The policy of privatization and commercialization of public enterprises in Nigeria – an appraisal of telecommunication

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Abstract

This project looks at The policy of privatization and commercialization of public enterprises in Nigeria – an appraisal of telecommunication. It is because of social issues like economic inequalities, unemployment that made the state to interfere in the economy of Nigeria. The government chose the 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, managers and political interference in affairs of public enterprises. The project title is the policy of privatization and commercialization of public enterprises in Nigeria: An appraisal of telecommunication. The problems are is political interference 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 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 second method of data collection. He found out that privatization is seen as a means to harness economy or as  ameasure to increase efficiency of the public sector or organization. Also, the privatization and commercialization have improved the potential, the efficiency and service delivery in Nigeria by making telecommunication easily accessible and affordable. These are the recommendations as the privatization is in the hands of few individuals government should ensure that before granting the license or opportunity, they should examine 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.
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The policy of privatization and commercialization of public enterprises in Nigeria - an appraisal of telecommunication

3,000.003,200.00 (-6%)

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