ABSTRACT
The topic for this project is A financial Aprraisal of the operational performance of privatized Nigeria company. The research study is done in order to get possible solution or recommendation to the problem of the company and to make the staff to be efficient and effective.
Privatization can be defined basically as the process of transferring the ownership of a public enterprise to the private sector. The method adopted in this paper work was purely primary sources i.e from the field an secondary sources i.e magazine, journal e.t.c. The ratio shall be used as a benchmark for evaluating the performance of the company while the data can be analyzed into two and these are pre-privatization and post privatization.
In this respect, my aspiration to go into this research work is the modern techniques of finance mobilization, privatization has grown to attain much popularly as it is how being embraced by many developed countries and developing countries.
TABLE OF CONTENT
TITLE PAGE PAGES
CERTIFICATION I
DEDICATION II
ACKNOWLEDGEMENT III
ABSTRACT V
TABLE OF CONTENT VI
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY 1
1.2 STATEMENT OF THE PROBLEM 4
1.3 SIGNIFICANCE OF THE STUDY 7
1.4 AIMS AND OBJECTIVES OF THE STUDY 7
1.5 SCOPE AND LIMITATION OF THE STUDY 8
1.6 RESEARCH METHODOLOGY 9
1.7 ORGANIZATION OF THE STUDY 10
CHAPTER TWO
LITERATURE REVIEW AND THEORETICAL FRAMEWORK
2.1 LITERATURE REVIEW 12
2.1.1 MEANING OF PRIVATIZATION 13
2.2 PRIVATIZATION IN NIGERIA 16
2.3 THE PRIVATIZATION PROGRAMME 18
2.4 PRIVATIZATION AND LIBERALIZATION 20
2.5 HISTORICAL BACKGROUND AND REGULATORY FRAMEWORK OF PRIVATIZATION IN NIGERIA 24
2.6 THE PRIVATIZATION PROCESS 25
2.7 ESTABLISHMENT OF AN APPROPRIATE LEGAL AND REGULATORY FRAMEWORK 31
2.7.1 INSTITUTIONAL ARRANGEMENT 31
CHAPTER THREE
RESEARCH METHODOLOGY
3.1 INTRODUCTION 45
3.2 DATA COLLECTION METHOD 45
CHAPTER FOUR
4.0 PRESENTATION ANALYSIS AND INTERPRETATION VIA STATISTICAL AND ALLIED TECHNIQUES 49
4.1 ANALYSIS OF PRE-PRIVATIZATION AND POST PRIVATIZATION OPERATIONAL PERFORMANCE OF SELECTED COMPANIES 50
4.2 ANALYSIS OF RATIO MEAN VALUE 51
4.3.1 TAX FOR THREE COMPANIES 53
4.3.2 POST-PRIVATIZATION AND PRE-PRIVATIZATION MEAN DIVIDED 54
4.3.3 POST-PRIVATIZATION AND PRE-PRIVATIZATION MEAN RETURN ON CAPITAL EMPLOYED 55
4.3.4 POST-PRIVATIZATION AND PRE-PRIVATIZATION MEAN SHAREHOLDER’S FUND GROWTH 56
4.3.5 POST-PRIVATIZATION AND PRE-PRIVATIZATION MEAN EARNINGS PER SHARE 57
4.3.6 POST-PRIVATIZATION AND PRE-PRIVATIZATION MEAN DIVIDEND FOR SHARE AFTER TAX 58
CHAPTER FIVE
SUMMARY CONCLUSION AND RECOMMENDATION
5.1 SUMMARY 59
5.2 CONCLUSION 60
5.3 RECOMMENDATION 62
BIBLIOGRAPHY
