The study examines the association with
commercializing enterprises in Nigeria. In addition, it seeks to
investigate the reason for commercializing public enterprises in the
country. Issue generated by commercialization and its impact on the
Nigerian economy as a whole properly analyzed. The primary and
secondary sources of data collection were used to gather facts relating
to the study. Government has for a long time monitored the performance
of these enterprises in terms of contribution to economic growth. In
the course of this study, it has been discovered that most of those
public enterprises if not all have constituted an unnecessary high
burden on government resources. Commercialization therefore, is seen as
a means of restructuring the economy. Finding also shows that, its
implementation has positive impact or satisfactory. Finally, it is
obvious here that commercialization will have a positive impact on the
TABLE OF CONTENTS
Table of Contents
1.1 Background of the study
1.2 Statement of the problem
1.3 Objectives of the study
1.4 Statement of hypothesis
1.5 Significance of the study
1.6 Scope and Limitations of the study
1.7 Definition of terms
2.0 LITERATURE REVIEW
2.1 Theoretical framework
2.2 Reason for the establishment of the public Enterprises in Nigeria
2.3 Rational for commercialization in Nigeria
2.4 Commercialization programme in Nigeria
2.5 Technical committee on commercialization Act of 1988 (TCPC)
2.6 Bureau for public enterprises Act of 1993
2.7 Public enterprises commercialization Act of 1999
2.8 Politics of commercialization in Nigeria
2.9 Commercialization exercises
2.10 Empirical literature reviews
3.0 RESEARCH DESIGN AND METHODOLOGY
3.2 Research design
3.3 Sources / Method of data collection
3.4 Research population
3.5 Sampling techniques
3.6 Validity and reliability of measuring instrument
3.7 Method of data analysis
4.0 PRESENTATION AND ANALYSIS OF RESULT
4.1 Presentation and interpretation of results
4.2 economic prior criteria
4.3 Statistical criteria (First order test)
4.4 Econometric criteria
5.0 SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATIONS
5.1 Summary of findings
1.1 BACKGROUND OF THE STUDY
The ultimate goal of any credible and legitimate government is to ensure
sustained improvement in the standard of living of the citizenry.
Toward this end, the government usually evolves development plans that
will facilitate effective mobilization, optimal allocation and efficient
management of national resources.
In such efforts, priority is usually given to the provision of
development facilitators, such as transportation and communications as
well as social overhead, such as education and health. Drawing on the
successful experience of most developed economies, all developing
countries have also adopted a similar development process. In addition
for several reasons such as the small size of the private sector or for
the so called “security reasons”, the development process had seen
largely dominated by the public sector available evidence suggests that
this public sector dominated process has not achieve the desired impact
over time prominent among which is the lack of an inclusive framework on
the consequent with alienation of the people from the public policy
process. This, coupled with recent development in the globalizing world,
have precipitated the clamour for comprehensive national economic
reforms that will facilitate more efficient macroeconomic management and
thereby steer the economy back on to the path of sustainable grow and
The major components of this reform are the deregulation that argues
well for the promotion of a private sector-led economy. This was
informed by the assumption that the private sector is more efficient in
the allocation of resources and that this level of efficient will be
enhanced in a competitive environment emanating from the deregulation of
the economy. This implies that the reliance on the market rather than
the state is the accepted a notate against the problem of
underdevelopment in affected economies. The commercialization of State
Owned Enterprises (SOE) is the major strategy for obliterating the
culture of public sector domination of the economy. Nigeria is committed
to following the footsteps of several countries that have embarked upon
the commercialization of the national economy. The scope of the
nation’s commercialization program covers several sectors, including
banking and finance, oil and gas, telecommunication, manufacturing,
hospitality and tourism and others. The commercialization train has now
arrived into the utility sector and it is operating at varying degrees
within the sub-sectors therein. Given the criticisms that have trailed
the implementation of the commercialization programs in other sectors,
it appears timely to evaluate the commercialization process of the
nation’s utility sector. This with a view of ensuring compatibility of
the new policy orientation with the overall goal of poverty alleviation
through wealth creation and sustainable development, rather than
focusing on growth as an end by itself.
It will also facilitate a pro-action framework towards ensuring a pro-
commercialization of the utility sector in Nigeria, with special
emphasis on power and telecommunication which are necessities for
economic growth and development.
