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

Project / Seminar Material
Reference ID: PS-7773-TM

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 enabling grace, and to all computer enthusiasts who contributed to make life a pleasant experience during my research documentation.

ACKNOWLEDGEMENT

I extend my sincere gratitude to all those who contributed to the completion of this project. Special thanks to my Supervisor (Name of your Supervisor), the Head of Department (Name of your HOD), the Lecturers in the department of Economics, Book Authors and Profound Scholars of existing or related project material on “An Assessment of the Economic Implications of the Privatization of the Power Sector in Nigeria” for their invaluable guidance, support, and expertise throughout the journey.

I am also grateful to your study area (mention any funding organizations, if applicable) for their financial assistance. This research would not have been possible without the encouragement and assistance of some stakeholders (mention any mentors, teachers, or colleagues). Additionally, I would like to acknowledge the understanding and patience of my family and friends during this endeavor. Your unwavering support has been a constant source of motivation. Thank you all for being part of this meaningful endeavor.

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 …

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