Solving the fuel supply and distribution problem in Nigeria using a 3-node structure model

Thesis: M.B.A., Massachusetts Institute of Technology, Sloan School of Management, 2017.

Bibliographic Details
Main Author: Onyeizu, Chimaeze Chinedu
Other Authors: Henry Birdseye Weil.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2017
Subjects:
Online Access:http://hdl.handle.net/1721.1/111465
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author Onyeizu, Chimaeze Chinedu
author2 Henry Birdseye Weil.
author_facet Henry Birdseye Weil.
Onyeizu, Chimaeze Chinedu
author_sort Onyeizu, Chimaeze Chinedu
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description Thesis: M.B.A., Massachusetts Institute of Technology, Sloan School of Management, 2017.
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spelling mit-1721.1/1114652019-04-12T22:40:36Z Solving the fuel supply and distribution problem in Nigeria using a 3-node structure model Onyeizu, Chimaeze Chinedu Henry Birdseye Weil. Sloan School of Management. Sloan School of Management. Sloan School of Management. Thesis: M.B.A., Massachusetts Institute of Technology, Sloan School of Management, 2017. Page 59 blank. Cataloged from PDF version of thesis. Includes bibliographical references (pages 46-47). Given that Nigeria is the largest producer of crude oil and natural gas in the world, the country struggles to make liquid fuel available to over 188 million consumers in her domestic market. A review of the key challenges impacting liquid fuel supply and distribution efficiency in Nigeria was performed. Also, measures employed by successive governments were reviewed and key reasons why the problem has been persistent despite investments by governments were highlighted in the study. However, a disruptive approach - The 3 node structure model to permanently solve the problem of liquid fuel supply and distribution is proposed in this study. Using system dynamics, factors challenging the Nigerian petroleum downstream industry were stated. Current state system dynamic loops with powerful positive and negative feedback effects to the economy of the country were captured and used as the basis for policy recommendations. More so, system dynamics has been used to show the effectiveness of the proposed 3 node structure model as it offers actionable policy frameworks for the Nigerian Government as well as business case for foreign and local investors interested in pursuing an opportunity in the Nigerian petroleum refining industry. by Onyeizu Chimaeze Chinedu. M.B.A. 2017-09-15T15:35:23Z 2017-09-15T15:35:23Z 2017 2017 Thesis http://hdl.handle.net/1721.1/111465 1003321887 eng MIT theses are protected by copyright. They may be viewed, downloaded, or printed from this source but further reproduction or distribution in any format is prohibited without written permission. http://dspace.mit.edu/handle/1721.1/7582 59 pages application/pdf f-nr--- Massachusetts Institute of Technology
spellingShingle Sloan School of Management.
Onyeizu, Chimaeze Chinedu
Solving the fuel supply and distribution problem in Nigeria using a 3-node structure model
title Solving the fuel supply and distribution problem in Nigeria using a 3-node structure model
title_full Solving the fuel supply and distribution problem in Nigeria using a 3-node structure model
title_fullStr Solving the fuel supply and distribution problem in Nigeria using a 3-node structure model
title_full_unstemmed Solving the fuel supply and distribution problem in Nigeria using a 3-node structure model
title_short Solving the fuel supply and distribution problem in Nigeria using a 3-node structure model
title_sort solving the fuel supply and distribution problem in nigeria using a 3 node structure model
topic Sloan School of Management.
url http://hdl.handle.net/1721.1/111465
work_keys_str_mv AT onyeizuchimaezechinedu solvingthefuelsupplyanddistributionprobleminnigeriausinga3nodestructuremodel