Project Abstract

Project Overview

Nigerians cannot withstand the competition in the world market; this is also attributed to low- productivity/efficiency especially in the industries in the public sectors. This is because; most of the product used in Nigeria is manufactured by them. In other countries their level of technology is high so their productivity and efficiency is usually high and as such they do well in international market.
It can now be seen that low-productivity and efficiency is a general issue in Nigeria public sector and also a big problem in Nigeria and it adversely affects the economy. Nigerians are faced with several hardships in the country. Low-productivity and efficiency of our industries is one of the notable causes of this. It makes cost of many products to be high as many people want to buy the few available products.
This study will therefore examine the evaluation productivity and efficiency in the public sector of the Nigerian economy using the Ibadan Electricity Distribution Company.