Fighting fraud in the public sector 7 bribery and corruption worldwide, 22% of respondents from government and stateowned enterprises that experienced economic crime reported cases of bribery and corruption in the last 12 months. Bureau of public enterprises the guardian nigeria news. A brief introduction to the historical background of indigenisation before 1970 is followed by an account of the timing of the decrees in the context of the oil boom in the. The advent of the concept of welfare state after the second world war and the increasing developmental initiative undertaken by government across the world, the system of. Public corporation is defined as a large scale business organization that is set up, owned and financed by the government of a country. Nevertheless, public enterprises are in dilemma of some management constraints, which tend to hinder their goals and objectives. It overtook south africa to become africas largest economy in 2014.
The growth of public enterprises in nigeria came against the background of sudden windfall from the oil sector. This is a worldwide list of governmentowned companies. For instance, attempts were made to privatize nepa when the law that sets it up prohibits private ownership of electric company in nigeria. Analysis of the success of public enterprises in nigeria scholarworks. Against, the background of the above explication, this research work empirically explored into the management of public enterprises in nigeria with a particular reference to nigeria television. The purpose of which is to investigate the management problems of nta, awka and as well proffer solution to such problems. In nigeria, if economic success had followed, the public enterprise sector would have been lauded.
Hanson, whose book on public enterprise and economic development is to be published early next year, is reader in public administration at the university of leeds. The paper sees determinants of pricing policy in nigerian public sector enterprises to be among others, the financial and non financial objectives for establishing the enterprises, the market structure, the nature of the economy and its vertical and horizontal linkages for a specific commodity. A brief introduction to the historical background of indigenisation before 1970 is followed by an account of the timing of the decrees in the context of the oil boom in the countrys economy. Pdf analysis of the performance of public enterprises in nigeria. Nigeria is the most populous cou ntry in africa, the second biggest economy, the third largest military power and the biggest oil producer 10th oil producer in the world. An overview nigeria is a country blessed with abundant resources. Public enterprises privatisation and commercialisation act arrangement of sections part i privatisation and commercialisation of public enterprises section 1. View enhanced pdf access article on wiley online library html view.
Classification and types of companies in nigeria private. In nigeria, many of the public enterprises started to mature in the early eighties. Analysis of the performance of public enterprises in nigeria. Similarly, it is through their intervention that government began to think of.
The study revealed that public enterprise sector in nigeria is characterized by poor performance, mainly as a result of political interference and corruption. Nonetheless, the cbn act 2001 placed the level of employment by small scale enterprises of less than 50 and medium scale enterprises of less than 100 labour forces. The study focuses on the role of public enterprises in economic development in nigeria. A public corporation is a large scale business organization set up, owned and financed by the government of a country with the aim of providing services to the members of the public. Bureau of public enterprises nigeria and world news the. Nigerias pes were faced with myriads of problems which made government to embark on pes sectorwide reforms via privatisation with the hope of giving more efficient structure to the nigerian economy with attendant benefits accrue to the generality of the. Hansen says, public enterprise means state ownership and operation of industrial, agricultural, financial and commercial undertakings. State owned enterprises in ghana state enterprises.
These are government owned institutions that provide basic and essential services. The role of public enterprises in economic development in. The aic reported that in the 200809 year there were 75 incidents of bribery of an employee. The topic the impact of bureaucracy in nigeria public enterprises was specifically chosen to emphasis and illustrate the extent to which bureaucracy has been efficient and its ineffective in the operation of nigeria public administration. If not impossible to break through infact, productivities in most public enterprises, efficiency almost nil. For example, as of october 2019, china alone has more than 350 individual entries in its governmentowned companies of china category page the paragraph that follows was paraphrased from a 1996 gao report which investigated only the 20thcentury american. Pdf over the years, public enterprises have been adjudged to be a critical prerequisite for the development of any nation. Secondly, the antecedents of the nigerian public corporations are quite different from the british. The role of public enterprises in economic development in nigeria. The nigerian enterprises promotion decrees 1972 and 1977. Effectiveness of pricing policy in nigerian public sector. In addition, privatization of public enterprises is being pursued with scant regard to the laws of the country.
Another reason for establishing public enterprises, especially in developing countries, has been to stimulate and accelerate national development under. One of the motivating factors for establishing public enterprises in nigeria is to facilitate social and economic development in sectors that are not considered. The various types of public enterprises that have emerged in the country since political independence may be classified into four 4 categories viz. Public corporations companies in nigeria including lagos, abuja, benin city, calabar, ibadan, and more. In britain, the nationalised industries took over enterprises. Nigeria enterprises promotion decree the nigeria enterprises promotion decree which often refers to as indigenization policy was promulgated with effect from 1972. An empirical exploration augustine ehijeagbon akhidime abstract financial reporting is one of the best indices of accountability. Nigeria is a federal republic in west africa, bordering benin in the west, chad and cameroon in the east, and niger in the north. Also, private entrepreneurs are familiar with the corporate form of organization and feel more at home in doing business with a public corporation which can sue. It is expected that every necessary infrastructure needed to drive the economy are put in place to enable business and all other economic activities thrive accordingly. The public enterprises in nigeria as well as in other developing countries, became active in the sectors such as manufacturing, construction, finance service, utilities, transportation, agriculture, natural resources anikeze and ngwu, 2009. For instance, attempts were made to privatize nepa when the law that sets it up prohibits private ownership of electric company in. Public enterprises in nigeria are set up to perform some roles and objectives in the society which are presumably assumed to be inappropriate for the private sector to handle. So, what are the problems of public enterprises in nigeria.
