Select Currency
Translate this page


Format: MS WORD  |  Chapter: 1-5  |  Pages: 50  |  754 Users found this project useful  |  Price NGN3,000







The concept privatization denotes the transition from one ownership structure to another. It is the transfer of some public institutions. Government holdings to private individuals or corporate bodies. Privatization is a relatively new word in the English Language, it does not appear to have found its way into English Dictionary. The concept of “privatization” means to make “private” or to convert from public to private ownership. It denotes a transition from one form to another. However, even though the “private in privatization refers to the private sector. It does not automatically connote private ownership in the sense of being owned by less than fifty (50) persons as set out by companies Act private refers purely to the sector of the Economy and usually within the private sector.

There are private companies and there are public companies. It is the strong indication of the Federal Government to allow private sector more participation in the Economy to pursue grate efficiency in certain parastatals, through privatization Government arguments for wanting to privatize some of its parastatals among others are poor performance. It also aims at removing wastage and inefficiency in those companies.

The effect of privatization in an Economy will depend on low mixed the economy is, one can then ask what is meant by mixed economy. Mixed economy as defined in the “Webster third new international dictionary is an economy in which both privately and publicity owned enterprise operate simultaneously”. In other words, it simply refers to an economic system whereby ownership of means of production and distribution is shared between the public and private sectors in such a way that dominance by any sector is not easily discernible. Privatization is therefore inevitable and indeed natural to this type of development process.

1.2    PURPOSE OF THE STUDY                                           

The study can be viewed as a contribution to greater understanding of privatization as an instrument that can be employed to increase productivity. The purpose are stated below:-

- Identity and access sources of revenue.

- Look into the concept of privatization in AP.

- The impact of privatization on the Economy.

- Access the effectiveness in achieving the set objective of the organization.

- Formulate new privatization strategies to supplement or replace existing ones that might be found ineffective.

- Make recommendation aimed at providing solutions to the problem of low productivity.               

- Discover and recommend other relevant areas for further research work.

- Prospects and problems of privatization.

- Reasons for public enterprise in Nigeria.

- The financial implication of privatization.

1.3   SIGNIFICANCE OF STUDY               

The findings of this research will be partial and theoretical significance not only with reference for the organization studied, but also with regard to the available knowledge about the impact of privatization on the economy. Many research studies have been carried out on the problems and potentials of the African Petroleum (AP) and the researchers have made their views known. They are all calling for one form of reformation or the other in the organization.

That not withstanding, this study is a contribution to the body of knowledge existing in the field of privatization. The relevance of this study however is the focusing of attention on the ways by which African Petroleum (AP) efficient performances can be divided. This will definitely ensure better services to the numerous customers with the multiplier effect of improved productivity increase on the level of the economy and also in the enhancement of the social well-being of the populace.

1.4   PROBLEMS ANALYSIS                             

The privatization programme of Government parastatals was initiated to enable them arrest the inadequacies inherent in some public institutions. Although the scheme appear executed to its logical conclusion, attainment of efficiency in the institutions under reference appear illusive. The managers of these institutions and other policy makers are now in a dilemma as to be reasons for the highlighted issue. The problem of indiscrimate, way in which prices of service rendered by those privatized parastatals cannot be over-emphasized. If they are not appropriately controlled their activities may cancel the entire gain from privatization.

1.5  LIMITATION OF STUDY                    

Because of financial constraints, time frame and data collection, the research of this study will be limited to African Petroleum Lagos Office. Thus I shall expatiate the following factors as follows:

FINANCIAL CONSTRAINT: The research will seriously be affected by non-availability of fund. This however, is caused by the poor standard of living of people in the country, which emanated from economic situation of the country and high rate of inflation which has caused prices of commodities and other materials needed by the research to increase.

TIME FRAME: The time frame scheduled for the completion of the research is too limited and thus, jeopardizing the findings.

DATA COLLECTION: It should be noted that due to the nature of a typical African man, it is always difficult to get or collect information from him without him not thinking otherwise. Another aspect is that concerning developing countries in which Nigeria is one. It is difficult to retrieve information from the populace because people prefer to keep their privacy. In a situation where data over the years are needed, such data are not often possible to collect.

1.6  SCOPE OF STUDY                             

This research work is supposed to have covered the whole federation, since the services rendered by AP Plc is nationwide but for time and financial constraints, it will be limited to Lagos metropolis few organizations from both private and public sectors of the economy were selected for interview. It is assumed that whatever result is obtained from this study will be useful for the Government and the country as a whole. For the purpose of this study the following sources of information would make use of Data Collection technique (primary) primary data. The bulk of the data of this research would emanate personal interview, oral interview and questionnaire. Secondary source of data – These are data collected from journals, newspaper, periodicals and textbook.

SECTION A – The question would be administered to various categories of staff at selected Government parastatals, private sector narrowing it down to (AP Plc).

SECTION B – This would be in two stages.

