ABSTRACT
The privatization and commercialization of Nigerian enterprises today, faces a
lot of challenges in tackling the menaces of corruption and mismanagement of
public funds. 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 enterprises institution 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 the affairs of public enterprises. This study concluded by saying
that the effect of privatization and commercialization on the Nigerian economy
can only take effective progress when the enterprises are wholly or partially in
some cases handled and controlled by the private owner whom will not relent in
the optimization of profitable enterprises.
TABLE OF CONTENTS
Title page
Approval page
Dedication
Acknowledgement
Abstract
List of tables
Chapter one:
Introduction
1.1 Background of the study 1
1.2 Statement of the problem 3
1.3 Objectives of the study 4
1.4 Statement of hypothesis 5
1.5 Significant of the study 5
1.6 Scope and limitation of the study 6
1.7 Definition of terms 7
Chapter two
Literature review
2.1 Theoretical framework 8
2.2 Reason for the establishment of the public enterprises in Nigeria 11
2.3 Rational for privatization and commercialization in Nigeria 13
2.4 Privatization and commercialization programme in Nigeria 15
2.5 Technical committee on privatization Act of (1988) (TCPC) 16
2.6 Bureau for public Enterprises Act of 1993 17
2.7 Public enterprises privatization and commercialization Act of 1999 18
2.8 Politics of privatization and commercialization in Nigeria 19
2.9 Privatization and commercialization exercises (1999-2010) 20
2.10 Empirical literature reviews 22
Chapter three
3.1 Research methodology 26
3.2 Model specification 27
3.3 Method of evaluation 27
3.4 Justification of the model 28
3.5 Research Approach 28
Chapter four
PRESENTATION AND ANALYSIS OF RESULT
4.1 Presentation and interpretation of results 30
4.2 Economic apriori criteria 32
4.3 Statistical criteria (first order test) 33
4.4 Econometric criteria 36
Chapter five
SUMMARY CONCLUSION AND RECOMMENDATIONS
5.1 Summaries of findings 42
5.2 Conclusions 43
5.3 Recommendations 44
