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- W2894654320 abstract "The idea to restructure the Nigerian economy, arising from the fall incrude oil prices, started in the early 1980s when the Shehu Shagariledfederal government introduced Austerity measures. However the' ' intro~uct~on of s.A~_ PY Ibrahim Babangida ad!flin,istration . w~s,accompanied with conditionalities by the World Bank to bail thecountry out of the financial crises and privatization was a keycomponent of the economic liberalization. So, from one governmentto the other the issue remained unresolved until General Babangida'sadministration promulgated the Technical Committee onPrivatization and Commercialization (TCPC) in 1988 that actuallybrought the matter to the front burner. Ten years later, the governmentof General Abdusalami Abubakar promulgated the PublicEnterprises (Privatization and Commercialization) Decree of 1999which listed NEPA now changed to PHCN for privatization. Theprivatization of PHCN was consummated on 1'1 November, 2013when President Goodluck Jonathan handed over the subsidiarycompanies that made up PHCN to the new core investors. The paper examines the effects of this privatization ofNEPA. It employed thetheory of Liberalism to in the analysis and argued that thegovernment carried out the process honestly, even though there werefew instances where some principles of Liberalism were flouted.Based on this, the paper made some recommendations." @default.
- W2894654320 created "2018-10-12" @default.
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- W2894654320 date "2017-01-01" @default.
- W2894654320 modified "2023-09-24" @default.
- W2894654320 title "Privatization of the National Electric Power Authority (NEPA)and the Reform of the Electricity Sector in Nigeria" @default.
- W2894654320 hasPublicationYear "2017" @default.
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