This study examines the impact of oil price shocks and their transmission channels to selected macroeconomic variables which serve as proxies for economic activities in Nigeria using quarterly data from 1980Q1 to 2011Q4. Empirical analysis was carried out using VAR framework. Further the Impulse...

Nigeria, like other oil exporting countries in the world has embarked on the policy of gradual removal of fuel subsidies since 1970s. However, this issue has become highly contentious in recent time due to the incessant nature and the effects on the economy. To this end the paper examine the...

The paper studies the benefit incidence of fuel subsidies in Nigeria household sector. Combining annual subsidy estimates with the households' expenditure data from the 2009/10 Harmonized Living Standard Survey, we investigate how the benefits from fuel subsidies are accrued to each income...

The paper studies the benefit incidence of fuel subsidies in Nigeria household sector. Combining annual subsidy estimates with the households' expenditure data from the 2009/10 Harmonized Living Standard Survey, we investigate how the benefits from fuel subsidies are accrued to each income...