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Title
Private Placement Method of Privatisation in Nigeria |
Full text
http://dspace.unijos.edu.ng/handle/10485/379 |
Date
2002 |
Author(s)
Amupitan, Joash O. |
Abstract
The idea of privatisation in Nigeria was first muted in 1980 during the Shagari regime when a Presidential Commission on Parastatals was set up to examine the operation of all public parastatals with a view to determining the basis for a new funding scheme, appropriate capital structures as well as incentive measures to enhance productivity and general efficiency. The Commission's report revealed that the public enterprises were invested with wide range of problems including misuse of monopoly power, defective capital structure, mismanagement, corruption and nepotism. Consequently, the Presidential Commission recommended that An increased role by private sector should be considered especially in these parastatals where security and other sensitive aspect of public policy are not as paramount as the satisfactory delivery of service to the people 1 The Shagari administration accepted this recommendation in 19822 but up to the time it was overthrown on 31st December 1983, it had not come up with any guidelines on what should constitute "increased role for the private sector in those parastatals." The Commission no doubt recommended a form of privatisation of some public enterprises - Faculty of Law, University of jos |
Subject(s)
Law; Economics |
Language
en |
Publisher
Faculty of Law, University of Jos |
Relation
Volume 2 |
Type of publication
Article |
Repository
Jos - University of Jos
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Added to C-A: 2017-01-25;09:26:46 |
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