Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Unisia
Ojohu, Richard
Unknown Affiliation
Religion Humanities Economics, Econometrics & Finance Education Social Sciences

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Does Power Sector Reform Facilitate Informal Economy Development? A Study of Nigeria’s Experience in the Southeast Geopolitical Zone Chukwu, Chukwuemeka Quentin; Ojohu, Richard; Nnamani, Kelechi Elijah
Unisia Vol. 40 No. 1 (2022)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/unisia.vol40.iss1.art9

Abstract

This study examines the efficacy of the power sector reform in enhancing the development of the informal economy in the southeast geopolitical zone of Nigeria. It interrogates explicitly the effect of the unbundling of the electricity sector on job creation and livelihoods of the operators of the informal economy. Utilizing the mixed methods data approach and the Marxist theory of the postcolonial state, this study argues that the power sector reform is part of the grand strategy aimed at expanding capitalist penetration and protecting the economic interests of the advanced capitalist states. This self-serving interest of the capitalist institutions, which the power sector reform intends to protect explains the crisis in the power sector manifesting in poor electricity supply and increased tariffs for electricity consumers. Indeed, these untoward outcomes have negatively affected the development of the informal economy in southeast Nigeria. It, however, recommends a reevaluation of the market-based power sector reform in Nigeria.
Co-Authors Chukwu, Chukwuemeka Quentin Nnamani, Kelechi Elijah