ABSTRACT
So much effort has been made towards understanding the relationship between privatization and commercialization and the economic growth of Nigeria. Privatization and commercialization of pubic enterprises in every economy is introduced for the attainment of specific objectives which includes economic growth and stability. Data was collected and analyzed using ordinary least square method (OLS). The result of the study shows that there is a positive but insignificant impact of private investment on the economy, this due to lack of investment in the private sector. On the strength of this evidence, this work recommends that the government should allow the private sector to establish major companies like electricity generating companies, water supply companies etc. This study finally concludes by saying that the impact of privatization and commercialization of public enterprises on economic growth can only take effective progress when the enterprises are wholly or partially in some cases handled and controlled by the private owner whom will not relent in the optimization of profitable enterprises.
TABLE OF CONTENTS
Title page i
Declaration ii
Certification iii
Dedication iv
Acknowledgement v
Table of content vi
List of tables vii
Abstract xi
CHAPTER ONE
INTRODUCTION
11. Background to the study
1.2 Statement of problem
1.3 Objectives of the study
1.4 Statement of the study
1.5 Significance of the study
1.6 Scope and Limitation of the study
1.7 Definitions of terms
CHAPTER TWO
LITERATURE REVIEW AND THEORETICAL FRAMEWORK
2.1 Theoretical framework 23
2.2. BACKGROUND OF PRIVATIZATION IN NIGERIA
2.3 DEFINITION OF PRIVATIZATION
2.4 ORIGIN AND DEVELOPMENT OF PUBLIC ENTERPRISES IN NIGERIAN
2.5 REASONS FOR THE Privatization and COMMERCIALIZATION
2.6 THE IMPACT OF PRIVATIZATION TO THE NIGERIA ECONOMY
2.7 HOW COUNTRIES PRIVATIZE (METHODS OF SELLING state own assets
2.8 METHODS OF PRIVATIZATION
2.9 EMPIRICAL STUDIES COMPARING PRE-VERSUS POST PRIVATIZATION PERFORMANCE FOR SHARE ISSUE PRIVATIZATIONS (SIPs)
CHAPTER THREE
RESEARCH METHODOLOGY
3.1 Research design
3.2 Model Specification
3.3 Method of Evaluation
3.4 Justification of Model
3.5 Research Approach
CHAPTER FOUR
DATA PRESENTATION, ANALYSIS OF RESULT
4.1 Data Presentation and interpretation of result
4.2 Economic Apriori Criteria:
4.3 Statistical Criteria {First Order Test}
4.3.1.Coefficient of Multiple Determinants {R2}:
4.4 Econometrics Criteria.
4.4.1.Test for Autocorrelation:
4.4.2.Normality Test for Residual
4.4.3.Test for Heteroscedasticity
4.4.4 Test for Multicollinearity:
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATIONS
5.1 Summary of findings
5.2 Conclusion
5.3 Recommendations
BIBLIOGRAPHY