Abstract
This study identified the different public utilities that are Privatised and the types of residential properties in Ibeju-Lekki in Lagos State. The area of study was stratified into high, middle, and low densities in the study area. From the records at Ibeju-Lekki government administrative office, it was further revealed that there were 56, 60, and 40 residential areas respectively on the high, medium, and low densities. Systematic random sampling selection without replacement was employed to select one of every four identified residential areas in each density, gives 14, 15, and 9 residential areas from the high, medium, and low densities respectively. There were 3,411, 1745, and 549 residential buildings in the identified residential areas. Selection of the first building in each area was done randomly while a subsequent unit of the investigation was every 20thbuilding which gave a sample size of 171, 87, and 27 residential buildings in the high, medium, and low densities respectively. One household head was selected in each building randomly. Data collected from household heads include information on the functional public utilities that are Privatised, types of buildings/ properties, the rental value of properties in the area from 2003-2015 among others. The result showed that there were six public utilities that are Privatised in the study area namely waste disposal, water supply, streetlight, road network, telecommunications, and postal service with variation in their functionality index across the densities. Finally, it was revealed that major types of residential properties identified in Ibeju-Lekki axis of Lagos State were tenement, self–contained, bungalow, the block of flats, duplex, detached and semi-detached. The household heads need to be well informed on the need for privatization of public utility to enhance the participation of household heads in the decision-making process.
Highlights
Public utility according to Ariyo and Jerome (2004) referred to basic inputs required for the effective functioning of the economy with the motive to improve the standard of living of https://www.acseusa.org/journal/index.php/aijscmAmerican International Journal of Supply Chain ManagementVol 2, No 1; 2021 citizens
Information gathered from the department that is concerned with valuation at the Ibeju--Lekki Local Government Area office revealed one hundred and fifty-three (153) residential areas of Ibeju-Lekki Axis of Lagos which comprises of high, medium, and low densities when stratified
The classification of the residential area to density is of importance to draw inference on the impact of privatization of public utilities on identified residential areas in the study area for analysis of the research
Summary
Public utility according to Ariyo and Jerome (2004) referred to basic inputs required for the effective functioning of the economy with the motive to improve the standard of living of https://www.acseusa.org/journal/index.php/aijscmAmerican International Journal of Supply Chain ManagementVol 2, No 1; 2021 citizens. Public utility is described as a cord that links people, social institutions, socioeconomic activities, and the natural environment into a coherent relationship (Otegbulu, 2014). Examples of public utilities are water supply, telecommunication services, electric generation, distribution and consumption, waste management, among others. Public utility is traditionally financed by the government, monopolistic in nature, fixed to a particular location, and capital intensive. According to Jacobson and Tarr (1999), public utilities are structures and networks that surround and link urban areas, underpin social and economic activities. Public utilities serve multi-dimensional purposes and enhance improvement in the environment Otegbulu (2010). Utility naturally creates a service at a particular location and distribute it over a network where it's allotted to interested customers for use
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: American International Journal of Supply Chain Management
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
