PRIVATIZATION OF PUBLIC ENTERPRISES: WHICH WAY NIGERIA?

Daniel Eseme GBEREVBIE, Samuel ONI, Adeola OYEYEMI, Ugochukwu David ABASILIM

Abstract


Governments exist among others to implement policies for the enhancement of the living standard of citizens. To accomplish this goal, public enterprises are established to provide goods and services. With the use of secondary data, the paper examines privatization policy in Nigeria. It observed government interference, lack of transparency and accountability as the major hindrances to the successful implementation of the policy. The paper therefore recommends that for privatization to achieve its goals, government should stop interfering in the implementation of the policy and appoint people of credible character to manage the implementing agency of privatization in Nigeria.


Keywords


Accountability, Policy, Privatization, Public Enterprises, Transparency

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