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Crude Oil Price Fluctuations and Sectorial Returns in Nigeria

Obi, C.P, Nwansi, G.U and Osuala, A.E

Abstract

The study investigated the impact of crude oil price fluctuations on selected economic sectors in Nigeria from 1986 to 2021. The data for the study, sourced from the Central Bank of Nigeria statistical Bulletin of various volumes, was analysed using Autoregressive Distributed Lag

References

Adedipe, B. (2004). The impact of oil on Nigeria’s economic policy formulation. [Online]. Available from: http://www.odi.org.uk/events/2004/06/16/32-background-paper- sunday-abiodun-adedipe-impact-oilnigerias-economic-policy-formulation.pdf Agbede, M. O. (2013). The growth implications of oil price shocks in Nigeria. Journal of emerging trends economic management science. Vol. 4(3): 343-349.

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