Andrew Osaigbovo Omosefe

This study comparatively explores the Federal Government Policy on Privatization and Commercialization in Nigeria: Benin Electricity. Four well-structured research questions were formulated and twelve questions were administered to the respondent to collect response from them, the population of the study include staff of the Benin Electricity Distribution Company (BEDC). To conduct the study, a total of 80 respondents were drawn. The respondents were chosen using the simple random sampling techniques. Findings shows that privatization of public enterprises will enhance efficiency and effectiveness, thereby leading to higher productivity in the public sector. Thus, it was recommended that the programme has to be properly implemented with greater and sustained political will and commitment and also privatization and commercialization programme will only be successful if it is executed with all sense of transparency, honesty, fair play, accountability and a high degree of professionalism.