May 22, 2018 project material on problem of management public enterprises in nigeria. The advent of the concept of welfare state after the second world war and the increasing developmental initiative undertaken by government across the world, the system of public enterprises was developed. Public enterprise, a business organization wholly or partly owned by the state and controlled through a public authority. Nigeriapublic enterprises,regulatory capture,corruption and. The challenges of effective privatization of public enterprises in nigeria a case study of the nigerian telecommunication limited nitel, largest undergraduate projects repository, research works and materials. Nigeria enterprises promotion decree the nigeria enterprises promotion decree which often refers to as indigenization policy was promulgated with effect from 1972. The case of the power holding company of nigeria phcn. Whereas public corporations are established by particular decree, stateowned companies are established under the companies. Public corporation is defined as a large scale business organization that is set up, owned and financed by the government of a country with the aim of providing services to the member of the public. Then, due to inadequate capital and lack of finance, public enterprises in nigeria are confronted with many problems by the employees, managers and political interference in affairs of public enterprises.
The project title is the policy of privatization and commercialization of public enterprises in nigeria. Nigerias oil wealth has also led to social and political unrest, particularly in the niger delta. Nigeria, has revealed that over two decades old privatization of public enterprises in nigeria since 1988 had significant positive effects on the economy and the polity in the first place. This study examines the unintended consequences otherwise called the dark side of privatisation of public enterprises pes in nigeria. The public enterprise privatization and commercialization act cap p. Expectations for efficient nigerian public enterprises have. The advent of the concept of welfare state after the second world war and the increasing developmental initiative undertaken by government across the world, the system of. Department of public administration and local government, university of nigeria, nsukka. Bureau of public enterprises nigeria and world news the. In order to achieve an efficient management of public enterprises through public private partnership in nigeria, the following recommendation should be considered. Its aim was to ascertain the relationship between public and private sector spending and gross domestic product gdp. Public corporations companies in nigeria including lagos, abuja, benin city, calabar, ibadan, and more.
Government chose public sector as a means or medium for economic and social development due to poor managerial skill, weak technological base. The paramount aim of the decree was to give nigerians the desired involvement in the control, management and ownership of the countrys productive enterprises. Government chose public sector as a means or medium for economic and social development due to poor managerial skill, weak technological base etc, this. During the british colonial administration, nigerias economic posture at the international market was reckoned with in terms of agroallied products. These are enterprises that produce infrastructural goods and services like electricity, water, telecommunication etc. Nigerias pes were faced with myriads of problems which made government to embark on pes sectorwide reforms via privatisation with the hope of giving more efficient structure to the nigerian economy with attendant benefits accrue to the generality of the. This paper examines the nigerian public enterprises and attempts expatiations on the status of its performance from the standpoint of modern organisation theory. This section is an exposition of these strategies and other mechanism of enforcement. Privatization and commercialization of public enterprises in nigeria an appraisal of telecommunication abstract it is because of social issues like economic inequalities, unemployment that made the state to interfere in economy of nigeria. E 2 1 department of public administration, federal polytechnic bida niger state, nigeria. Download undergraduate projects topics and materials accounting, economics, education. Privatization and management of public enterprises in nigeria. Sep 24, 2014 then, due to inadequate capital and lack of finance, public enterprises in nigeria are confronted with many problems by the employees, managers and political interference in affairs of public enterprises. Managing the challenges of public enterprises in nigeria and the privatization option okeke.
Privatization of public enterprise in nigeria economics essay. The various types of public enterprises that have emerged in the country since political independence may be classified into four 4 categories viz. In other words,public enterprises are corporations that are wholly or partly owned,and controlled by the state. I department of business administration, chukwuemeka odumegwu ojukwu university igbariam campus, anambra state, nigeria abstract one of the motivating factors for establishing public enterprises in nigeria is to. Definitions of public enterprise generally speaking, public enterprise has two dimensions public dimension which usually refers to public. Nigerias socio economic development, especially after independence in 1960. State owned enterprises in ghana state enterprises. The topic the impact of bureaucracy in nigeria public enterprises was specifically chosen to emphasis and illustrate the extent to which bureaucracy has been efficient and its ineffective in the operation of nigeria public administration.
Oji department of political science, enugu state university, enugu nwachukwu emmanuel c department of public administration, imo state polytechnic umuagwo, ohaji eme, okechukwu innocent department of public administration and local government studies. In trying to look towards a positive state, it becomes imperative to analyze the performance of public enterprises in nigeria. Some public enterprises are placed under public ownership because, for social reasons, it is thought the service or product should be provided by a state monopoly. According to the united nations,a public enterprise is an incorporated or large unincorporated enterprise in which public authorities hold a majority of the shares andor exercise control over management decisions.
