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EFFECTS OF PRIVATIZATION AND COMMERCIALIZATION ON THE COMPANY MANAGEMENT

A CASE STUDY OF SELECTED COMPAY IN IMO STATE

 

ABSTRACT

The interest of this study is to destroy valuable contributions to companies management and general industrial development in Nigeria through privatization and commercialization Nigeria has been lacking behind in terms of development owning to numerous reasons some of which are embedded in the management of her local producers system. In this study therefore, the interesting is to carryout some research into these problem that impede company management process in Nigeria and suggest ways and means of moving them through modern management process and in addition X-ray the far reaching benefit that could be drawn from privatilization and commerclizatin on company management.

        Faced with the dilemma of external indebtedness and internal economic stabilization measure.

The major component of this medication is the gradual dismantling of state control. How the management of companies affected by privatization going to fare, because the crux of this study. Some selected government enterprises operating within the continues or bead quarter in the state were studied to give the research an empirical touch. In conclusion few question which may be agitating the minds of people were answers. Among these question are:-

        Why did government intervened in economics activates an did why is it urgent now that state control has be dismounted for private initiations to come in?

        A note of wanting was sounded about seeing privatization as a solution to all management and economics ills and that the right remedy should be given to the appropriate private ailment at the right time.

 

CHAPTER ONE

1. INTRODUCTION

 

It has been exonerated that the economic situation of Nigeria from the recent past to p

resent is anything but good. Datas back to the colonial ear, Nigerians economy has been saddled with planlessness and bad administration. Other countries like Taiwan, south Korea and even south African that started from the same platform as Nigerian in quest of economic emancipation have today made considerable achievement.

        As for Nigeria, she was held down to low economic attainment by a vicious circle of force, tribalism, nepotism, political profiteering, poor education orientation and poor work altitude. This circle however, was often broken by seeing economic progress as in the area of grandaunt pyramids of the sixties and the oil boom era of the seventies which bid not stand the test of time.