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THE EFFECT OF PRIVATIZATION AND COMMERCIALIZATION OF GOVERNMENT OWNED INDUSTRIES

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND  THE STUDY. The period of between 1972 to 1990 was a period described in the history of Nigeria economy as the period of oil boom within which time incoherent application of generated revenue from sale of crude oil was made. The various government many medium scale industries in various parts of the country same of these industries so established import as much as 90% of ...

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THE EFFECT OF PRIVATIZATION AND COMMERCIALIZATION OF GOVERNMENT OWNED INDUSTRIES

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY There is no doubt that privation came in the hesitation of the policy of liberation and the advancing for market based  reform..  It has also become an important  component Globalization. Privatization has since been  endorsed by multi  lateral financial institution as a major plank of adjustment policies , which are being , implemented in a number of developing country including Nigeria of ...

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EFFECT OF PRIVATIZATION AND COMMERCIALIZATION OF GOVERNMENT OWNED INDUSTRIES

ABSTRACT The government felt that some public sector businesses are performing below expectations. Some  incurred debts, which are being repaid and serviced by the government. The government also became worried that substantial part of its capital votes were used to support public enterprises whose provision of goods and services were often expensive, inefficient and subject to political manipulation. The Federal government therefore decided to privatize and commercialize these enterprises as ...

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