Research
Analysis of Crude Oil Prodction in Nigeria by Servicing Companies
The petroleum industry in Nigeria has brought unprecedented changes to the Nigerian economy, particularly in the past five decades when it replaced agriculture as the cornerstone of the Nigeria economy. The oil industry has risen to the commanding heights of the Nigerian economy, contributing the lion share to gross domestic product and accounting for the bulk of federal government revenue and foreign exchange earnings since early 1970. However, Nigeria’s considerable endowment in fossil fuel has not translated into an enviable economic performance; rather, the nation’s mono-cultural has assumed a precarious dimension in the past decades susceptible to the vagaries of the international oil markets. Empirical analysis was conducted by applying the Multiple Linear Regression of the Ordinary least square techniques, the joint distribution of independent variable contribute to the success of the total production prob(F. Statistic) = 0.00122 which is less than 0.05 thereby establishing the significance of the independent variable. Conclusively, the Servicing Company relationship is not the same, also from estimated regression line only x2(Joint Ventures AF/CARRY and x5(Sole Risk Independent Companies) has the highest coefficient which implies that they have greater contribution to the total production.
Investigating the Quality Performance of Production of Some Selected Drinks using Hotelling T-Square and Control Chart
Consumers make complaint about the state of home-made goods, in fact many claim that foreign goods are of high quality compared to home-made goods. We discovered that many of our indigenous industries are no more in existence and so this brought the desire to carry out this research work so as to find out whether products from our indigenous brewery industry fall within the lay-down acceptable standard that is devoid of the consumers’ complaint
