Abstract:
The main purpose of his study was to determine the impact of
privatization and commercialization of the public enterprise. The
researcher has critically examined the privatization policy of the
federal government with a view to assessing its congruence with the
principles of distributive and social justice. The researcher has
analyzed the problem from the support of social-economic mission of
public enterprises.
The governing frame work of privatization and the level of
explanation of the problems that threaten their real foundation is the
basis of findings.
Consequently argued that the debilitating forces over organizational
political environmental and structural which privatization is set to
exacerbate such, worsen socio-economic inequalities in the country.
And in view of the problems identified obstacle that deepened the
failures of public enterprises in Nigeria which draws up roles towards
the improvement and development of these infrastructure of power
sector