LOW PRODUCTIVITY IN OUR PUBLIC ORGANIZATIONS AND ITS EFFECT ON THE ECONOMY

4000.00

LOW PRODUCTIVITY IN OUR PUBLIC ORGANIZATIONS AND ITS EFFECT ON THE ECONOMY

 

ABSTRACT

Over the years, many things have been said about low productivity in public organization. The main purpose of this research is to X-ray the effects of low productivity in public organization. In attempt to make this a reality. SUNRISE FLOUR MILL LTD. EMENE (MACKDAVOUS GROUPS) was also understudied.

The result of the findings by the researchers shows that low productivity is either inadequate or not strictly implemented. This problem of implementation is occasional mostly by the government interference. It was also discovered that incompetent personnel were employed at management level.

For further findings and also based on the above problems, I sincerely recommend as follows:

The government should allow a free hand to the management of public organizations.

The government will give enough grants to enable the management personnel to attend workshops, seminars, conferences, etc to enrich their managerial acumen.

CHAPTER ONE

1.0         INTRODUCTION

1.1       BACKGROUND OF THE SUBJECT MATTER

The term low productivity refers to the inability of our public organization to produce up to installed capacity. It is when the organization produces up to installed capacity or something nearer that one can say that such organization is doing well.

Nigeria is blessed with fiscal and human resources necessary for industrial development and buoyant economy. It has a large and expanding consumption market as well as an emerging and aggressive group capable of exploiting opportunities in both domestic and foreign market.

The growth of the manufacturing sectors was rapid in the early sixties and seventies. For instance the growth was 11% between 1962 and 1966 and 10% between 1970 and 1973. it share of grass national product however increased by only 2.15% between 1962 and 1972 partly because of the predominance of the mining and oil sector.

Nigeria the 6th world producers of oil and the first in Africa still import fuel from other countries. An average Nigerian is now used to the crises. In crisis is no longer news in our country and still we have four refineries.

This seemingly unstoppable low productivity in our public organization have had an adverse effect in our national economy, for instance we are the greatest producer in Africa. This scarce foreign reserve is what we could have used in importing other goods that are scarce here in our country.

The low productivity in our public organization have made our development plans to returned up side down and had equally put our economy in a doldrums.

A country richness is measured by the amount it has in its foreign reserve, our economy have been stagnant for sometime now partly because of our wasteful nature.

We establish organization without first of all planning very well, so that we would have taken all constraints that will militant against full production. E.g. Raw material into consideration.

1.2         PROBLEMS ASSOCIATED WITH THE SUBJECT MATTER

Low productivity in our public organization dominates discussion in many circles in Nigeria today.

Public organizations have continued to witness increase low productivity in recent time. It was reported by Nigeria economic society and manufacturers association of Nigeria that public organizations lost between N5-N10 billion naira between 1985-1990.

In 1994 about N460.3 million was lost by public organization due to low productivity while 1995 with easel the loss of about 502.8 million by these organization due to the same problem showing an increase of about N42.3 million. While these organization are busy working out means of increasing to productivity, the problems continue to increase unable it will be pointed out here that the results or implications of these are damaging. Low productivity leads to unnecessary lost of huge amount of money. These losses of money by these organizations cripple the economy of the nation. Again every incidence of low productivity reduces public confidence on public organization.

 

LOW PRODUCTIVITY IN OUR PUBLIC ORGANIZATIONS AND ITS EFFECT ON THE ECONOMY