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Impact of Privatization on Business Development in Nigeria

Impact of Privatization on Business Development in Nigeria

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Reference ID: PS-8894-TM

DEDICATION

This research work titled "Impact of Privatization on Business Development in Nigeria" is dedicated to God for his enabling grace and to all computer enthusiasts who help to make life a pleasant experience.

ACKNOWLEDGEMENT

I owe my indebtedness to my Supervisor (Name of your Supervisor), the Head of Department (Name of your HOD), the Lecturers in the department of Entrepreneurship, Book Authors and Profound Scholars of existing/related research material for your moral support that facilitated the successful completion of my (Tertiary Institution level). I am grateful to God Almighty and my parent for their financial support in my career. I really appreciate you all for everything, Thank you very much.

TABLE OF CONTENTS

PRELIMINARY PAGES

CHAPTER ONE

INTRODUCTION

    CHAPTER TWO

    LITERATURE REVIEW

    • 2.1 Introduction
    • 2.2 Conceptual Review
    • 2.3 Theoretical Framework
    • ⋮
    • 2.4 Empirical Studies

    CHAPTER THREE

    RESEARCH METHODOLOGY

    • 3.1 Introduction
    • 3.2 Research Design
    • 3.3 Population of Study
    • 3.4 Sampling and Sampling Technique
    • 3.5 Validation of Research Instrument
    • 3.6 Method of Data Collection
    • 3.7 Method of Data Analysis
    • 3.8 Questionnaire Administration
    • 3.9 Ethical Consideration
    • 3.10 Statistical Analysis

    CHAPTER FOUR

    DATA ANALYSIS, RESULT AND DISCUSSION

    • 4.1 Introduction
    • 4.2 Presentation and Analysis of Data
    • 4.3 Re-statement of Research Questions
    • 4.4 Test of Hypotheses
    • 4.5 Discussion of Findings

    CHAPTER FIVE

    SUMMARY, CONCLUSION AND RECOMMENDATION

    • 5.1 Introduction
    • 5.2 Summary of Findings
    • 5.3 Conclusion
    • 5.4 Recommendation
    • 5.5 Suggestion for Further Study

    REFERENCES

    APPENDIX A - “QUESTIONNAIRE”

    ABSTRACT

    It has been widely accepted among developing nations that economic development can be accelerated with active industrial sector. In the same vein it is the power and energy sector that drives industrialization. Nigeria, as a typical developing country that is anxious to grow has failed in the provision of domestic energy to her citizenry and industries. In her recent efforts to fulfill this obligation, Nigeria chose to privatize her electricity supply unit in pursuit of greater market efficiency. Unfortunately, the effort has not yielded the desired result. Homes, government establishments and industries have suffered a great deal of power outage. This has questioned the economic rationale behind the pursuit of profit at the expense of very huge loss in welfare.

    In this paper, an attempt has been made to estimate the impact of privatizations on business development in Nigerian and to examine the effect privatization has had on the pattern of private sectors and public sectors. Privatization broadens and deepens the power sector resulting from increased listings consumer size. Privatization has also provided opportunity for risk diversification, enhanced professionalism and increased government attention. The implementation of the first and second round privatization has resulted in a tremendous boost to the total power supply, and consumer price index.

    This paper posits that; in a primitive undeveloped private sector, utilities such as energy and power cannot be privatized without jeopardizing the development motives of the nation. Standard econometric methods were used to show that the structure of supply of electrical energy is different in the hands of undeveloped private sector and inimical to the overall development of the nation. In spite of the identified shortcomings, the privatization program has enhanced the development of the Nigerian power sector.

    Impact of Privatization on Business Development 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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