Agenda for marketing excellence in the deregulated petroleum down-stream sector Cover Image

Agenda for marketing excellence in the deregulated petroleum down-stream sector
Agenda for marketing excellence in the deregulated petroleum down-stream sector

Author(s): Oluseye Olaleke Ogunnaike, Rowland E.K Worlu
Subject(s): Supranational / Global Economy, Business Economy / Management, Economic policy, Financial Markets, Marketing / Advertising, Corruption - Transparency - Anti-Corruption
Published by: Editura Universităţii »Alexandru Ioan Cuza« din Iaşi
Keywords: Deregulation; Petroleum Down-Stream Sector; Marketing;

Summary/Abstract: Deregulation in the petroleum down-stream sector tends to be treated by the masses. Oftentimes, the fear is that it will fuel the exploitative proclivities of the petroleum marketers and constitute a leeway to corruption by government officials. For example, petroleum products may sell at prohibitive prices, at least in the short run and bureaucrats may exhibit corrupt tendencies in the process. These are genuine fears! However, there is a way out! Thus this paper is based on the imperative that the situation is not as hopeless as it may seem. It offers a marketing blueprint for the implementation of deregulation in the petroleum down-stream sector in such a manner that every stakeholder in the industry will be reasonably satisfied. Thus the marketing model of deregulation reduces conflict situations by taking into account the needs, desires and preferences of all stakeholders. It succeeded in Chile, Thailand etc. why can’t it work in Nigeria?

  • Issue Year: 57/2010
  • Issue No: 1
  • Page Range: 391-398
  • Page Count: 8
  • Language: English