nigeria." Atmosphere 12, no. 9 (August 30, 2021): 1111. http://dx.doi.org/10.3390/atmos12091111.
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The cement manufacturing industry has played a fundamental role in global economic development, but its production is a major facilitator to anthropogenic CO2 release and solid waste generation. Nigeria has the largest cement industry in West Africa, with an aggregate capacity of 58.9 million metric tonnes (MMT) per year. The Ministry for Mines and Steel Development asserts that the nation possesses total limestone deposits of around 2.3 trillion MT with 568 MMT standing as established reserves and 11 MMT used. Cement industries are largely responsible for releasing air pollutants and effluents into water bodies with apparent water quality deterioration over the years. Air pollution from lime and cement-producing plants is seen as a severe instigator of occupational health hazards and work-related life threats, negatively affecting crop yields, buildings, and persons residing in the vicinity of these industries. World Bank observed in 2015 that 94% of the Nigerian populace is susceptible to air pollutants that surpass WHO guidelines. In 2017, World Bank further reported that 49,100 premature deaths emanated from atmospheric PM2.5, with children beneath age 5 having the greatest vulnerability owing to lower respiratory infections, thereby representing approximately 60% of overall PM2.5-induced deaths. Cement manufacturing involves the significant production of SO2, NOx, and CO connected to adverse health effects on humans. Sensitive populations such as infants, the aged, and persons having underlying respiratory ailments like asthmatics, emphysema, or bronchitis are seen to be most affected. Consequently, in addressing this challenge, growing interests in enacting carbon capture, usage, and storage in the cement industry is expected to alleviate the negative environmental impact of cement production. Still, no carbon capture technology is yet to achieve commercialization in the cement industry. Nonetheless, huge advancement has been made in recent years with the advent of vital research in sorption-enhanced water gas shift, underground gasification combined cycle, ammonium hydroxide solution, and the microbial-induced synthesis of calcite for CO2 capture and storage, all considered sustainable and feasible in cement production.
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Ekhator, Eghosa Osa. "Corporate Social Responsibility and Chinese Oil Multinationals in the Oil and Gas Industry of Nigeria: An appraisal." Cadernos de Estudos Africanos, no. 28 (December 1, 2014): 119–40. http://dx.doi.org/10.4000/cea.1704.
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Green, Christian Raymond, John I. Sodiki, and Barinyima Nkoi. "Energy Audit of a Wheat Processing Plant in Rivers State, Nigeria." European Journal of Engineering Research and Science 4, no. 1 (January 24, 2019): 69–74. http://dx.doi.org/10.24018/ejers.2019.4.1.1073.
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In this study, energy audit of a wheat processing plant in Rivers State, Nigeria has been carried out. A walked-through energy audit method was undertaken to identify the major sources of energy in use, identify the lapses in energy usage, identify areas to improve energy usage, determine the level of energy consumption of the various energy sources and recommending policy measures that will enhance energy savings in the industry. The analysis showed that eight defined unit operations were required for the production of wheat flour; Truck Loading, Intake or Storage, Cleaning, Tempering or Conditioning, Holding Bin, Milling, Finished Product and Packaging. The types of energy used were electrical, thermal (diesel and gas), and manual energies with proportions of 14.63%, 85.31% and 0.05% respectively of total energy input. Average energy intensity was estimated to be 1.3GJ/tonnes for the production of wheat flour for the 5 years (2011-2015) study period. The most energy intensive operation was identified as the milling process with percentage energy input of 44.39% (123837.60MJ) followed by Finished Product Storage process with percentage energy input of 36.17% (100885.92MJ). It was observed that the industry under review did not sufficiently utilize energy as the energy used ratio is below 1. This was as a result of some factors that contributed to energy waste and energy use inefficiency in the industry. Among these factors are: electric motor that dissipate much heat, use of electric motors that have been rewound more than twice and generation of electricity more than needed in the industry by some generators. The exergy analysis showed that the roller dryer accounted for the major loss in the process with an inefficiency of 44.8%. The useful work was 5.3kJ; exergy loss expended is 15.68kJ in the roller dryer. The study concluded that energy is not sufficiently utilized in the industry resulting in high energy waste and high pricing of wheat flour products.
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Friday, Edeh Ogbu, and Mlanga Sunday. "Talent Management and Workers’ Commitment." SEISENSE Journal of Management 2, no. 3 (April 9, 2019): 1–15. http://dx.doi.org/10.33215/sjom.v2i3.138.
