THE POLICY OF PRIVATIZATION AND COMMERCIALIZATION OF PUBLIC ENTERPRISES IN NIGERIA: AN APPRAISAL OF TELECOMMUNICATION

THE POLICY OF PRIVATIZATION AND COMMERCIALIZATION OF PUBLIC ENTERPRISES IN NIGERIA: AN APPRAISAL OF TELECOMMUNICATION

Abstract

It is because of social issues like economic inequalities, unemployment that made the state to interfere in economy of Nigeria. Government chose public sector as a means or medium for economic and social development due to poor managerial skill, weak technological base etc, this enhanced the zeal to establish various enterprise institutions in Nigeria. Then, due to inadequate capital and lack of finance, public enterprises in Nigeria are confronted with many problems by the employees, managers and political interference in affairs of public enterprises. The project title is the policy of privatization and commercialization of public enterprises in Nigeria: An appraisal of telecommunication. The problems are; is political interference and mismanagement of resources responsible for the poor performance of public enterprises in Nigeria? Could policy of privatization and commercialization enhance the efficiency of public enterprises? Structural-functional theory is used as suitable framework of analysis for the policy of privatization and commercialization of public enterprises in Nigeria. The researcher reviewed some relevant textbooks, also used the secondly method of data collection. He found out that privatization is seen as means to harness economy or as measure to increase efficiency of the public sector or organization. Also, the privatization and commercialization has improved the potential, the efficiency and service delivery in Nigeria by making telecommunication easily accessible and affordable. These are the recommendations; as the privatization is in the hands of few individuals government should ensure that before granting the license or opportunity, they should examine and select the competent people who will handle private enterprises and not people of questionable character. The only thing left is for government to hands – off from those enterprises as advocated in the current or present privatization and commercialization exercises.

Table of Contents

Chapter One: General Introduction

1.1     Background of the Study

1.2     Statement of Problem

1.3     Objective of the Study

1.4     Significance of the Study

1.5     Literature Review

1.6     Theoretical Framework

1.7     Hypothesis

1.8     Method of Data Collection/Analysis

1.9     Scope of the Study

1.10   Definition of the Concepts

References

Chapter Two: Origin of Public Enterprises in Nigeria

2.1     Origin and Development of Public Enterprises in Nigeria

2.2     Justification for Public Enterprises

2.3     Financing and Control of Public Enterprises in Nigeria

2.4     Problems of Public Enterprises in Nigeria

References

Chapter Three: Policy of Privatization in Nigeria

3.1     History and Development of Public Enterprises in Nigeria

3.2     Objectives and Forms of Privatization

3.3     Necessary Conditions for Success of Privatization

3.4     Process of Commercialization in Nigeria

References

Chapter Four: An Appraisal of Telecommunication

4.1     History of Telecommunication in Nigeria

4.2     Policy Objectives

4.3     The Structure of Nigeria’s Telecommunication Sector

4.4     Privatization and Commercialization of

Telecommunication in Nigeria

References

Chapter Five: Summary, Conclusion and Recommendations

5.1     Summary

5.2     Conclusion

5.3     Recommendations

References

Bibliography

Chapter One: General Introduction

1.1    Background of the Study

The importance for the establishment of public enterprises or corporations was felt in 19^thCentury and there after. There were a lot of upheavals in European society because of industrialization and urbanization. Social issues like unemployment and economic inequalities necessitated state intervention in economies. Britain is widely referred to as the father of public enterprises.