AUTHOR: NNADI, CHUKWUDI J. (MSc)
DEPARTMENT: Project Management Technology
SCHOOL: School of Management Technology (SMAT)
AFFILIATION: Federal University of Technology Owerri
Generally, failure in any system brings about production bottleneck, economic down-turn, hazards and other undesirable elements in Nigeria oil sector, especially oil refineries which are performing badly, leading to serious setback in the nation’s economy. This study, therefore, investigated the reasons for the failure. It also sought to understand the major areas in turnaround maintenance that could help in smooth running of the refineries. The study was executed through the review of related literature, interview and questionnaire administered to the workers of the oil industry. Data gathered were analyzed using frequencies and multiple regressions. The findings of the study revealed an enormous level of corruption and lack of knowledge of those operating in the oil industry. In view of the findings, recommendations were made with a view to improving the workability of the refineries. These recommendations include; building small refineries, contract scheme approach and transparent privatization.
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