Introduction
1.1 Background Of The Study
Decree 100.25 of 1998 Nigerian constitution define privatization as the handing over of on or part of the equity and other interests hold by federal government of or its urgency in enterprise whether wholly or partly owned by federal government to private individual. Hence it’s the process of transferring public enterprises and government parietal from state ownership to private individual or organization.
Commercialization as it’s defined in decree No. 25 pf 19988 constitution is the reorganization of public enterprise wholly or partly centered by Federal government in which such commercialized enterprise will be allowed by government to charge for it product or services price as may be determined by market forces.
Therefore privatization and commercialization is the economic policy that holds government back form direct participation in economic operation of its country. By doing this, private investment.
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