The focus of this study was on the impact of privatization and commercialization on the economy of Nigeria: with power sector as the Case Study. Its aim was to determine the extent to which the privatization and commercialization programme have had a positive impact on the operations of NEPA. Ex-post facto research design was adopted for this study. Data gathered were analyzed and tested using the chi-square statistical method. The results show that the productivity of these parastatals has greatly improved since the implementation of the Privatization and Commercialization programmes. The study consequently recommended for effective implementation these programmes and making sure that only trained and skilled personnels handle appropriate posts.
Keywords: Privatization, commercialization, economy, development, equity, GDP.
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