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.
Debureaucratization A complex set of reforms in the public sector, bringing changes especially to the ownership and management of public enterprises. Power The source of electrical energy used for socioeconomic development.
Foreign direct investment (FDI) is an integral and indispensable source of foreign capital for both the developed and developing countries aside its catalytic economic growth accompanying it. Hence, the competition to court more to maximizing its positives by countries is intensified in the contemporary world and eclectic theory offers significant insights on the tripartite and interrelated platforms of ownership, location, and internalization advantages to the appropriation of FDI to an economy. Therefore, this article main objective is to examine Nigeria’s experience in this regard. The case study research method is adopted to carry out a contextual assessment of Nigeria’s FDI position within the eclectic theory framework using secondary data sources. The findings reveal that Nigeria’s location advantages are not too conducive for FDI attraction and optimum exploitation of the internalization advantages by firms which consequently deprived the country of its benefits of export-driven economy objective and employment generation amongst others. The study recommends diversification of her economy and recalibration of the country’s political, economic and policy environment to enable positive predictability, FDI attraction, and its inherent returns appropriation.
The impasse between the Academic Staff Union of Universities (ASUU) and the governments in Nigeria (state and federal) manifested in a repeated ASUU strikes, having implications on students and society in the contemporary changing world. Hence the study examines the adverse impacts of the strikes on university students and the society that embodies the stakeholders. The study discovered that the strikes are orchestrated largely by the union quest to protect its members’ welfare and swift greeting of any perceived unfriendly steps by the government with strike actions while the government fell short in funding and entrenching a right legal milieu for negotiation and regulation of ASUU. With the secondary sourced data from journals, newspapers, journals, books and the internet while underpinning the research with the social contract theory, the study concludes that the public university students are exposed and tempted to indulge in social vices, have a sense of being disadvantaged unlike their private colleagues, and the society developmental agenda is threatened because of the poor quality of graduates produced from the Ivory Tower. It recommends that government and ASUU should renegotiate their agreements while the former should also ramp up the budgetary funding allocation to the University amongst others.
Nigeria electricity sector reform was perceived as essential due to its undesirable state, consequently, it was embraced by the populace with a high expectation that it would mark the end of epileptic electricity supply. However, the low level of generating capacity and sanctity of the privatization process alongside the poor quality of distribution companies post-privatisation power supply make one worrisome about the efficacy of the reform. This article, therefore, evaluate germane issues hampering the delivery of positive deliverable especially, that of stable power supply and smooth operation of the sector. The study explores secondary data sources and system theory as the underpinning framework. It found out that capital investment, technical losses, national grid system, enabling environment, high debt profile and politicization of the power sector, amongst others, are challenges besetting the actualization of the reform objectives. Hence, to overcome these problems, the work recommends a holistic liberalization of the sector, proactive regulatory agency, metering of customers and sound economic management to reduce the poverty levels of citizens amongst others.
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