ABSTRACT
This research work was carried out to analyze the implications of privatization the unbundled firms of the PHCN. The broad objective of the study was to ascertain the effect of the privatization program on the Nigeria selecting and the economy as a whole. In the course of the study, survey research method was adopted and the researcher formulated a part of hypothesis. A sample size of 150 respondents was used. Primary data were collected from respondents using questionnaires measurement instruments. Collected data were collected from respondents using questionnaires measurement instruments. Collected data were presented on tables and analyzed mathematically using simple, percentages. The chi-square statistical tool was used in testing the hypothesis formulated. Evidence from the research data shows that the power sector privatization will lead to better service delivery, improved productivity and adequate utilization of organization resources in the power sector. It was recommended among other things that for this program to be successful, the NERC should provide practical conditions for eth electric power market to develop a delicate balance between the interest of the privatized companies and the benefits of society.
TABLE OF CONTENTS
Title Page i
Approval Page ii
Dedication iii
Acknowledgement iv
Abstract v
Table of Contents vi
Chapter One
Introduction
1.1 Background of the Study 1
1.2 Statement of the Problem 3
1.3 Objectives of the study 4
1.4 Research Hypothesis 5
1.5 Significance of the study 5
1.6 Scope of the Study 5
1.7 Research Hypothesis 6
1.8 Definition of Terms 5
References
CHAPTER TWO
Literature Review
2.1 The Background of Power Holding Company of Nigeria (PHCN) 9
2.2 The Meaning of Privatization 11
2.3 Background of Privatization in Nigeria 13
2.4 The Implication of Privatization to Nigeria Econom 15
2.5 The Challenges of the Privatization Program 18
2.6 The Rational for Privatization in Nigeria 20
2.7 Privatization of PHCN, in Consequences to Nigeria Economy 22
2.8 The Privatization Strategy of the PHCN 27
2.9 Opportunities the can come with the Privatization 30
References
CHAPTER THREE:
Research design and methodology
3.1 Research Design 35
3.2 Area of the study 35
3.3 Population of the study 36
3.4 Sample and Sampling Procedure 36
3.5 Source of Data 37
3.6 Instrument for Data Collection 38
3.6 Validity of the Instrument 38
3.7 Method of Data Presentation and Analyses 39
References
CHAPTER FOUR:
Data presentation and Analysis
4.1 Presentation and Analysis of Data 40
4.2 Test of Hypothesis 48
CHAPTER FIVE:
Discussion of Result, Conclusion and Recommendations
5.1 Discussion of Result 52
5.2 Conclusion 53
5.3 Recommendations 54
Bibliography
Appendix