Public Enterprises and Privatization in Nigeria
Ogbole Francis E Orokpo
Broschiertes Buch

Public Enterprises and Privatization in Nigeria

Privatization: Towards Revamping Benue Cement Company PlC, Gboko Nigeria

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The dawn of independence in Nigeria together with the growing focus by government on the promotion of rapid social development of the society gave rise to the proliferation of public enterprises. The inability of these public enterprises to achieve the objectives for which they were established no doubt informed the government decision for them to be privatized. With the decline in oil revenue since the 1980 s, it was no longer feasible for government to continue to underwrite the losses in these public enterprises due to the absence of profitability, massive looting and gross inefficiency hen...