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Scirj Volume VIII, Issue III, March 2020 Edition ISSN: 2201-2796 Beneficial Assessment of Water Pricing for Community Water Supply in Nigeria N.S.M. Ogbonna, H.U. Nwoke, N.L. Nwakwasi & B.U. Dike Abstract: Water supply has been a major challenge in most developing nations. Access to potable water in most Nigerian communities has posed a critical concern for both industrial and domestic efforts. Government water schemes have been inadequate and inefficient as well as unsustainable, which has led to the teeming population in the communities resorting heavily to other means of water supply, especially commercial boreholes. The pricing mechanism for these alternative water utilities has been largely unregulated leading to randomly fixed water prices. The objective was to devise an appropriate pricing model for community water supply which would be harmonized, engender water resource conservation and also achieve both social welfare and economic welfare maximizations. A survey was conducted, employing offline questionnaires. Reference this Paper: Beneficial Assessment of Water Pricing for Community Water Supply in Nigeria by N.S.M. Ogbonna, H.U. Nwoke, N.L. Nwakwasi & B.U. Dike published at: "Scientific Research Journal (Scirj), Volume VIII, Issue III, March 2020 Edition, Page 40-48 ". Search Terms: Community; Pricing; model; Water Supply; Welfare maximization [Read Research Paper] [Full Screen] |
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