Abstract: Up to early 1980s in Nigeria, like most developing countries Public Enterprises (PEs) were used for resource mobilization and allocation for many decades. From the 1980s a combination of factors forced government to review their dependence on PEs. These included their inability to perform their expected roles which resulted in huge financial losses, therefore putting a pot of stress on public finances. The government perceived commercialization and privatization as the solution to this problem. One of these government financed enterprise which has steadily declined is the agricultural sub sector. The decline in the agricultural sub sector affected the extension services which used to be effective in the carrying of innovation to farmers to improve their level of agricultural production. There is urgent need to stem this dangerous tide. As a result of this problem this study sought the opinion of farmers in oshimili south and north Local Government Areas (LGA) of Delta State to enable the government determine the best option to adopt to better extension services to farmers. A total of 120 farmers were sampled randomly from each of the 10 wards that make up each of the Local Government Area (LGA). The study showed that the mean age of farmers was 46 years, 97% were married with an average of five children. As regards extension agent contact 60% have had contact but are not being visited. About 83% of farmers got inputs, 49.8% paid for the inputs while 33.2% did not pay. Most of the farmers (80%) are willing to pay for inputs but 90.6% are unwilling to pay for extension service. They are also not in support of privatization of extension services (70%). From the result of the study it is not advisable to privatize or commercialize extension services now since the farmers cannot pay for the services because of their very poor income.