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IMPACT OF COMMERCIALIZATION ON PUBLIC ENTERPRISES IN NIGERIA

IMPACT OF COMMERCIALIZATION ON PUBLIC ENTERPRISES IN NIGERIA

 

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IMPACT OF COMMERCIALIZATION ON PUBLIC ENTERPRISES IN NIGERIA

ABSTRACT
The study investigates the relationship between commercialising firms in Nigeria. It also intends to look into why the country’s state enterprises are being commercialised. Commercialization-related issues and their impact on the Nigerian economy as a whole are carefully evaluated.

The study’s facts were gathered using both primary and secondary data collection methods. The government has long examined these firms’ contribution to economic growth.

During the course of this analysis, it was determined that the majority of those public enterprises, if not all, imposed an unjustified high strain on government resources. As a result, commercialization is viewed as a tool for economic reform.

The findings also reveal that its implementation has a favourable impact or is satisfactory. Finally, it is apparent that commercialization will benefit the economy.

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