AN APPRAISAL OF PRIVATIZATION IN NIGERIA: A CASE OF THE POWER HOLDING COMPANY OF NIGERIA

Abstract
It is  because of social issues like economic inequalities, unemployment that made sate 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, mangers and political interference in affairs of public enterprises. The project title is an appraisal of  privatization in Nigeria: 

A case of the power holding company of Nigeria. The problems are is political inference 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 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 secondary mulhod of data collection. He found out the privatization is seen as means to harness economy or as measure to increase efficiency of the public section 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 one the recommendations; as the privatization is in the hands of few individuals government should ensure that before granting 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.     

A PROJECT WORK SUBMITTED TO THE DEPARTMENT OF PUBLIC ADMINISTRATION



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