Privatization Of Public Utilities In Nigeria

This study tries to analyze the effect of the privatization of the electricity sector in Cameroon on the poor drawing from the various literatures on the privatization debate. It addresses government inability to efficiently provide public utilities, due to accountability issues and the absence of competition present in the markets. The effects of privatizing electricity are examine in relation to the changes privatization has had on service quality, changes in price, area of coverage and rate of connectivity and unemployment, as determinants of access of the utility to the poor.These changes are attributed to the profit motive of private firms rather than general welfare and weakness of government regulatory systems to check market abuse.The study suggest pro poor tagetting strategies for private providers and mechanisms to improve public sector efficiency in providing basic utilities like electricity.

Master's Thesis from the year 2015 in the subject Economics - Case Scenarios, grade: 65, Aston University, language: English, abstract: The slow and deteriorating performance of the electricity power sector over the last few decades triggered the Federal Government of Nigeria to embark on a power sector reform program. This study examines the impact of the power sector reform (restructuring and privatization) on the performance of the electricity sector in Nigeria over the past twenty-five (25) years. Relevant electricity indicators are used to access the performance changes in three significant period; pure state-ownership, transition (restructuring and unbundling) and full privatization of the sector. The study also assesses how the effect of the economic environment, regulatory governance and political climate/effectiveness within the period contributes to the improvements in the electricity sector. The results shows that privatization is associated with improvement in the technical efficiency, access to electricity, electricity consumption per capita and an increase in electricity tariff in the sector. Furthermore, the results highlight the significant relationship between regulatory governance and a robust economy on the performance changes observed in the power industry.

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