期刊名称：International Research Journal of Finance and Economics
印刷版ISSN：1450-2887
电子版ISSN：1450-2887
出版年度：2018
期号：165
页码：110-117
出版社：European Journals Inc.
摘要：The study adopted the ex-post facto research design. Secondary data was sourced from Petroleum Products Pricing Regulatory Agency (PPPRA) and the Central Bank of Nigeria Statistical Bulletin for the period 2006 to 2015. Regression statistic was used to test the hypothesis formulated. The result revealed payment of subsidy had positive and significant impact on gross domestic product of Nigeria for the period 2006 to 2015 (coefficient of Log OPS = 0.3420, t-value = 2.133, p-value 0.045 < 0.05). This may not be unconnected with the use of such funds in productive sectors of the Nigerian economy. However, since government is insisting on the removal, the removal of subsidies should not be done in phases as it has never worked in any country and there is a strong likelihood that it may not work in Nigeria as well.
关键词：Oil; Subsidy; Management; Nigerian Economy; Gross Domestic Product (GDP); Nigerian National Petroleum Company (NNPC); Petroleum Products Pricing Regulatory Agency (PPPRA).
