Abstract:
In Sokoto Nigeria and Federal Government owned enterprises is
the expectation action that the rate of growth and development may be
satisfied through promotion of such enterprises.
The adoption of privatization as an alternative development plan
must have been of pernicious one for some element of the Nigeria ruling
class. This is because public enterprises have tended to become
important revenue for serving ethic based distribution interest indeed
the recent call for reversal of the exercise in the lending banks in the
country is seen as the consequences of apparent loss of influence, which
the privatization exercises has endangered within this cycle.