The emergence of public enterprise in nigeria the two major forces that led to the establishment of public enterprises in nigeria are the political and economic factors. Public corporations companies in nigeria company list. An appraisal of telecommunication includes abstract and chapter one, complete project material available privatization and commercialization of public enterprises in nigeria an appraisal of telecommunication abstract it is because of social issues like economic. It is apt to note that public enterprises in nigeria have failed to. To take a general look at the evolution of public enterprises in nigeria. Analysis of the performance of public enterprises in nigeria. In nigeria today, the failure of many public enterprises and even major infrastructures is as a result of the tight stranglehold of the government on business enterprises and social facilities. Characteristics of public enterprises public enterprises are business organizations established and run by the government. University of calabar, calabar, cross river state, nigeria email. The public enterprises reform was an integral part of the structural adjustment programme sap in 1986. Introduction privatization of public enterprises is predetermined by crisis in the nigerian economy. Indonesia, mexico and nigeria could also push uk and france out. Nigeria had hitherto, practiced a mixed economy that creates opportunity for the coexistence of private initiatives and government ownership of business.
When a government sets up an enterprise to produce and sell goods and services, the enterprise is commonly re ferred to as a public enterprise. The igbo effort to secede from nigeria, which led to the 196770 civil war, was deeply rooted in ethnic tensions and nigerias colonial past. Characteristics of public enterprises businessmarketing. Public enterprises privatisation and commercialisation act arrangement of sections part i privatisation and commercialisation of public enterprises section 1. Pdf on sep 29, 2010, thomotuya, vincent chinyere thomotuya and others published the role of import substitution industrialization policy in the economy of nigeria. The key point here is that management of these organizations is. The reality is that majority of the enterprises in which government holds full equity are mostly undercapitalised and managed. A reflection on public enterprise sector in nigeria. An appraisal of telecommunication includes abstract and chapter one, complete project material available privatization and commercialization of public enterprises in nigeria an appraisal of telecommunication abstract it is because of social issues like economic inequalities, unemployment that made the state to. Management of public enterprises through public private. Incidentally, nigeria has fully adopted this policy and is embarking on it with frenzy.
The federal military government promulgated the bureau for public enterprises act of 1993, which repealed the 1988 act and set up the bureau for public enterprises bpe to implement the privatization program in nigeria. The federal government should stop its interference with the imple mentation of the privatization. Privatization of public enterprises and productivity. Against, the background of the above explication, this research work empirically explored into the management of public enterprises in nigeria with a particular reference to nigeria television. Bureau of public enterprises, abuja, federal capital. Nevertheless, public enterprises are in dilemma of some management constraints, which tend to hinder their goals and objectives. While references are made in the news media to a possible sale of the ncc, the nigerian bureau of public enterprises, the government body tasked with selling public corporations, still lists the ncc as an asset for sale on their website as of april 2008, and no news reports to. Privatization and commercialization of public enterprises is a vital tool for the upliftment of a countrys political economy, more especially the developing countries like nigeria. Public enterprises are thus, crucial in nigeria quest for true national economy independence and selfreliance fgn,1970. The bureau of public enterprises bpe, has expressed satisfaction at the level of compliance with the postacquisition plan by all the concessionaires at the apapa ports, lagos. The paper sees determinants of pricing policy in nigerian public sector enterprises to be among others, the financial and non financial objectives for establishing the enterprises, the market structure, the nature of the economy and its vertical and horizontal linkages for a specific commodity.
Effectiveness of pricing policy in nigerian public sector. Bureau of public enterprises implements the privatisation and commercialisation program of the federal government of nigeria. The poor performance of the state owned electricity company the national electric power authority nepa, has provided the impetus for the establishment of. The effect of privatization on economic growth of nigeria. Definitions of public enterprise generally speaking, public enterprise has two dimensionspublic dimension which usually refers to public. Journal of emerging trends in economics and management sciences, 2 6, 490496. The public enterprises came into existence as a result of the expanding scope of public administration. Privatization of state owned enterprises soes just like the case of benue cement coment company plc has become a key component of the structural reforms process and globalization strategy in many economic.
756 662 1397 598 1225 8 1003 1172 1154 412 724 515 568 337 1135 781 172 291 723 1012 270 254 1480 516 901 1179 390 17 305