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An Assessment of the Economic Implications of the Privatization of the Power Sector in Nigeria

An Assessment of the Economic Implications of the Privatization of the Power Sector in Nigeria

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DEDICATION

This research material, titled “An Assessment of the Economic Implications of the Privatization of the Power Sector in Nigeria” is dedicated to God for His boundless grace and guidance. It is also a tribute to all computer enthusiasts whose contributions made my research journey smoother and enriched my documentation process, making the experience truly fulfilling.



ACKNOWLEDGEMENT

I am profoundly grateful to everyone who contributed to the successful completion of this project. I am especially grateful to my Supervisor (Name), the Head of Department (Name), and the Lecturers in the Department of Economics for their invaluable guidance and support. I also acknowledge the contributions of authors and scholars whose works on An Assessment of the Economic Implications of the Privatization of the Power Sector in Nigeria provided essential insights. Special thanks go to my study area (and any funding organizations, if applicable) for their financial assistance. I am equally thankful to stakeholders, including mentors, teachers, and colleagues, for their encouragement and support. Finally, I deeply appreciate my family and friends for their patience and unwavering support throughout this journey. Your contributions have been instrumental in making this research a reality.



ABSTRACT

It is because of social issues like, economic inequalities, unemployment and lack of funds that made the Government of Nigeria to privatized some of their public sector as a means or medium for economic and social development due to poor managerial skill, weak technology base e.t.c 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 affairs of public enterprises. The project title is the economic implication of privatization of the power sector; a case study of power holding company of Nigeria.

The problems are; is political interference and mismanagement resource responsible for the poor performance of public enterprise in Nigeria? What will be the economic implication of the privatization of power sector? System theory is used as suitable framework of analysis for the implication of privatization of public enterprises in Nigeria. The researcher reviewed some relevant textbook, used the secondly methods of data collection. He found out that privatization is seen as means to harness economy or as measure to increase efficiency of the public sector. This study is however divided into five chapters, chapter one deals with the background of study, statement of the problem objective of the study.

Significance of the study, theoretical framework, hypothesis, method of data collection and analysis scope of limitation of the study and definition of terms, chapter two contains the historical and development of public enterprises in Nigeria. In chapter three we looked at challenges and prospects of privatization, chapter four of this work dealt with the gains of privatization of PHCN. Finally, chapter five which is the last chapter efforts shifted to the summary conclusion, recommendation and bibliography however this work is very explicit, interest and educating.


An Assessment of the Economic Implications of the Privatization of the Power Sector in Nigeria

CHAPTER ONE

1.1 Introduction

… As a prelude to other parts of this study, this chapter will discuss the background upon which this study was initiated, the statement of problems that led to this study, the Aim and Objectives of the study. Others are Significance of the study, Scope of work, Research hypothesis and questions, Limitation of the study and Definition of technical terms.…

CHAPTER TWO

2.0 Literature Review

2.1 Introduction

This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the conceputal review, theoretical framework, the review of related literature …

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Defense Procedure for Economics Researchers

In preparation for defending a project or seminar on An Assessment of the Economic Implications of the Privatization of the Power Sector in Nigeria, it is imperative that as a nursing student, you demonstrate comprehensive knowledge of your research. The defense process is structured to include presenting your work, answering questions, and illustrating its pertinence. Initially, provide a succinct yet thorough introduction to your research topic, emphasizing its importance and the objectives, ensuring that both the audience and the External Examiner can understand the scope of your study.

Prior to your defense, be thoroughly acquainted with your research abstract and the critical elements of Chapter One, including motivation for embarking on this research, problem statement, objectives, and significance. In Chapter Two, be ready to cite at least two references from the literature review. For Chapter Three, you should be equipped to discuss the methodologies, tools, and techniques utilized. In Chapter Four, defend your research by justifying the findings and linking them to your research objectives.

Conclude your defense by succinctly summarizing the study and offering insightful, evidence-based recommendations. A professional dress code, such as wearing a suit and tie, is vital to create a favorable impression and elevate your presentation.

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