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 pagei
Declarationii
Certificationiii
Dedicationiv
Acknowledgementv
Table of contentvi
List of tablesvii
Abstractxi
CHAPTER ONE
INTRODUCTION
11.Background to the study
1.2Statement of problem
1.3Objectives of the study
1.4Statement of the study
1.5Significance of the study
1.6Scope and Limitation of the study
1.7Definitions 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
2.4ORIGIN 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
3.2Model Specification
3.3 Method of Evaluation
3.4Justification of Model
3.5Research Approach
CHAPTER FOUR
DATA PRESENTATION, ANALYSIS OF RESULT
4.1Data Presentation and interpretation of result
4.2 Economic Apriori Criteria:
4.3Statistical Criteria {First Order Test}
4.3.1.Coefficient of Multiple Determinants {R2}:
4.4Econometrics 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
5.1Summary of findings
5.2Conclusion
5.3 Recommendations
BIBLIOGRAPHY