Understanding SOE responses to the energy crisis in Nigeria and South Africa
DOI:
https://doi.org/10.36096/ijbes.v6i4.628Keywords:
SOE’s, NESCO, Eskom, Energy crisis, Responses.Abstract
This aim of this paper is to present an understanding State-Owned Entities (SOE’s) responses to the energy crisis in Nigeria and South Africa. The energy crisis in both Nigeria and South Africa has posed significant challenges, with both countries experiencing severe power shortages that have impacted economic growth and the quality of life. State-Owned Enterprises (SOEs) in the energy sector, such as Nigeria's NESCO and South Africa's Eskom, have traditionally been central to efforts of ensuring energy security. The paper therefore through a qualitative method of research, attempts to reveal the responses of the SOE’s in these states to address the energy crisis. Hence, it concludes that South Africa responded by unbundling Eskom and Nigeria privatising the energy sector. But these mechanisms are yet to solve the energy crisis.
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