ABSTRACT
The major purpose of this study is to ascertain the effects of privatization and commercialization policy on economic development using power holding company of nigeria ekwulobia as a case study. The reason behind using the power holding company of nigeria is because it is one of the public enterprises that its product has the widest consumption. The population of the study consisted of 254 workers in phcn ekwulobia anambra state. The sample size was determined using yaro yamene formular. The sample of 155 out of 254 was drawn using simple random sampling. Five research questions were formulated which guide the study. A structured questionnaire was developed and validated for use. Table and percentage were used to answer the research questions. The major findings of the study were: (1) there is general discontent by the public about phcn’s services (2) there was serious fluctuating power supply from late 1992 to date (3) political instability has contributed to the problems of phcn (4) phcn has not registered as a public limited company. Thereafter, it was concluded that: (1) the general public were dissatisfied with the poor services of the phcn. (2) the serious fluctuations in the supply of power was caused by breakdown of the power holding company’s power stations. (3) political instability in our country has made it difficult for the successful privatization of phcn. The following recommendations were made: (1) phcn should establish a good public relation. (2) there should be rehabilitation and maintenance of the power stations. (3) efforts should be made by government and stakeholders for a successful privatization and commercialization of phcn.
TABLE OF CONTENTS
TITLE PAGE i
APPROVAL PAGE ii
DEDICATION iii
ACKNOWLEDGMENT iv
ABSTRACT vi
TABLE OF CONTENTS viii
CHAPTER ONE
1.0 Introduction 1
1.1 Background of the study 2
1.2 Statement of the problems 5
1.3 Purpose of the study 7
1.4 Significance of study 8
1.5 Research questions 10
1.6 Scope/Delimitation of the study 11
1.7 Limitations of the study 12
1.8 Definition of term 13
CHAPTER TWO
2.0 Introduction 16
2.1 Effects of privatization and commercialization policy 17
2.2 Privatization and commercialization in other countries 23
2.3 Privatization and commercialization In Nigeria 24
2.4 Objectives of privatization and commercialization programme. 30
2.5 Effect of sap on electricity supply problems 32
2.6 Electricity generation and transmission capacities 34
2.7 Sales and revenue collection in a commercialized PHCN 39
2.8 Summary in literature review 42
CHAPTER THREE
3.0 Research methodology 45
3.1 Design of the study 45
3.2 Area of the study 46
3.3 Population of the study 46
3.4 Sample size/sampling techniques 46
3.5 Instrument for data collection 47
3.6 Reliability and validation of the instrument 48
3.7 Distribution and retrieval of the instrument 49
3.8 Method of data analysis 49
CHAPTER FOUR
4.0 Data presentation and analysis 51
4.1 Presentation of findings 51
4.2 Discussion/Analysis of findings 54
CHAPTER FIVE
5.0 Summary of findings, Conclusion and Recommendations 57
5.1 Summary 57
5.2 Conclusion 58
5.3 Recommendations 59
References 60
Appendix 62
Questionnaires 63
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CITE THIS WORK
(2016, 10). The Effects Of Privatization And Commercialization Policy On National Economic Development (a Case Study Of Phcn, Ekwulobia).. ProjectStoc.com. Retrieved 10, 2016, from https://projectstoc.com/read/8120/the-effects-of-privatization-and-commercialization-policy-on-national-economic-development-a-case-study-of-phcn-ekwulobia-6694
"The Effects Of Privatization And Commercialization Policy On National Economic Development (a Case Study Of Phcn, Ekwulobia)." ProjectStoc.com. 10 2016. 2016. 10 2016 <https://projectstoc.com/read/8120/the-effects-of-privatization-and-commercialization-policy-on-national-economic-development-a-case-study-of-phcn-ekwulobia-6694>.
"The Effects Of Privatization And Commercialization Policy On National Economic Development (a Case Study Of Phcn, Ekwulobia).." ProjectStoc.com. ProjectStoc.com, 10 2016. Web. 10 2016. <https://projectstoc.com/read/8120/the-effects-of-privatization-and-commercialization-policy-on-national-economic-development-a-case-study-of-phcn-ekwulobia-6694>.
"The Effects Of Privatization And Commercialization Policy On National Economic Development (a Case Study Of Phcn, Ekwulobia).." ProjectStoc.com. 10, 2016. Accessed 10, 2016. https://projectstoc.com/read/8120/the-effects-of-privatization-and-commercialization-policy-on-national-economic-development-a-case-study-of-phcn-ekwulobia-6694.
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