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Journal of Emerging Trends in Economics and Management Sciences (JETEMS)

ISSN: 2141-7024

 

Article Title:
Privatization of Public Enterprises and Productivity: Nigeria's Dilemma
by Odeh Adiza Mercy

Abstract:
In recent times in Nigeria, there has been a policy shift to the commercialization and/or privatization of public enterprises. This was aimed at enhancing their level of productivity, and ensuring overall national development. However, the performance of these privatized enterprises has been replete with varying contradictions. This study appraised the post-privatization performance of the privatized enterprises in Nigeria. In assessing the productivity of the privatized public entities in Nigeria, certain indices were used for analysis, such as profitability, output and employment. Analysis showed that certain factors such as corruption, lack of transparency, etc, have led to low level of productivity in the goal attainment of the policy. Consequently, suggestions were made for the sustainability of the reform and a better level of productivity in Nigeria
Keywords: privatization, commercialization, productivity, public-enterprises, reform
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