期刊名称:African Journal of Accounting Economics Finance and Banking Research
印刷版ISSN:1933-3404
电子版ISSN:1933-3463
出版年度:2008
卷号:3
期号:3
出版社:Global Business Investments and Publications LLC
摘要:Electricity as a source of energy is vital to the growth and development of any economy. Its significance arises from the impact it has on infrastructure, a range of socio-economic activities and consequently on the country‟s standard of living. This means that transportation, communication, construction, and other facilities depend on electricity to function effectively. Electricity has continued to play a significant role in the development process. In the Nigerian situation the reverse appears to be the case because power outages have continued to affect the country‟s development. Some have argued that privatizing electricity supply through the unbundling of power generation arm of National Electric Power Authority (NEPA) now Power Holding Company of Nigeria (PHCN) will ensure its efficiency. Despite this reform, electricity supply is still rationed to the consumers in ways that are still grossly inadequate. This study shows with empirical evidence that privatizing the power sub-sector in Nigeria will significantly reduce the aggregate demand for electricity in the short-run.
关键词:electricity consumption; privatization; Nigeria.