THE IMPACT OF PRIVATIZATION OF ELECTRICITY IN BENIN CITY BY BENIN ELECTRICITY DISTRIBUTION COMPANY (BEDC).

ABSTRACT

The study examined the impact of privatization of electricity in Benin City by Benin electricity Distribution Company (BEDC). It employed a sample size of 400 respondents. The random sampling was carried in Egor, Ikpoba-Okha, Oredo and partly in Ovia North-East Local government areas of Benin City. The data that emanated were analyzed both descriptive and inferentially with the SPSS Version 24. The findings are: it was discovered that electricity supply did not improve in Benin City with privatization; Poor welfare scheme of workers affected their productivity; poor billing rating system mainly based on estimated billings; and incompetent technical staff affected electricity

            There is variability in the electricity supply in the quarters of Benin City; and the t-test confirmed that the situation before privatization is better than that after privatization. The following were recommended that a clear policy of privatization should be pursued to clarify some unclear issues; government should have a better grasp on privatization; checks should be instituted to minimize inefficiencies in the supply of electricity.