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Privatization of Power Sector in Nigeria: An Evaluation of Ibadan and Ikeja Electricity Distribution Companies Performance (2005–2018)

Idowu, Samuel S. and Ibietan, Jide and Olukotun, A. (2020) Privatization of Power Sector in Nigeria: An Evaluation of Ibadan and Ikeja Electricity Distribution Companies Performance (2005–2018). INTERNATIONAL JOURNAL OF PUBLIC ADMINISTRATION, 43 (16). pp. 1413-1420.

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Abstract

The challenge of stable electricity supply in Nigeria with its harrowing effects on socio-economic development accounted largely for government decision for privatization of the power sector. However, the extent to which this purpose has been achieved requires investigation, which necessitates this study. Survey research design was adopted, with questionnaire administered on both residential and commercial customers of Ibadan and Ikeja electricity Distribution companies selected as focus for the study. Multiple regression statistics was used for data analysis. The result shows that both distribution companies (DISCOs) have brought no significant improvement to electricity supply going by the quality, billing, coverage, metering, load shedding, and response to customers’ indicators. Thus we recommend that DISCOs should source for fund from the capital market in order engender customer satisfaction, inject fund for replacement or upgrade of dilapidated power equipments, provision of meters, especially, prepaid type while government make the business environment convenient for healthy competition and regulation.

Item Type: Article
Uncontrolled Keywords: Privatization; power sector; distribution companies; performance
Subjects: H Social Sciences > H Social Sciences (General)
J Political Science > JA Political science (General)
J Political Science > JZ International relations
Divisions: Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User: Mrs Hannah Akinwumi
Date Deposited: 15 Dec 2020 12:05
Last Modified: 15 Dec 2020 12:05
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/13787

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