ONLINE PROJECT RESOURCE

ECONOMICS

ACCOUNTANCY

BUSINESS ADMINISTRATION

BANKING & FINANCE

POLITICAL SCIENCE

MARKETING

SOCIOLOGY

INSURANCE

SECRETARIAL STUDIES

INDUSTRIAL RELATIONS & PERSONNEL MANAGEMENT

MANAGEMENT SCIENCE EDUCATION

 

 

MSc/MBA PROJECTS

 

 

USEFUL RESOURCE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

YOU ARE EXPECTED TO USE THIS PROJECT AS A GUIDE; HOWEVER, IF YOU WISH TO USE IT WHOLLY, YOU WILL BE RESPONSIBLE FOR ANY ADJUSTMENT YOUR SUPERVISOR MAY REQUIRE

IT WILL BE SENT TO YOUR E-MAIL AFTER PAYMENT SAME DAY

 

PROJECT TOPIC  : PRIVATISATION POLICY IN NIGERIA: AN OVERVIEW (CASE STUDY OF NEPA AND NITEL)

PROJECT PROPOSAL/CHAPTER ONE

BACKGROUND TO THE STUDY

The ultimate goal of any credible and legitimate government is to ensure sustained improvement in the standard of living of the citizenry. Towards 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 and communications, as well as social overhead, such as education and health.

Drawing on the successful experience of most developed economies, all developing countries have also adopted a similar development process. In addition, for several reasons, such as the small size of the private sector, or for the so-called “security reasons”, the development process had been largely dominated by the public sector. Available evidence suggests that this public sector dominated process has not achieved the desired impact over time, prominent among which is the lack of an inclusive framework on the consequent alienation of the people from the public policy process. This, coupled with recent development in the globalising world, have precipitated the clamour for comprehensive national economic reforms that will facilitate more efficient macroeconomic management and thereby steer the economy back onto the path of sustainable growth and development.

The major components of this reform are the deregulation that augurs well for the promotion of a private sector-led economy. This was informed by the assumption that the private sector is more efficient in the allocation of resources, and that this level of efficiency will be enhanced in a competitive environment emanating from the deregulation of the economy. This implies that the reliance on the market rather than the state is the accepted antidote against the problem of under-development in affected economies. The privatization of state-owned enterprises (SOE), is the major strategy for obliterating the culture of public-sector domination of the economy.

Nigeria is committed to following the footsteps of several countries that have embarked upon the privatization of the national economy. The scope of the nation’s privatization program covers several sectors, including banking and finance, oil and gas, telecommunication, manufacturing, hospitality and tourism, among others. The privatization train has now arrived into the utility sector and it is operating at varying degrees within the sub-sectors therein. Given the criticisms that have trailed the implementation of the privatization programs in other sectors, it appears timely to evaluate the privatization process of the nation’s utility sector. This is with a view to ensuring compatibility of the new policy orientation with the overall goal of poverty alleviation through wealth creation and sustainable development, rather than focusing on growth as an end by itself. It will also facilitate a pro-active framework towards ensuring a pro-poor privatization of the utility sector in Nigeria, with special emphasis on power and telecommunication, which are necessities for economic growth and development.

STATEMENT OF RESEARCH PROBLEM

While acknowledging the desirability of enhanced efficiency in the management of national resources and better service delivery, the extension of wholesale privatization program to the utility sector had of recent been of concern to development analysts and concerned groups of stakeholders. This concern arises from the fact that unguided privatization cannot be classified as ordinary commodities, given the implications of their non-accessibility and affordability of some of these utility items to the citizenry, especially the poor and the vulnerable groups in the society.

It is in the light of creating a capitalist economy at the expense of the poor in our society that this research works seeks to evaluate the privatization process.

OBJECTIVES OF THE STUDY

The broad objective of this research work is to evaluate the privatization process in Nigeria. Private companies are looking for profit and their objectives may diverge from the public interest. The orthodox approach assumes that state and private sector are substitutable when it comes to provision of goods and services, subject to appropriate regulation. While this may be the case in the majority of products, divergent objectives have been problematic when it comes to delivery of essential services

In view of the above, the researcher intends to find out the following:
(i) What economic linkages are between privation and the poverty?.
(ii) How do the Nigerian society react to the privatization process?
(iii) What role does the capital markets play in the privatization process?
(iv) What is the rationale behind the privatization process?
(v) The economic impact does privatization has on the Nigerian
economy?

SIGNIFICANCE OF THE STUDY

Privatisation of public sector enterprises is not new in Nigeria. Indeed, privatisation was a key element
of the structural adjustment programme adopted by the Nigerian government in 1986 to stabilise the economy and position it for sustainable growth. What is new in the on-going privatisation process is the courage and determination of the governments to extend to the utilities (power and telecommunications), airways, petroleum refineries and the petrochemical plants.

It is a statement of fact that the private sector is profit driven and this would undermine the rights of the populace to basic amenities in the absence of adequate protection. This study shall not only evaluate the success of the privatization process, which is anti-poor but also examine the process in the light of the poverty alleviation programmes (which is pro-poor) of the government.

SCOPE OF THE STUDY

Quite unlike the first privatisation exercise, which was fairly simple in scope and design due to the nature of the enterprises involved, the peculiarities of the ongoing exercise suggest that its design and implementation must meet certain international standards if the exercise is to be successful. This research work therefore seeks to review certain aspects of the design and implementation of the ongoing exercise. In doing this, I shall examine three broad areas, namely:
i) transparency of the exercise,
ii) timing of sale, and
iii) the deal structure

The research shall also discuss the microeconomic and macroeconomic linkages between utility and poverty and the current developments in the privatization of Nigeria’s utility sector.The scope of this research work shall be restricted to two utility sector i.e telecommunication (NITEL) and Power (NEPA)

RESEARCH METHODOLOGY AND SOURCES OF DATA

The method of analysis to be adopted in this research work shall be the descriptive statistics. Relevant information that depicts the structure and characteristics of the privatization process in Nigeria shall be collected from different publications of the Federal Office of Statisitics and Central Bank of Nigeria and shall be presented using ratios, tables, charts and graphs in order to have a better picture of the progress made and it impact.

The presentation of collected information shall be done using the chart wizard of Microsoft Excel and the interpretation and analysis shall be made accordingly.

PLAN OF THE STUDY

This research work shall commence by providing a background of the subject matter justifying the need for the study, followed by the literature review and conceptual issues concerning privatization in Nigeria. The rationale for and models of privatization shall also be examined among other issues. The research method shall then outline before data are presented and discussed. Concluding comments shall reflect on limitations of the study and identify implications of the findings.

 

PROJECT PROPERTIES
Project Status
Available
Number of Chapters
5
Number of Pages
76
Number of Words
10,365
Number of References
29
Project Level
B.Sc.
Price
N10,000 (Non-Negotiable)
Abstract, Sample of Questionnaire are included
How to Pay for this Project . . . .CLICK HERE

Keywords: liberalization privatization globalization, infrastructure privatization, privatization and commercialization in nigeria

 

 

CONTACT CHANNELS

 E-mail: projectfaculty@yahoo.com OR projectfaculty@gmail.com OR mail us here

 

FRAUD ALERT
BEWARE OF FRAUDULENT PROJECT SITES!
Anyone that claims to be our agent/representative is a fraudster. Pay directly to ONLY our company's accounts NOT TO ANY INDIVIDUAL!
If we fail to send this project to you after payment, report to the bank you paid to, the Police and the EFCC with our Account Name and Account Number.