Theoretical and Empirical Issues in Privatisation: A Comparative Study of the British and Nigerian Experience

Odukoya, A.

doi:10.1080/09718923.2007.11978397

Cited by 6 publications

(3 citation statements)

References 8 publications

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“…The visible “rents” which arose in the course of economic liberation (privatisation, interest and money market deregulation) have continued to shape the economic policies of Nigeria. As Odukoya (2007) observes:…”

Section: Nigerian Socio-political Economic Contextmentioning

confidence: 99%

Corruption and socio-political economic structures: a case of Nigeria

Otusanya

Lauwo

2019

JFC

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Purpose “Corrupt practices” is a recurring feature of media coverage. The paper seeks to encourage debates about the influence of institutional structures on agency to break away from methodological individualism. This paper aims to encourage reflections on the role of both the structures and actors which have shaped the continuous expansion of corrupt practices in Nigeria. Design/methodology/approach Whilst recognising that deviant behaviour by some individuals is always possible, this paper has rejected methodological individualism and shows the value of locating anti-social practices within the broader socio-political and historical context. Within a socio-political framework, this study adopts the theories of critical realism, developmental state and globalisation to understand the relationship between social agency and society, focusing upon the institutional structures and the role of social actors. Findings The evidence shows that socio-political and economic development, politics, power, history and globalisation have continued to reproduce and transform the institutional structures and actors which have facilitated anti-social practices in Nigeria. The paper concludes that large sums of government revenue have been undermined by the anti-social practices of the Nigerian political and economic elite (both local and international), which have enriched a few, but impoverished most, Nigerians. Practical implications As a consequence of recurring corrupt practices in Nigeria, there is a pressing need for reform to curb these practices which have had, and continue to have, a serious effect on Nigeria and its future development. Originality/value It provides a framework for understanding and explaining the inter-relations of actors and institutional structures and the linkages and influences that have shaped the practices in Nigeria.

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Section: Nigerian Socio-political Economic Contextmentioning

confidence: 99%

Corruption and socio-political economic structures: a case of Nigeria

Otusanya

Lauwo

2019

JFC

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“…But, it appears this fell short of customers' expectations making it to undergo a review of its management, especially ownership and control. Thus, in 1999, NEPA was not only slated for privatization (Adelaja, 2007), but also Power Sector Reform Bill (PSRB) was signed into law intends to enable private sector involvement in power generation, transmission and distribution. Furthermore, the Bill empowered Power Holding Company of Nigeria (PHCN) as successor to NEPA and unbundled it into 18 companies comprising of six generation companies (GENCOs), one transmission company (TCN) and 11 distribution companies (DISCOs) with National Electricity Regulatory Commission (NERC) as regulatory institution (Onagoruwa, 2011).…”

Section: Introductionmentioning

confidence: 99%

Privatization of Power Sector in Nigeria: An Evaluation of Ibadan and Ikeja Electricity Distribution Companies Performance (2005–2018)

Idowu

Ibietan

Olukotun

2019

International Journal of Public Administration

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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.

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“…The Integrated Services Digital Network (ISDN) ensured the availability of services such as electronic mail, video telephone, telefax and many more. NITEL was also able to provide telecommunication services to local governments in the country (Odukoya, 2007).…”

Section: Backgrounds To the Deregulation Of The Nigerian Telecommunicmentioning

confidence: 99%

Deregulation of the Nigerian Telecommunication Sector: Interrogating the Nexus Between Imperialism and Development

Chidozie¹,

Odunayo²,

Olutosin³

2015

AJIS

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Theoretical and Empirical Issues in Privatisation: A Comparative Study of the British and Nigerian Experience

Cited by 6 publications

References 8 publications

Corruption and socio-political economic structures: a case of Nigeria

Corruption and socio-political economic structures: a case of Nigeria

Privatization of Power Sector in Nigeria: An Evaluation of Ibadan and Ikeja Electricity Distribution Companies Performance (2005–2018)

Deregulation of the Nigerian Telecommunication Sector: Interrogating the Nexus Between Imperialism and Development

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