Category: Article

This is an Opinion by Sisaa Agboh. Excerpts: Privatisation: Changing The Face Of the Nigerian Economy By Sisaa Agboh With the recent inauguration of the over N50billion Sunti Golden Sugar Estates in Niger State by President Muhammadu Buhari, the face...

Sisaa Agboh With the recent inauguration of the over N50billion Sunti Golden Sugar Estates in Niger State by President Muhammadu Buhari, the face of the Nigerian economy is undoubtedly changing; courtesy of the reform and privatisation programme of the Federal...

A formal application letter to the Director General clearly stating your area of interest such as: Printing & Publishing Accounting Services Courier Services Engineering Services Financial Advisory Services Issuing Houses Insurance Brokers Legal Advisory Services General Consulting Services (Specify area...

For many, privatisation and commercialisation is simply a massive fire sale of government assets by the National Council on Privatisation (NCP) and its implementation arm, the Bureau of Public Enterprises (BPE). But on the scale of one to ten though,...

Experience worldwide has shown that public enterprises have failed to live up to expectations. They tend to consume a large proportion of national resources without discharging the responsibilities thrust upon them. More importantly, they fail to share out these resources...

Indeed, with new investments in the privatized enterprises, better resource allocation, operational efficiencies, and better corporate governance are likely to pave the way for expansion and job creation. These improvements in turn will bring about better working conditions, higher pay...

There are, of course, no guarantees but privatisation can be an important element for increasing the workforce in the long term. If private management functions on an efficient and profitable basis, it should be expected that its business would increase...

The sale of public enterprises would reduce the level of employment in the short-run, because of the elimination of excess labour. Unemployment, however, is expected to decrease in the medium- and long-run as the rate of growth of the economy...

The government must devise sectoral policies that introduce competition and promote private sector development. It must establish and maintain a strong regulatory framework for the remaining monopolies, public and private, to ensure that fair business practices are adhered to, keep...