Privatization of Nigeria’spower Sector from the Perspectives of the General Agreement on Trade in Services (GATS)
Journal Title: IOSR Journal of Humanities and Social Science - Year 2018, Vol 23, Issue 1
Abstract
The main objective of privatization of the Nigeria‟s power sector was to attract private investment and higher efficiency in service delivery. The hope was that the entry of investors into the sector would improve power generation and distribution across the country. More than three years after privatization, the sector now faces a major setback as liquidity, manpower and other challenges have continued to haunt the sector. Improvement in power supply chain has become almost impossible. Majority of the Nigerian population do not have access to electricity grid and self-generation is estimated to be at least twice as expensive as the cost of generation. Stakeholders are worried that if nothing is done to remedy the situation, the system may not witness any major growth in years to come.
Authors and Affiliations
Umar Abubakar Dubagari
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