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The Problems and Prospects of Privatization in the Nigerian Economy

The Problems and Prospects of Privatization in the Nigerian Economy

Project / Seminar Material
Reference ID: PS-14890-TM

DEDICATION

This research material titled “The Problems and Prospects of Privatization in the Nigerian Economy” 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 Business Administration and Management (BAM), Book Authors and Profound Scholars of existing or related project material on “The Problems and Prospects of Privatization in the Nigerian Economy” 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.

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

    This research work is intended to x-ray some of the unexamined fact and the problem and prospect of privatization in the Nigerian economy. Privatization as a reformatory programme has come to rest in the Nigeria economy.

    One could say that privatization is a child of circumstance but it could be a circumstance itself if not well implement. This programme has worked well in some other countries though with some problems. The Nigeria environment has considerably militated against its smooth implementation.

    This study is intended to evaluate the privatization exercise already on in Nigeria by drawing inference form already privatized company such as NITEL, African petroleum, Niger dock but more emphasizing and detailed study was conducted in NITEL.

    The study will also help the researchers and management students have a basic knowledge of Nigeria political economic situation and efforts being advanced by the federal government to revive the economy.

    The Problems and Prospects of Privatization in the Nigerian Economy

    CHAPTER ONE

    1.0 Introduction

    The needs of a society stimulate the design of a programmed. In the programme, the missions and the objectives are clearly stated and all other thing required for its achievement of the programme are mapped out. This therefore suggests to the implementation of the programme that certain procedures need to be followed for the achievement of the peoples’ desire it is designed for.

    The issue of privatization as a programme is relatively new to Nigeria. It is an old issue in other countries like Britain, USA, and French etc.

    The concept of privatization crept into our vocabulary simultaneously with the economy crisis. The combination of stringent trade and exchange controls on the trend and over devaluation of the Nigerians on the other hand resulted in misallocation of resources, high incidence of capital flight and other problems which tended to undermined government control of the economy.

    Indeed, matters tended to get worse with the persistence and determination of balance of payment problems. The erosion of national credit, the inability of most holders of import licenses to effective by utilizing them owning to the death of confiding lines and acute shortage of raw materials as well as consumer goods pushed the country’s economy to a large of collapse.

    Here, in Nigeria, the emergence of privatization as a major public issues owning to the inefficiencies outlined above which as resulted to poor management of resources and consequently, general economic down turn could be as a result of Nigeria political system.

    “ECONOMY IS A FUNCTION OF POLITICS”

    Immediately often her independence, Nigeria became a sovereign nation. Independent in political and economic considerations, coupled with the windfall gains from the Crude Oil and the emergence of political tissues among the various ethnic groups geared up by tribalism, nepotism, favouritism and other extinct vices lead to the various coup and counter coup in the political area.

    Consequently, the constitution was abandoned decrees by various Military Government became the order of the day.

    …

    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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