ABSTRACT
This study has focused on privatization of state owned
enterprises in Nigeria. A case study of Nigeria Telecommunication (NITEL). The
major problem stem from inadequate and irregular finding, political
interference in operations. The data collection instrument used was the primary
and secondary data, two statistical tools were used for evaluating the finding
of the study the simple percentage for analyzing the respondents and chi-square
(X2) for
testing the hypothesis.
This study is in five chapters viz: The introduction,
literature review, research methodology, data presentation, analysis and
interpretation, summary, conclusion and recommendation.
Majority of the respondent’s response that privatization
has brought more efficiency and also that privatization
policy of NITEL has contributed to the morale of the workers
and employee productivity.
It is also observed that privatization policy has increase
the participation of Nigeria citizen in economic activities through share
ownership in productive investment.
TABLE OF CONTENT
CHAPTER ONE
1.1 Background to
the study
1.2 Statement of
Research Problem
1.3 Objective of
the Study
1.4 Research
Question
1.5 Research
Hypothesis
1.6 Scope of the
study
1.7 Significance
of the study
1.8 Operational
Definition of Terms References
CHAPTER TWO
2.0 Literature
Review
2.1 Introduction
2.2 The concept of
Privatization
2.3 Benefits of
the Privatization Programme
2.4 Historical
Background of Privatization
2.5 Method or
Technique of Privatization
2.6 Financial
aspect of Privatization
2.7 Privatization
in Nigeria
2.8 Historical
Background of NITEL
2.9 Conceptual
issues on privatization (the great debate)
2.9.1 The
Protagonists view
2.9.2 The
Antagonists view
2.10 Theoretical
framework efficiency theory References
CHAPTER
THREE
RESEARCH
METHODOLOGY
3.1 Research method
or design
3.2 Population of
the study
3.3 Sample size and
sampling technique
3.4 Data collection
instrument
3.5 Administration
of the data collection instrument
3.6 Procedure for
data analysis
3.7 Limitation of
the methodology
CHAPTER
FOUR
4.0 presentation
and analysis of data
4.1 Brief outline
of the chapter
4.2 Responses,
characteristics and classification
4.3 Presentation,
analysis and interpretation of data
4.4 Respondents
responses on biography data
4.5 Test of
research hypothesis
4.6 Discussion of
Findings
References
CHAPTER
FIVE
SUMMARY,
CONCLUSION AND RECOMMENDATION
5.1 Summary of the
study
5.2 Conclusion
5.3 Recommendation
BIBLIOGRAPHY
QUESTIONNAIRE
CHAPTER ONE
1.1 BACKGROUND
TO THE STUDY
Public enterprises can simply be defined as government
owned companies established basically to render services to the people so as to
improve their living standard. Olatunde Afuwape (2001).
According to Akhakpe Ighodalo (1995) public enterprises
can simply be described as an organization or company set up by the government
to provide essential services to improve the people's welfare or wellbeing.
Public enterprises in other words can be seen as an
organization set up to promote and accelerate the process of social changes in
the society.
However some year after independent it became apparent
that public enterprises have failed to meet up with their objectives rather
than being an asset to the state and the people, public enterprise became a
burden to them. The financial commitment of the federal government to public
enterprises are so enormous that in the face of shrinking state resources the
pattern cannot be sustained.
Apart from public enterprise becoming massive drain on
government resources inefficiency and ineffectiveness in terms of provision of
goods and services became its benchmark and in the process of eliciting public
disdain and disenchantment with their operation. So there is the need for
government to act urgently to correct the ills and ailment of state-owned
enterprises.
Although several effort have been made in the past to
inject quality management and productivity into the operation of public
enterprise but this reforms does not yield any positive result, rather the
problem still persisted and this has led to the inevitable step to downsize
through privatization.
Privatization can be described as the transfer of assets
from the state to private hands. In other words it entails change of ownership
from public to private hands.
