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The benefit of privatization and commercialization on the Nigeria economy, marketing focus

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Abstract

This research work looks at The benefit of privatization and commercialization on the Nigeria economy, marketing focus. Privatization is a very broad sense may be defined as the transfer of ownership and control right over a firm from the government owned industries to the private sector. Commercialization in the other sense is said to be the withdrawal of government funding from parastatals to enable it to operate commercially to fund its existence of operation. This research work aims to investigate the benefit of privatization and commercialization on the Nigerian economy “Marketing focus”. In recent times, the management of our parastatals has been a subject of debate. This research will look into the inefficient utilization of resources and financial mismanagement of most of the public sector enterprises over the year which resulted in a very weak economic balance sheet, excessive debts incurring, and in most cases negative network. This research work will be grouped into five chapters which shed more light on the benefits of privatization and commercialization on Nigeria’s economy “Marketing Focus”.

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