IMPACT OF PRIVATIZATION AND COMMERCIALIZATION ON ECONOMIC DEVELOPMENT IN NIGERIA A CASE STUDY OF IBADAN ELECTRICITY DISTRIBUTION COMPANY,KWARA STATE
Abstract
ABSTRACT
This study examines the impact of privatization and commercialization on Nigeria's economic development, focusing on the case of the Ibadan Electricity Distribution Company (IBEDC) in Kwara State. Since the adoption of energy sector reforms in 2005, Nigeria has aimed to improve electricity access, reliability, and affordability through privatization of its power sector.
Despite significant efforts, empirical evidence reveals mixed outcomes, with some improvements in revenue collection and urban electrification, but persistent challenges in rural access, service reliability, and affordability. Guided by a comprehensive literature review and theoretical frameworks including Institutional, Dependency, Public Choice, and Modernization theories the research investigates both macro and micro-level effects of privatization.
Employing a cross-sectional, quantitative methodology, data from 150 respondents will be analyzed to assess changes in performance, service delivery, and economic contribution post-privatization.
The findings aim to inform policymakers, stakeholders, and academia on the efficacy of privatization policies and their implications for Nigeria's broader economic development, emphasizing the need for inclusive strategies that address rural electrification and affordability gaps.
Full-Text Access Notice
In accordance with the NERD Policy on promoting peer-reviewed publication, public access to the full text of a project, thesis or dissertation is restricted for three years, allowing the author and supervisors sufficient time to pursue peer-reviewed publication.
During this period, researchers with legitimate academic or research purposes may request authorisation directly from the author to enable NERD to release the indexed full texts of the work using the form below.