1.2 STATEMENT OF PROBLEMS
Commercialization of public enterprises is a vital tool for the
upliftment of a country economy more especially. The developing
countries like Nigeria. The problem facing commercialization to the
growth of Nigeria economy will be looked into: problems like corruption,
lack of transparency, lack of accountability, in consistency and
incredibility. However, it is on these problems that hundred of the
government to seen the growth on which commercialization and
commercialization public sector would bring to Nigeria economy. In
trying to look into the effect of commercialization effect to the growth
of the economy and proffer a way forwards a positive state of
commercialization of public enterprises in Nigeria this research work
1.3 OBJECTIVES OF STUDY
The broad objective of this research work is to evaluate the effect of
commercialization and commercialization on issues of economy growth in
many companies, private companies are looking for profit and their
objectives may diverge from the public interest. The orthodox approach
substitutable when it comes to provision of goods and services, subject
to appropriate regulation. While this may be the case in the majority of
products, divergent objectives have been problematic when it comes to
delivery of essential services.
The specific objective is
1. To evaluate the nature or the relationship that exists between commercialization of PHCN and telecommunication in Nigeria.
2. To examine the impact of commercialization sector on Nigeria economy.
3. To offer some recommendations based on the findings of the study.
1.4 RESEARCH HYPOTHESIS / QUESTIONS
The following hypothesis has been formulated based on the objectives of
the study and the statement of the problems stated as follows:
HO: Commercialization and commercialization have a positive effect to the growth of Nigeria economy.
Hi: Commercialization and commercialization have no effect to the growth of Nigeria economy.
1.5 SIGNIFICANCE OF THE STUDY
Commercialization of public sector enterprises is not new in Nigeria.
Indeed, commercialization was a key element of the structural adjustment
programme adopted by the Nigeria government in 1986 to stabilize the
economy and position it, for sustainable growth. What is new in the
on-going commercialization process is the coverage and determination of
the government to extend to the utilities (power) airways, petroleum,
refineries and the petrochemical plants.
It is a statement of fact that the private sector is profit driven and
this would undermine the rights of the populace to basic amenities in
the absence of adequate protection.
1.6 SCOPE OF THE STUDY
The research work which is based on the commercialization of public enterprises and the impact so far.
The commercialization policy covers both the statutory co-operation, state owned companies and joint-stock companies.
1.7 LIMITATIONS OF THE STUDY
In this research work, I countered a lot of hindrances which hindered and constrained me from getting more information.
Firstly, lack of respondent from public officers.
Secondly, poor financing for getting of materials for data about this research.
Finally, lack of information materials limited the research. Data collection was hectic because materials were searches.
1.8 DEFINITION OF TERMS
Some definition of terms is used in the study were as below:
a. Authority: It means power or right to give order and make others to be obeyed.
b. Commercialization: This is concerned with the reform of public
enterprises to achieve high efficiency and productivity without change
c. Electric: This means all the phenomena associated with electrons
(negative charge) and proton (positive charge) the study of these
d. Privatization: This means transfer of ownership of enterprise between the government and the private sector.
e. Problems: This stands for questions to be solved or decided.
f. Public: The citizens of a country.
g. Public Enterprises: This means any corporation, board,
company or parastatal, established by or under any enactment in which
the government federation has ownership or equity interest.
h. Strategic Investor: It means a reputable core investor or group of
investors having the requisite technical expertise, the managerial
experience and financial capacity to effectively contribute to the
management of THE ENTERPRISES BE PRIVATIZED.
A Research proposal for the impact of commercialization on public enterprises in nigeria:
A Review on the impact of commercialization on public enterprises in nigeria, impact, commercialization, public project topics, researchcub.info, project topic, list of project topics, research project topics, journals, books, Academic writer.
The study examines the association with commercializing enterprises in Nigeria. In addition, it seeks to investigate the reason for commercializing public enterprises in the country. Issue generated by commercialization and its impact on the Nigerian economy as a whole properly analyzed. The primary and secondary sources of data collection were used to gather facts relating to the study. Government has for a long time monitored the performance of these enterprises in terms of contribution to economic growth. In the course of this study, it has been discovered that most of those public enterprises if not all have constituted an unnecessary high burden on government resources. Commercialization therefore, is seen as a means of restructuring the economy. Finding also shows that, its implementation has positive impact or satisfactory. Finally, it is obvious here that commercialization will have a positive impact on the economy.
.. business administration project topics
THE IMPACT OF COMMERCIALIZATION ON PUBLIC ENTERPRISES IN NIGERIA