Download Tag: PRIVATIZATION

CHAPTER ONE BACKGROUND OF THE STUDY Broadcasting in Nigeria, entered a new era with the decision of the federal government is allow private ownership of radio and television stations after more than 50 years of its advent in Nigeria. Privatization is the process which government either partly or wholly transfers equity investment of ownership in a business enterprise to private investors. Commercialization, on the other hand is defined as the ...

CHAPTER ONE 1.1   INTRODUCTION Privatization is a relatively new word not until about a decade ago, it made on prominent feature in the politics and economy of many countries. It is defined as the process of changing the ownership of government companies to private ownership through the sale of the shares of such companies to individual who will manage the companies efficiently and profitably. Originally privatization was a feature of developed ...

ABSTRACT The purpose of this research work is to appraise the role of Capital Market in the privatization of Public Enterprises in Nigeria with the Nigerian Stock Exchange, Lagos as a case study. The following three null hypotheses were formulated through the use of Secondary Data. However for the analysis of data simple regression analysis was made use of and the result obtained revealed that: The activities of the Nigerian ...

CHAPTER ONE 1.1      BACKGROUND OF THE STUDY To be able to transform into an industrialized economy an underdeveloped economy has to privately and commercially develop. The importance of establishing public enterprises or corporations began during the 19th century with the British Telecom in 1884 under the telecommunication act and gained a worldwide support in Britain. Thereafter several nations particularly those in Africa, have come to embrace the principle as a way of ...

ABSTRACT It is because of social issues like, economic inequalities, unemployment and lack of funds that made the Government of Nigeria to privatized some of their public sector as a means or medium for economic and social development due to poor managerial skill, weak technology base e.t.c this enhanced the zeal to establish various enterprises institution in Nigeria, then, due to inadequate capital and lack of finance. Public enterprises in ...

Abstract It is because of social issues like economic inequalities, unemployment that made the state to interfere in economy of Nigeria. Government chose public sector as a means or medium for economic and social development due to poor managerial skill, weak technological base etc, this enhanced the zeal to establish various enterprise institutions in Nigeria. Then, due to inadequate capital and lack of finance, public enterprises in Nigeria are confronted ...

ABSTRACT So much effort has been made towards understanding the relationship between privatization and commercialization and the economic growth of Nigeria. Privatization and commercialization of pubic enterprises in every economy is introduced for the attainment of specific objectives which includes economic growth and stability. Data was collected and analyzed using ordinary least square method (OLS). The result of the study shows that there is a positive but insignificant impact of ...

ABSTRACT The privatization and commercialization of Nigerian enterprises today, faces a lot of challenges in tackling the menaces of corruption and mismanagement of public funds. It is because of social issues like economic inequalities, unemployment that made the state to interfere in economy of Nigeria. Government chose public sector as a means or medium for economic and social development due to poor managerial skill, weak technological base etc, this enhanced ...

ABSTRACT The ultimate goal of any credible and legitimate government is to ensure sustained improvement in the standard of living of the citizenry. The government usually evolves development plans that will facilitate effective mobilization, optimal allocation and efficient management of national resources. Therefore, in trying to look into the effect of privatization and commercialization to growth of the economy and proffer a way forwards a positive state of privatization and ...

ABSTRACT This paper examines the outcome of privatization in the Nigerian economy within the context of a globalized economic system and against the supposed inefficiencies of state owned enterprises. It argues that the privatization process in Nigeria as in other developing countries represents among other characteristics a new phase in the export of capital from the advanced countries. Having examined some key economic variables, the paper further argues that the ...

CHAPTER ONE INTRODUCTIONS 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 ...

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND TO THE STUDY All over the world the public service as a matter of experience has been know for it’s capacity to create wealth. Consequently, public enterprises have usually been perceived as drain pipes for government budget. Thus creating budgetary strains and avoidable burden on economy. It become a national policy, imperative therefore to disengage the public sector from those area where the private sector has ...

ABSTRACT The researcher looked into the impact of privatization on Nigeria money market with the Central Bank of Nigeria as the case study.  For the purpose of clarity, this project has been divided into five chapters.Chapter one deals with the introductory part of the project, statement of problems, objective of the problems of the research.Chapter two discussed the literature review. It went into analysis of the relevant materials, which are ...

ABSTRACT This topic, problems and prospect of privatization and commercialization of government parastatals in Nigeria is the attempt to help the general public to know about the privatization commercialization of government parastatals in Nigerian.  Moreover, to enable the public to contribute their own quota in the privatization issue and find out the problems and prospect associated with the progammes. The chapter one deals with the introduction, the historical background of the ...

CHAPTER ONE 1.1   BACKGROUND OF THE STUDY An unintended consequence of the indigenization exercise is 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 ...

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 ...

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND OF THE BODY Privatization Appeared on standard dictionaries only in the early 1980s it appeared in Webster new collegiate Dictionary is one of the radical methods through for thinning the government-owned enterprises for many years up to 1980, the Nigerian government made fairly extensive use of the public enterprise for resource mobilization and allocation, particularly within the social service and utilities sector with the windfall ...

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY The privatization programme of the first phase was said to benefit many Nigerians who were given the opportunity to purchase shares offered for sale by way of the public offer. Subscription of shares during phase one was largely successful with many public offers. However, there were a large number of Nigerian citizens who due to difficult economic realities in their present time were ...