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ACHIEVEMENTS OF NIGERIA AS A MEMBER OF OPEC — Economics Keypoint

ACHIEVEMENTS OF NIGERIA AS A MEMBER OF OPEC

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Nigeria as a member of the organization of petroleum exporting countries has recorded gainful achievements in the following ways

  1. Enhancement of her bargaining power.
  2. Improvement on her shares of experiences of other members on petroleum production
  3. Enhancement of her free access to valuable information pertaining to refining, management, marketing and distribution of petroleum products
  4. Enhancement of a steady income through OPEC’S oil price stabilization.
  5. Enabled the Nigerian petroleum product prices to be increased.
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  3. OBJECTIVES OF OPEC
  4. PROBLEMS OF OPEC
  5.  ROLE OF GOVERNMENT AGENCIES IN PRODUCT DISTRIBUTION IN NIGERIA
  6. INDIGENIZATION POLICY IN NIGERIA
  7. NIGERIA DEVELOPMENT PLANNING EXPERIENCE

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