Publications

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2024 School of Engineering and Applied Sciences IAA Journal of Applied Sciences

A Comprehensive Review of the Impact of Perceived Power Sector Instability on Foreign Partnerships in the Nigerian Construction Industry

1Nnadi Ezekiel. O. Ejiofor, 2Justice Okechukwu and 3Nnadi .N. Helen

The study explores the impact of perceived instability in Nigeria's power sector on the construction industry. The emergingeconomy has seen significant growth, attracting foreign investments for infrastructural development. However, persistentchallenges and perceived instability raise concerns about reliability and sustainability. Key factors include power outagesfrequency, power supply adequacy, and regulatory responsiveness. The study also examines the correlation between powersector stability and investment climate, considering factors like project delays, cost overruns, and financing impacts. Thefindings aim to contribute to a better understanding of the dynamics between perceived power sector instability and foreigninvestments in the construction industry and propose policy recommendations to foster a more sustainable and resilientinvestment environment.Keywords: Power Sector, perceived power Instability, Foreign Investment, Construction Industry, InfrastructureDevelopment, Regulatory Framework.