Research: Privatization Of The Energy Industry: An Examination Of The Nigerian Power Sector

Publisher:

UGSM-Monarch Business School Switzerland

Publication Type:

RESEARCH PROPOSAL

Authors:

  • Mr. Adebayo Fagbemi, M.Sc.

Keywords:

Private-public partnership, corruption, power sector, Nigeria, social justice and equity, development theory

Link:

Privatization Of The Energy Industry: An Examination Of The Nigerian Power Sector For The Period of 2003 Through 2016

Abstract:

Effective private-public partnerships are considered to be very important in resolving universal access to electricity and in the achievement of sustainable energy development (UN-Energy, 2012). Power outages cost Nigeria approximately three percent of its GDP every year and at an optimal power generation of 13,000 MW, Nigeria loses US$80 billion per annum in GDP (ADF, 2013; David-West, 2014). As a result, the power sector was privatized by the Federal Government but has so far yielded negative outcomes (Heddenhausen, 2007). It is believed that the situation can be reversed by the development and implementation of a framework that exploits the strengths of both the private and public sectors in the electricity industry. The contemplated research examines the above through an analysis of theories on corruption, social justice and equity and development. An attempt to construct a new conceptual model or framework that better explains the characteristics of the relationship between private and public sectors in the Nigerian power sector is the ultimate goal of the contemplated research. In particular, the contemplated research will examine these characteristics through a triangulated research approach including: a literature review, content analysis of government policy and electricity supply data, and the interviewing of selected individuals from the industry, government, public administration and the community.

About The Author:

Mr. Adebayo Nathaniel Fagbemi is a D.Phil. in Governance Candidate. He holds a M.Sc. in Political Economy and Development Studies from the University of Abuja. He also holds a B.Sc. in Economics from the University of Maiduguri. He is also a member of the Nigerian Institute of Management. At present, he holds the position of Managing Director of the Nigerian Electricity Liability Management Company.