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Purpose: This investigates the relationship between talent management and workers’ commitment to oil and gas firms in Nigeria using a cross-sectional survey. Ten oil and gas servicing firms were surveyed using simple random sampling.
Design/Methodology: A population of 125 managers and supervisors were surveyed from ten oil and gas firms in Rivers state while a sample of 95 was ascertained from the population using Krejcie and Morgan sample size determination table. Reliability of the instrument was determined using Cronbach Alpha. Face and content validity was employed. 95 copies of the questionnaire were administered to managers and supervisors but 74 copies were correctly filled and returned. Pearson Product Moment Correlation Coefficient (rs) was used to analyze the hypotheses with the aid of statistical package for social sciences (SPSS 20.0) while respondents’ characteristics were analyzed using frequency distribution.
Findings: The study found that talent management has a positive significant relationship with workers commitment. It concluded that talent management measured in terms of talent attraction, talent development and talent retention promotes workers commitment in oil and gas firms in Nigeria.
Practical Implications: This study recommends that managers of oil and gas firms should endeavor to employ all compensation plans necessary to retain talents in the industry as this will enhance their commitment towards achieving organizational goals.
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Shehu, A. I., I. I. Inuwa, I. U. Husseini, and Ibrahim Yakubu. "Hotel Energy Application Practices in Abuja Nigeria." Journal of Sustainable Development 12, no. 6 (November 28, 2019): 27. http://dx.doi.org/10.5539/jsd.v12n6p27.
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The recent increase in prices of energy resources and effects of global warming propelled the growing relevance of improving energy efficiency especially in an energy intensive industry like hotels. This study examines the hotel energy application practices in Abuja Nigeria. The study administered questionnaires to hoteliers in Abuja Nigeria. Data collected was analyzed using descriptive technique. The results indicate hotels in the study area are of divergent physical and operational characteristics implying varying energy consumption and efficiency positions. The respondents aggregated mean ranking on hotel service provision shows all identified services as excellently or very well provided, except for electricity warmed pools which was ranked neutral. Predominantly three types of energy resources were utilized by hotels in the study area which includes grid supplied electricity, diesel and cooking gas respectively. The study recommends the adoption of Demand side management approach to checkmate guest and staff inefficient behaviors’ in addition to regular energy audits and employing renewable resources to straighten the track of the hotel’s energy consumption towards sustainability.
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Umejesi, Ikechukwu, and Michael Thompson. "Fighting elephants, suffering grass: oil exploitation in Nigeria." Journal of Organizational Change Management 28, no. 5 (August 10, 2015): 791–811. http://dx.doi.org/10.1108/jocm-03-2015-0048.
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Purpose – The purpose of this paper is to understand the interactions of the different actors – the state, multinational oil and gas companies, environmental advocacy groups and local people – in the oil-rich Niger Delta. Design/methodology/approach – The paper draws on interviews, observations and focus group discussions, as well as on archival materials relating to the development of the oil and gas industry during the colonial period (i.e. pre-1960 Nigeria). Findings – A cultural theory-based analysis of the environmental risk perceptions of the different actors reveals a profoundly unconstructive institutional configuration, in which the collusion of two “solidarities – the oil companies (individualism) and the state (hierarchy) – has led to the exclusion of the local communities (egalitarianism) who have found themselves impoverished and marginalised (fatalism). With these two “elephants” – individualism/hierarchy and egalitarianism/fatalism – pitted against each other, it has been the “grass” – the natural environment that has suffered. Practical implications – Giving the local communities a stake in the wealth-creating process, from which they are at present excluded, would shift the pattern of inter-solidarity engagement from one in which two “active” (i.e. non-fatalist) voices silence the third to one in which each voice is able to make itself heard and is then responsive to the others. Originality/value – Innovative and current on under-researched topic and geography. The main fieldwork was conducted between 2007 and 2008, with further field visits and updates between 2009 and 2013.
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Agbonifo, Philip Ejoor. "Risk Management and Regulatory Failure in the Oil and Gas Industry in Nigeria: Reflections on the Impact of Environmental Degradation in the Niger Delta Region." Journal of Sustainable Development 9, no. 4 (June 8, 2016): 1. http://dx.doi.org/10.5539/jsd.v9n4p1.
