Comparative analysis of Nigerian international oil marketing model (NIOMM) and the models of four selected OPEC members; and a proposed new model for Nigeria

Thesis/Dissertation · Tue Dec 31 23:00:00 EST 1985

OSTI ID:5967808

Udeke, O O

This study demonstrates that NIOMM has deficiencies and, as a result, has affected the progress of Nigeria's political and socio-economic development. One finding is that Nigeria is beset with ineffective planning, lack of marketing expertise, and inadequate marketing strategies. Other findings show that: (1) the Nigerian oil industry (HOI) is suffering from mismanagement stemming from corruption, tribalism, Federal Character Policy, and lack of dedication and patriotism by the Nigerian workers; (2) there is inefficiency in the Nigerian national petroleum corporation (NNPC) but, at the same time, the inefficiency is partly because of the government policies, conflicts, interference by high government officials and politicians, and the enormous size of the oil industry; (3) oil revenues are improperly utilized; (4) neither the multinational oil corporations (MNOCs) nor multinational corporations (MNCs) are assisting the oil producing nations (OPNs) or developing countries (DCs) in their economic development, and MNOCs and MNCs are interested in profit maximization; and (5) MNCs do not transfer the type of technology that meets the needs of DCs, and sometimes the technology creates problems for DCs which ultimately results into conflicts between MNCs and DCs. The inverse of these problems has been a sine qua non for success in the IOMMs of the four OPEC member, especially in Saudi Arabia.

• Research Organization: Union for Experimenting Coll. and Univ., Cincinnati, OH (USA)
• OSTI ID: 5967808
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
294002 -- Energy Planning & Policy-- Petroleum
AFRICA
COMPARATIVE EVALUATIONS
DEVELOPING COUNTRIES
ENERGY SOURCES
FOSSIL FUELS
FUELS
INTERNATIONAL ORGANIZATIONS
MARKETING
MATHEMATICAL MODELS
MULTINATIONAL ENTERPRISES
NIGERIA
OIL-EXPORTING COUNTRIES
OPEC
PETROLEUM
PLANNING
TECHNOLOGY TRANSFER