The purpose of this study is to determine the effect of electricity insecurity on the performance of small scale businesses in the Akoko area of Ondo State, Nigeria. A descriptive research design was utilized for the study. Multiple regression technique was used to establish the relationship among the study variables. The results from the analysis revealed that capacity of electricity supply, duration of electricity supply and reliability of electricity supply had significant positive relationship with the performance of small businesses. However, results from the study could not establish a relationship between cost of electricity supply, quality of electricity supply and the performance of small businesses. The study concluded that it is essential to have stable electricity supply to promote the growth of small businesses in Nigeria. The study recommended that efforts should be made by the relevant electricity distribution company to increase the capacity of energy supplied to small businesses.
The study examined the productivity in the electricity industry in Nigeria. The aim of the study was to ascertain the determinants of productivity in the electricity sector. The research design adopted for the study was a longitudinal study of productivity in the electricity industry in Nigeria. The study considered time series data for a 20 year period from 1996 to 2015. Data on study variables were obtained from Central Bank of Nigeria (CBN) statistical bulletins, National Bureau of Statistics (NBS) annual publications, and the websites of both Transparency International (TI) and Energy Information Administration (EIA). Based on the study objectives, the fully modified ordinary least square (FM-OLS) technique was used to estimate the multiple regressions between productivity and the explanatory variables. Data analyses were carried out using the software application of E- View 9.0. Results from the study showed that the total factor productivity which is an indication of efficiency in the electricity sector was 0.29. This is low when compared with international best practice of 0.80. Also, results from the study revealed that funding, weather condition, vandalism and labour supply have significant effect on productivity of the electricity industry in Nigeria. However, tariff structure and corruption were not statistically significant in the prediction of productivity in the electricity industry. The study recommended that increased budgetary allocations should be made available to the electricity industry to provide the needed improvements in the sector.
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