The effect of electricity supply on Nigeria economy in Oyo state Dissertation

The effect of electricity supply on Nigeria economy in Oyo state - Dissertation Example This study has been made to find the answer to the following questions: How has monopolization in the power sector by the government affected the availability of electricity in the country? Has liberalization led to greater access to electricity at the commercial levels in the state? The Nigerian economy is a developing economy and a major portion of its gross domestic product is a contribution from the small enterprises operating indigenously. For big commercial purposes as well as for small-scale businesses in the modern day scenario electricity is indispensable. There is a unidirectional relationship between electricity consumption of a country and gross domestic product of that country. Nigeria has been plagued with perennial problems of energy crises for almost two decades now; problems are an erratic supply of electrical power is prominent among them. According to the reports published by the government of Nigeria, only 45 percent of the population in the country can consume el ectricity in their daily needs. Among them, a meager 25 percent are rural dwellers. There are vast potential for development in the country for growth in terms of setting up provisions of electricity. The rural states in the country, such as Oyo are yet to have enough access to electricity. This necessitates a study on electricity supply in the states in Nigeria. This study takes Oyo as a representative of the rural areas in the economy to conduct a research on this statement regarding the level of consumption of electricity by the country’s small businesses.... This study has been made to find answer to the following questions: How has monopolization in the power sector by the government affected availability of electricity in the country? Has liberalization led to greater access to electricity at the commercial levels in the state? Therefore the main research question can be stated as â€Å"How has the supply of electricity in Oyo State in Nigeria affected the small businesses in the state?† The study would be conducted following a guideline of certain specific objectives. These objectives would help the researcher concentrate on the aim of conducting the research thereby helping her to complete the research successfully. The research objectives are as mentioned below: To study the level of electricity supply in the rural areas in Nigeria To understand the extent to which commercial and industrial activities in these areas are dependent on electric power To study how modern policy changes have affected power supply in the rural area s in the country Project approach This section of this project is dedicated to present a summarized project plan. The aim of this project is to study a serious issue that has far reaching effects in the social, political and economic spheres in the country. However, this research work is constrained by several factors, such as time and resources, and therefore devising an appropriate project plan is very much necessary (Blackwell, n.d.). This plan sets the context of the research, the design of research and the methodology to be followed (Bangor University, 2013). The project plan is made taking into consideration the theme of the project and the competence of the researcher who is going to execute the relevant activities that the study would