Privatization is a very broad sense may be defined as the transfer of ownership and control right over a firm from the government owned industries to the private sector.
Commercialization in the other sense is said to be the withdrawal of government funding from parastatals to enable it operate commercially to fund for its existence of operation.
This research work is aim to investigate into the benefit of privatization and commercialization on the Nigeria economy “Marketing focus”.
In recent tine the management of our parastatals has been a subject of debate. This research will look into the inefficient utilization of resources and financial mismanagement of most of the public sector enterprises over the year resulted into a very weak economic balance sheet, excessive debts incurring and in most case negative network.
This research work will be grouped into five chapters which shed more lights on the benefits of privatization and commercialization on Nigeria economy “Marketing Focus”.
CHAPTER ONE, Shed light on the introduction (background) Statement, of problem, Objective, of the study, Scope, of the study, Significance, of the study, Limitation, and constraints of the study, Definition of terms.
CHAPTER TWO, Deals with the meaning of privatization and commercialization, the benefit of privatization and commercial, activities of techniques committee on privatization and commercial and its shortcoming associated with privatization and commercialization references.
CHAPTER THREE: Concentrate on research methodology, population of the study, sampling and sample size, research designing, type of data, method of data collection, method of data presentation, method of data analysis.
CHAPTER FOUR: Deals with history of PHCN, data presentation, data analysis, data interpretation and discussion of findings.
CHAPTER FIVE: Also
deals with summary of findings, conclusion said recommendation.
TABLE OF CONTENTS
Table of contents
1.1 Statement of the problems
1.2 Objective of the study
1.3 The scope of the study
1.4 Significance of the study
1.5 Limitation and constraints of the study
1.6 Definition of terms
- The meaning of privatization and
- The Nigerian Experience on privatization and commercialization
- The benefit of privatization and commercialization as related to marketing.
- The activities of technical committee on privatization and commercialization
- Shortcoming associated with privatization and commercialization
- Population of the study
- Sampling and sampling size
- Research designing
- Type of data
- Method of data collection
- Method of data presentation
- Method of data analysis
Data Presentation and Analysiss
- Brief History of NEPA to PHCN
- Data presentation
- Data analysis
- Data interpretation
- Discussion findings
Summary, Recommendation and Conclusion
Recently, the mismanagement of our parastatals has been a subject of debate. The inefficient utilization of resources and financial mismanagement of most of public sector enterprises over the years resulted into a very weak economic balance sheet, excessive debts incurring and in most cases negative network.
In addition, the fact that the insolent performance of the state in administration of public business establishment creates a situation in which national funds that could have been used or spent to generate new economic activities and employment opportunities are being used to subsidize “dead wood that will never grow nor change” as analogy for the public enterprises.
Taking survey of the phenomenon of privatization and commercialization has also been extend to garbage collection, bore-hole drilling, air traffic control and likes many other countries like Britain, USA, Spain, Italy are also involved in various degrees in the process of privatization and commercialization and this is not so exceptional case with Nigeria.
Privatization and commercialization is seen to many observes as a situation to our economic predicament. The debate in privatization has been on the presumed efficiency of the private sector vis-à-vis the public enterprises and how the latter can be made more responsive to market forces and signs. It has been realized that inefficient companies are typical drain on national treasures and that they contribute greatly to the enormous current debt problems.
Thus, if efficiency can be elevated in relating to profitability cost saving and consumer satisfaction and the liks. Do we consider privatization and commercialization to be the solution and to what proportion should factors of production and distribution be held by the state private individuals.
As government could no longer continue to support the monumental waste and inefficient of these public enterprises, the programme of privatization and commercialization was developed to address our peculiar socio-economic and political condition.