AN APPRAISAL OF THE CURRENT IMPLICATION OF PRIVATIZATION OF NIGERIA TELECOMMUNICATION LIMITED (NITEL)
CHAPTER ONE
1.1 BACKGROUND OF THE STUDY
The problem associated with state- owned enterprises and monopolies are not peculiar to Nigeria it is true that many developing countries have overcome the problems through a well designed and simple minded pursuit of privatization.
It is important to observe that the was a times when it was considered sound economic policy for government to establish and invest in statutory corporations and state owned companies socialism existed side be side with capitalism. It is also good to note that it took many years to accomplish the privatization of British telecoms which is regarded as a world leader by all standards (business times Dec 3-9,2001.
1.2 PROBLEMS ASSOCIATED WITH THE SUBJECT MATTER
According to Enugu (1991:191) the fact that state owned business enterprise have failed woefully in Nigeria cannot be doubted.
Most of the problem that associate with Nigeria telecommunication limited are:
- Most of the manager is NITEL Enugu zonal district take advantage of their position to gain at the expense of the organization through misappropriation of funds embezzlement favouritism and bad leadership
- The constant and persistent changes in the management team of NITEL has had far reaching effects on the performance of the organizaiton
- The problem of power tussle and internal problems exist between the management team and even among other employees of NITEL.
- The Nigeria telecommunication limited are equipped with wrong and obsolete technological equipments hardly serviceable exchange switches.
- Lack of maintenance and mismanagement of facilities and human resources.
1.3 PROBLEMS THAT THE STUDY WILL BE CONCERNED WITH
The study will be concerned on many change concerning the privatization of Nigeria telecommunication limited.
- The first problem the study will be concerned on is privatization of Nigeria telecommunication limited will change the quality of
- The second problem is the problem of increase in tariffs imposed on customers
- The third problem the study will be concerned with is the problem of financial management of the organizaiton.
- The fourth problem is the problem of loss of job by the staff.
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