ABSTRACT
This research work intends to find out the fuel subsidy regime and the effect on the Nigeria business unit. The research instrument used was questionnaire with a reliability of 0.76% such high reliability was considered suitable for the study. It is also consistent of two sections to collect demographic data and opinions or responses of respondents. The questions in the research instrument were formulated in accordance to the research questions and were given to 100 respondents of all walks of life in Uvwie Local Government Area of Delta State. Some of the findings are: Fuel subsidy removal might be detrimental to the Nigerian people since it is an essential commodity and one of the determinants of the price system. Fuel subsidy affects the business in Nigeria positively be its removal might be detrimental to the Nigeria business units. Also the following recommendations among others were made: Government should set up adequate palliative, measure so as to cushion the effect of fuel subsidy removal. Also that the subsidy of fuel which is the mainstay of Nigeria economy should not be removal at once but in parts
This research work intends to find out the fuel subsidy regime and the effect on the Nigeria business unit. The research instrument used was questionnaire with a reliability of 0.76% such high reliability was considered suitable for the study. It is also consistent of two sections to collect demographic data and opinions or responses of respondents. The questions in the research instrument were formulated in accordance to the research questions and were given to 100 respondents of all walks of life in Uvwie Local Government Area of Delta State. Some of the findings are: Fuel subsidy removal might be detrimental to the Nigerian people since it is an essential commodity and one of the determinants of the price system. Fuel subsidy affects the business in Nigeria positively be its removal might be detrimental to the Nigeria business units. Also the following recommendations among others were made: Government should set up adequate palliative, measure so as to cushion the effect of fuel subsidy removal. Also that the subsidy of fuel which is the mainstay of Nigeria economy should not be removal at once but in parts
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