This research work was carriedout to analyze the implications of privatization the unbundled firms of the PHCN. The broad objective of the study was to ascertain the effect of the privatization program on the Nigeria selecting and the economy as a whole. In the course of the study, survey research method was adopted and the researcher formulated a part of hypothesis. A sample size of 150 respondents was used. Primary data were collected from respondents using questionnaires measurement instruments. Collected data were collected from respondents using questionnaires measurement instruments. Collected data were presented on tables and analyzed mathematically using simple, percentages. The chi-square statistical tool was used in testing the hypothesis formulated. Evidence from the research data shows that the power sector privatization will lead to better service delivery, improved productivity and adequate utilization of organization resources in the power sector. It was recommended among other things that for this program to be successful, the NERC should provide practical conditions for eth electric power market to develop a delicate balance between the interest of the privatized companies and the benefits of society.
TABLE OF CONTENTS
Title Page i
Approval Page ii
Dedication iii
Acknowledgmentiv
Abstract v
Table of Contents vi
CHAPTER ONE
Introduction
1.1Background of the Study 1
1.2Statement of the Problem 3
1.3Objectives of the study 4
1.4Research Hypothesis 5
1.5Significance of the study 5
1.6Scope of the Study 5
1.7Research Hypothesis 6
1.8Definition of Terms 5
References
CHAPTER TWO
Literature Review
2.1The Background of Power Holding Company of Nigeria (PHCN)9
2.2The Meaning of Privatization11
2.3Background of Privatization in Nigeria 13
2.4The Implication of Privatization to Nigeria Econom15
2.5The Challenges of the Privatization Program 18
2.6The Rational for Privatization in Nigeria 20
2.7Privatization of PHCN, in Consequences to Nigeria Economy22
2.8The Privatization Strategy of the PHCN27
2.9Opportunities the can come with the Privatization 30
References
CHAPTER THREE:
Research design and methodology
3.1Research Design35
3.2Area of the study 35
3.3Population of the study36
3.4Sample and Sampling Procedure 36
3.5Source of Data37
3.6 Instrument for Data Collection 38
3.6Validity of the Instrument38
3.7Method of Data Presentation and Analyses 39
References
CHAPTER FOUR:
Data presentation and Analysis
4.1Presentation and Analysis of Data40
4.2Test of Hypothesis 48
CHAPTER FIVE:
Discussion of Result, Conclusion and Recommendations
5.1Discussion of Result52
5.2Conclusion 53
5.3Recommendations54
Bibliography
Appendix
ANALYSIS OF THE IMPLICATION OF PRIVATIZATION OF POWER HOLDING COMPANY OF NIGERIA (PHCN)
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