Privatization And Commercialization Of Public Enterprises: Problem And Prospect (A Case Study Of P.H.C.N Ilorin)

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Abstract

In recent times, in their effort to manage their resources more efficiently for maximum growth and development. Most countries have started to question the wisdom of investing so much in their public sector from which not much returns in terms of efficient supply of goods and services or profit ability or both could be good. However, privatization and commercialization have for long been and still remains a highly controversial topic in Nigeria. To be or not to be? This project is aimed at examining the concept of privatization and commercialization of Nigeria public enterprises, the problems associated to its implementation and its prospect. Privatization is a global phenomenon it is basically transfer of state owned investment to the private sectors through sales or others means while commercialization is the reorganization of enterprises wholly or partly owned by the government in which such commercialized enterprises shall operates as profit ventures and without subvention from government. Such enterprises would use private sector procedures in the management of their business.

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APA

Frontiers, E. & Temitope, A (2021). Privatization And Commercialization Of Public Enterprises: Problem And Prospect (A Case Study Of P.H.C.N Ilorin). Afribary. Retrieved from https://afribary.com/works/privatization-and-commercialization-of-public-enterprises-problem-and-prospect-a-case-study-of-p-h-c-n-ilorin

MLA 8th

Frontiers, Edu, and Adebayo Temitope "Privatization And Commercialization Of Public Enterprises: Problem And Prospect (A Case Study Of P.H.C.N Ilorin)" Afribary. Afribary, 14 Dec. 2021, https://afribary.com/works/privatization-and-commercialization-of-public-enterprises-problem-and-prospect-a-case-study-of-p-h-c-n-ilorin. Accessed 20 Jan. 2022.

MLA7

Frontiers, Edu, and Adebayo Temitope . "Privatization And Commercialization Of Public Enterprises: Problem And Prospect (A Case Study Of P.H.C.N Ilorin)". Afribary, Afribary, 14 Dec. 2021. Web. 20 Jan. 2022. < https://afribary.com/works/privatization-and-commercialization-of-public-enterprises-problem-and-prospect-a-case-study-of-p-h-c-n-ilorin >.

Chicago

Frontiers, Edu and Temitope, Adebayo . "Privatization And Commercialization Of Public Enterprises: Problem And Prospect (A Case Study Of P.H.C.N Ilorin)" Afribary (2021). Accessed January 20, 2022. https://afribary.com/works/privatization-and-commercialization-of-public-enterprises-problem-and-prospect-a-case-study-of-p-h-c-n-ilorin