A Proposal on Privatization and Commercialization of Government Parastatals in Nigeria
Chapter One
OBJECTIVES OF THE STUDY
The study will determine the following objectives;
– To examine the effect of privatization and commercialization on the performance of the power sector.
– To examine if privatization and commercialization would improve economic performance of parastatals.
– To examine the extent to which privatization and commercialization promotes consumer sovereignty.
– To determine if privatization and commercialization would resolve management problems in parastatals.
CHAPTER TWO
LITERATURE REVIEW
THEORITICAL FRAMEWORK
According to Ogbam –Iyam who sees theory as a set of interrelated concepts that are used to explain, describe, interpret and predict the relationship between phenomena or variables; theory helps to provide us with a way of looking at the real world. Here, structural-functional theory is used as suitable framework of analysis for the policy of privatization and commercialization of government owned industries. Structural functionalism as a theoretical framework is intended to explain the basis for maintaining order stability in the society and relevant arrangement within the society. This theory originated in the biological and medical science, it was adopted as a mode of analysis in sociology and anthropology as evidenced in the works of Emile Durkheim and Talcolt Parsons. It was developed for political analysis by Gabriel Almond, S. P. Verma stressed that structural functionalism involved two main concepts, such as structures and functions. Structure refers to the arrangement within the system which perform the functions. Also, structure is the way in which the parts are connected together in order to be arranged or organized. Function has been defined by Merton Robert as those observed consequences which make for the adoption or adjustment of a given system. According to Oran Young, function is generally defined as the objective consequence of a pattern of action for the system in which it occurs. The basic assumption of the structural functionalism framework is that all the system has structures which can be identified and those structures perform functions within the system necessary for its persistence. It refers to the structures that are fund in any system and functions performed by structures. This theory can achieve purpose of privatization and commercialization, if the government makes use of its and apply it to the various structures of government or substructure to perform effective functions for smooth running of government activities which enhance economic growth. For instance the PHCN in Nigeria which is privatized, brought about positive changes in electricity sector and contributed to economic development of the country.
CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY
The researcher used descriptive research survey design in building up this project work. The choice of this research design was considered appropriate because of its advantages of identifying attributes of a large population from a group of individuals. The design was suitable for the study as the study sought to Privatization and Commercialization of Government Parastatals in Nigeria.
METHOD OF DATA ANALYSIS
The researcher will employ oral and direct interview in administering this research questions. Responses from the respondents were needed unlike questionnaires, which is less rewarding due to late receipt and loss of responses from respondents. The method of data analysis that will be used by the researcher is the simple percentage. More so, percentage and degrees of the responses will also be used in the analysis. Here, the ratio of those whose responses were not in the affirmative will be found and conclusions will be drawn there upon. Representations of the level of responses will be made in tabular form. The Statistical Package for Social Sciences (SPSS) software will be used to test the hypotheses.
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