[ad_1]
AN EVALUATION OF THE POTENTIALS OF NATURAL GAS IN THE ECONOMIC DEVELOPMENT OF NIGERIA
ABSTRACT
This study brought to the fore, a critical evaluation of the potentials of natural gas in the economic development of Nigeria. Natural gas option was considered the best alternative energy resource to other resources for optimizing income earning, indigent capacity building and the socio-economic development of an over populated Nigeria. Data and statistical reports from the various oil companies ere collaborated with the central bank economic report to determine the income generation from the resources. Parameters for measuring economic development analysis were used, including the various applications of natural gas. There impacts were then accessed in terms of efficiency of production, effectiveness of use, human and social welfare conditions of the people. These results indicated that natural gas production and utilization have not sufficiently contributed towards the socio-economic development of Nigeria. It is therefore imperative that a comprehensive energy policy should be formulated by the government to make-up for the functional lapses in gas exploration and partner effectively with oil companies to invest in transportation and marketing. Also a firm date should be set by government to stop gas flaring in all ramifications so that the desired economic benefit of natural gas will be sufficiently felt.
This Research Project Material is posted with good intentions. if you own it, and believe that your right is infringed or violated, Please send us a mail – admin@freeresearchproject.com.ng and actions will be taken immediately. Thank you.
[ad_2]
Talk to us
Please call 08111770269 or +2348059541956 to place an order or use the whatsapp button below to chat us up.
The Blazingprojects Mobile App
Download and install the Blazingprojects Mobile App from Google Play to enjoy over 50,000 project topics and materials from 73 departments, completely offline (no internet needed) with the project topics updated Monthly, click here to install.
- Contains 50,000 project topics.
- With complete project materials.
- Contains 73 departments.
- Completely offline, No internet needed.
- Updated Monthly with new project topics & departments.
- Easy to navigate and search projects.
- Easily shareable via Xender, Bluetooth, etc.
- Easy project support from inside the App.
- Universities, Polytechnics & Colleges of Education.
Recent Comments