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Risk management practice and effective policy intervention are critical to achieve stable environment and sustainable development. They are mechanisms for environmental management, environmental sustainability and sustainable community development for the people of the Niger Delta region. Informed by intuitive insights on the large scale of degradation in the Niger Delta, theoretical analysis of extant literature and content analysis of field interview/observation, this paper identified poor environmental risk management and regulatory failure as the bane of environmental degradation in the Niger Delta region. Why has regulatory agencies failed to protect communities against the impacts of environmental degradation and other consequences of oil and gas exploration activities? While there are enough legal and regulatory frameworks, however, weak enforcement and poor implementation of the existing regulations provides fertile ground for environmental degradation to persist. Thus, this article analyses some of the salient environmental issues as well as the regulatory and risk management failures in the oil and gas industry in Nigeria. It concludes that failure to carry out effective regulations and oversight in the oil and gas industry have resulted in environmental degradation (oil spills and gas flaring), contamination of water for fishing and farming activities, dispossession of rural farmers from their means of livelihood, poverty, migration and food shortages in the Niger Delta.
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Omodero, Cordelia Onyinyechi, and Kabiru Isa Dandago. "Investment in Agriculture and Extractive Industry: A Panacea for National Development." Research in World Economy 11, no. 1 (March 6, 2020): 34. http://dx.doi.org/10.5430/rwe.v11n1p34.
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Economic diversification into agriculture and extractive industry in Nigeria has been a fascinating and crucial economic issue that deserves consideration especially as the country is shifting from mono-economy (caused by oil boom) to other viable economic sectors. The global economic meltdown and depression have stimulated countries to look into other sectors of the economy in order to enhance their national development. Hence, this study tries to examine the contribution of agriculture and extractive industry to the Nigeria’s real gross domestic product (RGDP). The study makes use of time series data gathered from CBN Statistical Bulletin ranging from 1981-2017 and employs Ordinary Least Squares (OLS) method as the statistical tool with the aid of e-views version 9. The findings reveal that agriculture has a robust and noteworthy positive impact on RGDP while the solid mineral equally has a substantial positive influence on RGDP. However, crude petroleum (proxy for crude petroleum & natural gas) has a positive inconsequential effect on RGDP. This brings the study to a conclusion that investment in agriculture and solid minerals is highly imperative at the moment. Therefore, the study has suggested that economic diversification should be focused more on agriculture and solid mineral extraction. In addition, the government should try to manage the crude petroleum and natural gas exploration so as to prevent fund repatriation and transfer to other countries due to borrowed technology.
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Odunze, W. C. "ASSESSMENT OF IMPACT OF A GAS PLANT ON THE ENVIRONMENT OF OGBA/EGBEMA/NDONI, RIVERS STATE, NIGERIA." African Journal of Health, Safety and Environment 1, no. 1 (April 21, 2020): 81–89. http://dx.doi.org/10.52417/ajhse.v1i1.38.
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Environmental impact of oil industries has constituted great hazard. This paper therefore evaluates the impact of gas flaring in Ogba /Egbema/Ndoni on the socio –economic well-being, environment, and health status of the inhabitants and the effort by the Industry to alleviate these effects. Mitigative measures and more effective management options were recommended. The research adopted analytical and survey research design methods. The data were obtained from questionnaire, interview and personal observation. 200 copies of structured questionnaires, were administered, while 192 were retrieved. The result showed that the gas flaring of the Industry impacted negatively from environmental to health status and socio-economic well-being, through constant rise in temperature and sooth pollution which in turn affect the agricultural produce both in quality and quantity. Cough, catarrh, skin and other respiratory diseases are associated with the activities of the oil industries in the area. The degradation of the environment weakened the economic life of the people as they depend on the agricultural yield for their income. Finally, recommendation on the need for public awareness on any project and engagement on the potential benefits of the project and abatement methods of the impact to the environment. Government to draw a line between technical and political decision as to guide office holders also Community Development Commission (CDC) staff should develop project initiative to reinforce the assessment and awareness on environmental sustenance. Health facilities to be improved and resistant species be given to farmers.
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Jegede, O. O., M. O. Ilori, J. A. Sonibare, B. A. Oluwale, and W. O. Siyanbola. "Knowledge Sharing and Innovation as it affects the Local Content in the Oil and Gas Industry in Nigeria." African Journal of Science, Technology, Innovation and Development 5, no. 1 (February 2013): 31–38. http://dx.doi.org/10.1080/20421338.2013.782145.
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