Crude Oil Importation and Exportation in Nigeria: An Exploratory and Comparative Study
Nigeria is an oil producing country and crude oil is an important asset to its economy. This research focuses on the analysis of importation and exportation of crude oil products (measured in million barrels). Comparisons between the total importation and exportation were made and descriptive analysis was performed on the crude oil components. Poisson regression was used to establish the relationship between total importation and the importation of the petroleum products under consideration. The results show that Nigeria makes more importation than exportation of these products.
Keywords:crude oil, exploratory data analysis, exportation, importation, Nigeria
Finelib.com, Crude Oil Mineral Resources in Nigeria and the States deposits, available at: https://www.finelib.com/about/nigeria-natural-resources/crude-oil-mineral-resources-in-nigeria-and-the-states-deposits/
T. A. Adedosu, O. O. Sonibare, “Characterization of Niger Delta Crude Oil by Infrared Spectroscopy”, Journal of Applied Sciences, Vol. 5, pp. 906-909, 2005 DOI: https://doi.org/10.3923/jas.2005.906.909
A. E. Ite, U. J. Ibok, M. U. Ite, S. W. Peters, “Petroleum Exploration and Production: Past and Present Environmental Issues in the Nigeria’s Niger Delta”, American Journal of Environmental Protection, Vo. 1, No. 4, pp. 78-90, 2013 DOI: https://doi.org/10.12691/env-1-4-2
A. A. Akinlo, “How important is Oil in Nigeria’s Economic Growth?”, Journal of Sustainable Development, Vol. 5, No. 4, pp. 165-179, 2012 DOI: https://doi.org/10.5539/jsd.v5n4p165
OpenData for The National Bureau of Statistics, Nigeria Crude Oil and Petroleum Products Import and Export 1986-2010, available at: http://nso.nigeria.opendataforafrica.org/hcqhlcf/nigeria-crude-oil-and-pet
P. E. Oguntunde, A. O. Adebowale, H. I. Okagbue, “Breast cancer patients in Nigeria: data exploration approach”, Data in Brief, Vol. 15, pp. 47-57, 2017 DOI: https://doi.org/10.1016/j.dib.2017.08.038
P. E. Oguntunde, O. A. Adejumo, O. A. Odetunmibi, H. I. Okagbue, A. O. Adejumo, “Data analysis on physical and mechanical properties of cassava pellets”, Data in Brief, Vol. 16 , pp. 286-302, 2018 DOI: https://doi.org/10.1016/j.dib.2017.11.044
P. E. Oguntunde, H. I. Okagbue, P. I. Adamu, O. A. Oguntunde, S. J. Oluwatunde, A. A. Opanuga, “Statistical analysis of bank deposits dataset”, Data in Brief, Vol. 18, pp. 864-872, 2018 DOI: https://doi.org/10.1016/j.dib.2018.03.096
How to Cite
MetricsAbstract Views: 378
PDF Downloads: 180
Authors who publish with this journal agree to the following terms:
- Authors retain the copyright and grant the journal the right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) after its publication in ETASR with an acknowledgement of its initial publication in this journal.