Privatization and the Future of the Public Sector in Nigeria
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M.P. GINAC Concept Ltd.
Abstract
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This paper examines the place of privatization and the future of
the public sector in Nigeria. In doing this, the meaning of
privatization was discussed, the benefits of privatization was
identified, the short comings of the public sector management of
public enterprises that necessitated the privatization policy of
government in the first instance was noted, and the future of the
public sector in Nigeria was advocated. Though privatization
policy of the government is good, it must be carried out in a
transparent and genuine manner for it to achieve its goals and
objectives by all in the society. Government therefore, must
pursue its privatization policy of state-owned enterprises to free
the public sector of it, to enable the public sector to pursue
activities where it has the greatest comparative advantage over
the private sector like the provision of enabling environment and
adequate provision of security of lives and properties that will
enable economic activities to flourish in the society .
Keywords
JA Political science (General)