In reality privatization takes many forms and the term is
sometimes used broadly to describe any policy changes that enlarge the scope
for private enterprise to compete with State-Owned Enterprise (SOEs) or even
one might cause SOEs to behave more like private firms. (Ramamurti R. and R
Vernon et l (1991).
1.2 STATEMENT
OF RESEARCH PROBLEM
Public enterprise are expected to render services to the
public but it could be observed that they (Public enterprise) have failed and
because of their failure different problems emerged.
Finance is one of the major problems of public
enterprises.
For any organization to be effective be it private or
public they need adequate funding or capital to survive. So finance or money
plays an inevitable role in the performance or operation of public enterprises.
Finance is to government, what air is to living things.
Corruption is another problem facing the public enterprise
in Nigeria today. Top officials in the public sectors see it as an opportunity
to get rich quick because they believe that government money is no man's money
so they diverted public fund into their private pocket.
Poor management and poor accounting system is another
problem because records of transaction are not properly kept and money are used
or spent unnecessary. Technology also contribute to the inefficiency of public
enterprise because most government organization are not well equipped with
modern facilities and this goes a long way in affecting the quality of service
they render.
All these and some other sundry problem had necessitated
in the past the need to carry out one form of restricting or another not only
of public enterprises but of the entire public sector.
1.3 OBJECTIVE OF THE STUDY
The primary aim of this study is to examine the impact of
privatization on public enterprises. Privatisation can be seen as the transfer
of ownership of business from public to private hands, specifically have the
following objectives.
·
It sets out to
re-orientate the enterprises for privatization toward a new outlook in which
there will be performance improvement, validity and total efficiency.
·
To ensure greater
degree of competition in the business sector by reducing government involvement.
·
To restructure and
rationalize public sector in order to reduce the dominance of unproductive
investment in the public sector
·
To develop the capital
market by encouraging foreign investors.
·
To introduce ethical
standard in those companies privatized.
1.4 RESEARCH QUESTION
a) Could Nigerian Telecommunication be said to
be more efficient and profitable since the introduction of the policy of
privatization?
b) To what extent does privatization policy
contribute to the morale of the workers and employees productivity of Nigerian
Telecommunication?
c) Does
privatization policy an impact on the consumers?
1.5 RESEARCH HYPOTHESIS
Ho: The Nigerian Telecommunication has not been
more efficient and profitable since the introduction of privatization policy.
H1: The Nigerian Telecommunication has been more
efficient and profitable since the introduction of privatization policy.
Ho: Privatization of public enterprise will not
bring about the improved morale of workers and employee's productivity.
HI: Privatization of public enterprise will bring
about the improved morale of workers and employee's productivity.
Ho: That privatization of public enterprise does
not have an impact on consumers
Hi: That
privatization of public enterprise does have an impact on consumers
1.6 SCOPE OF
THE STUDY
In the course of this study the scope will be on the
Nigerian Telecommunication Plc (NITEL) now M-tel and how the policy of
privatization has affected their workers efficiency and to understand its
contributions in the past and how effective it has been.
This research work will be limited due to restraining
factor such as time constraint, finance is another constraint or problem and
difficulty in getting those NITEL official, as this research work is to be
completed within a specified period of time.
1.7 SIGNIFICANT
OF THE STUDY
a. Specifically the result of this study
would enhance greater efficiency and effectiveness in the public sector.
b. The essence of this research work is to
add to the existing knowledge of other researchers
c. This study would assist in revealing the
effect of privatization on consumer in Nigeria.
d. It would
enlighten student more on the concept of privatization.
1.8 OPERATIONAL
DEFINITION OF TERMS
·
Privatization: It refers to the
transfer of the ownership of public enterprise by the government to private
hands.
·
Public
Enterprises - They are government
owned companies or organization.
·
Technical
Committee on Privatization and Commercialization (TCPC). It us the committee
set up by the government to work out the modalities of privatization and
commercialization.
·
M -tel - mobile telecommunication
·
NITEL - Nigeria telecommunication.
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