Vandalistion as a Factors of Socio – Economic Development of Nigeria

Introduction

1.1 Background Of The Study

Nigeria as an independent nation was characterized by good governance and the principle of sustainable management of human and material resources in the 60’s and 70’s, which made up governed to experience. Situation of improved social and economic condition which eras attributed to the affordable cost of energy products such as petroleum and electricity.

However in the energy 80’s and aptill date the services of government that has piloted the affairs of this great nation (Nigeria) even those that has failed to realize that energy products such as petroleum and electricity products are the mainstay the entire citizenry of the country this is evident in the level of mal-administration which ahs been recorded in the energy sector in recent times thereby making the cost of these products to be above the reach of the and users.

Furthermore the masses been avenue of the ugly tend and also considering the abundance which the nation enjoys in this sector decided it embark on vandalization as the solution to their energy problem.

Basically our focus an this research work is power holding company Nigerian Ltd which in all ramification as representing the energy sector.

1.2 Statement Of Problem

The present research work provides the following problems

1. First the problems of bad government or administration that couldn’t manage the energy sector properly.
   Secondly the problems of vandals who are not aware of the hazards that are associated with vandalization.
2. Thirdly the problems of illicitly high cost of energy products.
3. Also the research work present the problems of testable economy due to vandalization
4. Finally the problem of reduced gross domestic products GDP, due to loss of greater percentage the national income to the incidence of vandalization.

1.3 Purpose Or Objective Of The Study

The proposed research undertaken has the following objectives

1. The government on the need to work up to their responsibility of providing affordable and qualitative energy products
2. It is also aimed at enlightening the masses on the dangers that are associated with vandalization
3. The research work has the objective of encouraging the independent marketers and other stakeholder in the energy sector to assist the government in checking the activities of vandals.
4. The research work is medium for establishing the huge amount that is lost annually to vandalization
5. Finally it is designed also to establish the direct relationship that exists between vandalization and socio-economic development of a nation.

1.4 Research Question

During the course of the research work the following:

1. To what extent has incidence of vandalization hindered the socio-economic development of Nigeria?
2. What is the role of the government in putting an-end to cases of vandalization?
3. Who is to blame for vandalization the public or private sector?
4. To what extent does vandalization determines the supply of energy products with reference to price and quantity
5. Are there other means of advancing socio economic development rather then the energy sector?

1.5 Scope Of The Study (Delimitation)

My scope of study no this research work is power holding company Nigeria Ltd Enugu the recent research that has been conducted round the energy sector reveals that the above mentioned organization has experienced high incident rate of vandalization. And as such posses the basic features for the discussion of the research cope.

1.6 The Significance Of The Study

The present research work has the following significance:

1. It will help to reduce cases of vandalization
2. It will help the country to experience accelerated socio economic development
3. It has significance of exposing the risks associated with vandalization, especially possibility of loss of life
4. The research encourages improved public and private partnership to reduce vandalization
5. Finally to promote GDP growth for sustainable economic

1.7 Definition Of Terms

During the course of the research work the following terms were identified and defined appropriately energy vandals vandalization socio economic development mal-administration government policy partnership sector private sector etc.

i. Energy:

This is the driven force that is generated by the consumption or utilization of electricity and petroleum products

ii. Vandals:

These are the individuals that embarks on vandalization of energy installation

iii. Vandalization:

This is the process of destroying our energy installations, which brings about scarcity of the energy products.

iv. Socio economic:

This is the combination of social and economic activities to attain sustainable national growth

v. Development:

This is the meaningful and sustainable progress that is experienced by country

vi. Mal-administration:

This is the situation of improper management of the resources of the nation

vii. Government:

This is the machinery that is established to manage the affairs of a nation

viii. Policy:

This is the decision that is taken by the government in the execution of their plans

ix. Partnership:

This is the relationship between the public and private sector which yields dividend

x. Public sector:

This is the aspect of the nations economy that is managed by the government.

xi. Private sector:

This is the aspect of the economy that is controlled by private individuals