Full Project-PRIVATIZATION AND COMMERCIALIZATION EFFECT ON NIGERIAN ECONOMY

Full Project-PRIVATIZATION AND COMMERCIALIZATION EFFECT ON NIGERIAN ECONOMY

Click here to Get this Complete Project Chapter 1-5

CHAPTER ONE
1.1            BACKGROUND OF THE STUDY
An unintended consequence of the indigenization exercises the need to privatize and commercialize government owned enterprises.At the inception of the indigenization exercise, the intention of the government was to enable the citizens to control the commanding heights of the economy.
However, in the course of implementation, government become an active purchaser of these enterprises formerly owned by aliens.  This action became possible because of the sudden government’s opulence created only the oil boom wealth of that decade.  Government was not only involved in the acquisition of foreign owned enterprises but also dedicated to establish new ones. In the 80’s how ever, there was negative down turn in the nation’s economic fortune and government was no longer able to fund these state owned enterprises adequately.
Furthermore, there are acute manifestation of managerial inefficiency in the way and manners these state owned enterprises were being administered.  Thus, enterprises which were supposed to e revenue generating ventures became government problem children which require massive financial investment before they can survive. It was against this background that the Federal Government decided to privatize and commercialize these enterprises and this decision was put into operation by the promulgation of Decree No.25 of 1988.  The Decree aimed at privatizing and commercializing certain public enterprises.
The Decree also made provision for the establishment of a Technical Committee on Privatization and Commercialization (TCPC) whose major functions include: –
i.      advising on the capital restructuring need of enterprises listed for privatization or commercialization
ii.     carrying out-public issues of shares for the listed enterprises
iii.    consulting with the security and exchange commission on the need for the shares to be issued
iv.    advising the Federal Government on the allotment pattern for the shares to be issued
v.     overseeing actual sales of shares and
vi.    preparing proposals for the sale of government shares in these enterprises for the approval of the Federal Government.
1.2            STATEMENT OF PROBLEM
Operation of public enterprises where government enjoys shown some tester of management inefficiency.  This case of distress combaters and failure dilatation, low capacity utilization or inefficient performance in some public enterprises and parastatals are pure cases of management brigandage.  With the sceneries being played in over national economic life. 

Get the Complete Project

This is a premium project material and the complete research project plus questionnaires and references can be gotten at an affordable rate of N3,000 for Nigerian clients and $8 for International clients.

Click here to Get this Complete Project Chapter 1-5

 

 

 

 

 

You can also check other Research Project here:

1, Accounting Research Project

  1. Adult Education
  2. Agricultural Science
  3. Banking & Finance
  4. Biblical Theology & CRS
  5. Biblical Theology and CRS
  6. Biology Education
  7. Business Administration
  8. Computer Engineering Project
  9. Computer Science 2
  10. Criminology Research Project
  11. Early Childhood Education
  12. Economic Education
  13. Education Research Project
  14. Educational Administration and Planning Research Project
  15. English
  16. English Education
  17. Entrepreneurship
  18. Environmental Sciences Research Project
  19. Guidance and Counselling Research Project
  20. History Education
  21. Human Kinetics and Health Education
  22. Management
  23. Maritime and Transportation
  24. Marketing
  25. Marketing Research Project 2
  26. Mass Communication
  27. Mathematics Education
  28. Medical Biochemistry Project
  29. Organizational Behaviour
  30. Other Projects
  31. Political Science
  32. Psychology
  33. Public Administration
  34. Public Health Research Project
  35. More Research Project
  36. Transportation Management
  37. Nursing

 

 

Need a Project Writer for a Different Topic