First stage: General consumers/customers for the purpose of this study, twenty officers from selected parastatals would be interviewed.

Second stage: That schedule would be directed to some top officials of African Petroleum Plc.

1.7   RESEARCH QUESTIONS                              

-  Has privatization programme improved AP services.

-  Is inefficiency of AP Plc attributable to inadequate privatization strategies.

- What are the available facilities that can enhance higher productivity in AP a result of inadequate facilities.


- Privatization programme have not improved AP services.

- Inefficiency in AP is attributable to inadequate privatization services.

- In efficiency in AP is attributable to inadequate privatization strategies.

- The available facilities in AP can enhance higher productivity.

- Low productivity in AP is due to inadequate facilities.

1.9    DEFINITION OF TERMS               

(a) Corporate productivity: This refers to the target an organization strives to meet in terms of product distribution.

(b) Privatization: This refers to conversion or transfer of government owned institution to private ownership.


ODIFE, D.O. The challenge of Privatization (London Macmillan Education Limited) 1985.  

ZAYYAD,H.R“Guideline on privatization and commercialization of Government Enterprise” National Concord Newspaper 12th December, 1988. pg. 7-14.

Webster Third International Dictionary Vol. 11 (H-R) 1448, 1975.



Not The Topic You Are Looking For?

For Quick Help Chat with Us Now!

+234 814 010 7220

+233 55 397 8005


  • Click on the Download Button above.
  • Select any option to get the complete project immediately.
  • Chat with Our Instant Help Desk on +234 814 010 7220 for further assistance.
  • All projects on our website are well researched by professionals with high level of professionalism.

Here's what our amazing customers are saying

Dau Mohammed Kabiru
Kaduna State College of Education Gidan Waya
This is my first time..Your service is superb. But because I was pressed for time, I became jittery when I did not receive feedbackd. I will do more business with you and I will recommend you to my friends. Thank you.
Very Good
Uduak From Uniuyo
IProjectMaster is the best project site for students. Their works are unique and free of plagiarism!
Musa From Ahmadu Bello University
Thank you iprojectmaster for saving my life, please keep it up and may God continue to bless you people.
Temitayo Ayodele
Obafemi Awolowo University
My friend told me about iprojectmaster website, I doubted her until I saw her download her full project instantly, I tried mine too and got it instantly, right now, am telling everyone in my school about, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work
Very Good
Samuel From Ajayi Crowther University
You guys just made life easier for students. Thanks alot
Ahmadu Bello University
I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!
Azeez Abiodun
Moshood Abiola polytechnic
I actually googled and saw about iproject master, copied the number and contacted them through WhatsApp to ask for the availability of the material and to my luck they have it. So there was a delay with the project due to the covid19 pandemic. I was really scared before making the payment cause I’ve been scammed twice, they attended so well to me and that made me trust the process and made the payment and provided them with proof, I got my material in less than 10minutes
Very Good
Merry From BSU
I am now a graduate because of, God Bless you guys for me.
Stancy M
Abia State University, Uturu
I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much iprojectmaster, infact, I owe my graduating well today to you guys...
Ajayi Crowther University, Oyo
I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!


How do I get this complete project on THE IMPACT OF PRIVATIZATION ON NIGERIAN ECONOMY?

Simply click on the Download button above and follow the procedure stated.

I have a fresh topic that is not on your website. How do I go about it?

How fast can I get this complete project on THE IMPACT OF PRIVATIZATION ON NIGERIAN ECONOMY?

Within 15 minutes if you want this exact project topic without adjustment

Is it a complete research project or just materials?

It is a Complete Research Project i.e Chapters 1-5, Abstract, Table of Contents, Full References, Questionnaires / Secondary Data

What if I want to change the case study for THE IMPACT OF PRIVATIZATION ON NIGERIAN ECONOMY, What do i do?

Chat with Our Instant Help Desk Now: +234 814 010 7220 and you will be responded to immediately

How will I get my complete project?

Your Complete Project Material will be sent to your Email Address in Ms Word document format

Can I get my Complete Project through WhatsApp?

Yes! We can send your Complete Research Project to your WhatsApp Number

What if my Project Supervisor made some changes to a topic i picked from your website?

Call Our Instant Help Desk Now: +234 814 010 7220 and you will be responded to immediately

Do you assist students with Assignment and Project Proposal?

Yes! Call Our Instant Help Desk Now: +234 814 010 7220 and you will be responded to immediately

What if i do not have any project topic idea at all?

Smiles! We've Got You Covered. Chat with us on WhatsApp Now to Get Instant Help: +234 814 010 7220

How can i trust this site?

We are well aware of fraudulent activities that have been happening on the internet. It is regrettable, but hopefully declining. However, we wish to reinstate to our esteemed clients that we are genuine and duly registered with the Corporate Affairs Commission as "PRIMEDGE TECHNOLOGY". This site runs on Secure Sockets Layer (SSL), therefore all transactions on this site are HIGHLY secure and safe!