FAQS

FAQS
But why privatisation?

Experience worldwide has shown that public enterprises have failed to live up to expectations. They tend to consume a large...
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FAQS
What are the impact of privatisation on workforce and employment?

Indeed, with new investments in the privatized enterprises, better resource allocation, operational efficiencies, and better corporate governance are likely to...
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FAQS
Does privatisation lead to overall growth in the economy?

There are, of course, no guarantees but privatisation can be an important element for increasing the workforce in the long...
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FAQS
What are the long-term benefits of privatisation on the economy and job creation efforts?

The sale of public enterprises would reduce the level of employment in the short-run, because of the elimination of excess...
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FAQS
What should be the essential role of the government in making privatisation work?

The government must devise sectoral policies that introduce competition and promote private sector development. It must establish and maintain a...
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FAQS
What are some of the benefits of privatisation to the economy and the society?

Privatisation is not an end in itself, but it is a key tool for improving the efficient allocation of resources,...
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FAQS
What is the case for privatisation?

There is clear evidence that public enterprises have contributed to our economic stagnation and poor national image. Public enterprises have:...
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FAQS
What are the objectives of privatisation?

The objectives, which the Federal Government of Nigeria’s privatisation programme is meant to achieve, are numerous and involve, as a...
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FAQS
Will privatisation help change this?

Yes, privatisation can and will lead to positive change in the current situation by working to reverse these certain dangerous...
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FAQS
What is the current condition of Nigeria’s public enterprises?

There were about 590 public enterprises at the end of 2000, of which only 160 were involved in economic activities,...
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