For example, the bureau of public enterprises charged with privatization of publicowned companies had by 2010 raked in n510 billion local currency after selling off government stake in 145 firms imimole and izuagie, 2014, p. The advent of the concept of welfare state after the second world war and the increasing developmental initiative undertaken by government across the world, the system of public enterprises was developed. Floxy queens enterprises limited info email web phone km 48 lekkiepe express road olonkonla ajah after lagos business. Nigeria is a fragment abuse of this provision of the constitution. The paramount aim of the decree was to give nigerians the desired involvement in the control, management and ownership of the countrys productive enterprises. Public enterprises in nigeria politics essays essay. For instance, it is through the intervention of these commissions of enquiry that public enterprises experienced rapid growth in nigeria between 1970 and 1980. A reflection on public enterprise sector in nigeria. But unfortunately, in the contemporary nigeria, the. A reflection on public enterprise sector in nigeria semantic scholar. The thesis is a comprehensive examination of the nigerian enterprises promotion decrees of 1972 and 1977, and more broadly of the process of indigenisation in nigeria.
For example, as of october 2019, china alone has more than 350 individual entries in its governmentowned companies of china category page. An assessment of the performance of public enterprise sector in. This enterprise is financed from the money raised by the government through the taxation and other means. However, in order to investigate this, relevant data were collected through both primary and secondary sources such as direct. In a nutshell, nipost is generally not so insulated from the usual inefficiency and malfunction, which pervades and undermines the relevance of public enterprises in nigeria ezeani, 1995. Pdf performance of public enterprises in nigeria and the. This list can be considered as nonexhaustive because of lack of space and time. Contributed to the growth of small and medium scale enterprises in nigeria. Public enterprise, a business organization wholly or partly owned by the state and controlled through a public authority. Floxy queens enterprises limited info email web phone km. E 2 1 department of public administration, federal polytechnic bida niger state, nigeria. Review of public administration and management vol.
Its seven most populous cities each house more than one million people, and about one out of two west africans is from nigeria. Pdf public enterprises are created in all countries of the world to accelerate economic and social development. The paper public sector restructuring and governance in nigeria. The policy was approved by the federal executive council fec. Public enterprise literally means business enterprises that are owned and managed by the government which might be the state, federal or the local government or its agencies. Khera defines state enterprises as the industrial, commercial and economic activities, carried on by the central or by a state government, and in each case either soley or in association with private enterprise, so long it is managed by selfcontained management. Nov 11, 2017 the motivated recession that the nigeria economy has been planned into since the beginning of the last elected has posed several problem and challenge to the answer and managers of enterprises operating in a difficult. There is also a group concern about the high motility in the agro.
This paper examines the nigerian public enterprises and attempts expatiations on the status of its performance from the standpoint of modern organisation theory. A reflection on public enterprise sector in nigeria international. Enterprises under this schedule cover those in the telecommunications sectors, petroleum sectors, fertilizer manufacturing companies, machine tools, gas, steel and aluminum sector, mining and solid mineral sector, media. The bureau of public enterprises bpe serves as the secretariat of the national council on privatisation ncp and is charged with the overall responsibility of implementing the councils policies on privatisation and commercialisation functions. These are enterprises that produce infrastructural goods and services like electricity, water, telecommunication etc. Public corporations companies in nigeria company list. Public corporation means an entity that is created by the state to carry out public missions and services. These reforms did not only effect the civil service in isolation. But there was policy departure with the advent of democracy in nigeria in 1999 as the federal government embraced privatisation policy as a way of bringing about efficient management of the national economy. The study soughs to ascertain the role of public enterprises in improving the standard of living in nigeria. Public enterprises compete for the lean economic resources available thereby creating diseconomies and reduction in productive capacity. Thus, the methodology adopted for obtaining data was based on documentary secondary data obtained from academic journals, conference papers, articles, textbooks, and the world wide web cyber internet. A reflection on public enterprise sector in nigeria adam adem anyebe department of public administration, ahmadu bello university, zaria, nigeria abstract a great deal of comments have been made on the controversies surrounding the existence of public enterprise in nigeria that there is the need to have a reflection on the sector. The public enterprises came into existence as a result of the expanding scope of public administration.
Public enterprises in nigeria can be broadly grouped into two types. The firstever national policy on micro, small and medium enterprises msmes was developed by the agency with technical and financial support from the african institute of applied economics aiae and the united nations development programme undp respectively, in 2007. Implementation of the ncp policies on privatisation and commercialisation. Oct 03, 2014 analysis of the performance of public enterprises in nigeria 1. This study examines the unintended consequences otherwise called the dark side of privatisation of public enterprises pes in nigeria. Public enterprises in nigeria nigerian economic society on. Also because of the unattractiveness of some sectors such as the water and agroallied industry government has to come in to invest in the area. Preparation of public enterprises approved by the ncp for privatisation.
New public management and public service effectiveness in. Public sector restructuring and governance in nigeria. The growth of public enterprises in nigeria came against the background of sudden windfall from the oil sector in the 1970s. Privatization of public enterprises and productivity. Enterprises covered in the list are those of infrastructure and utility companies such as cement companies, commercial and merchant banks, agroallied sector, motor vehicles and truck assembly companies and hotels. Generally speaking, the performance of public enterprises in nigeria over the years has been abysmal and marred by gross inefficiency. Some public enterprises are placed under public ownership because, for social reasons, it is thought the service or product should be provided by a state monopoly. The bureau of public enterprises bpe, has expressed satisfaction at the level of compliance with the postacquisition plan by all the concessionaires at the apapa ports, lagos. A company where the liability of its members is limited by the memorandum to the amount, if any, unpaid on the shares respectively held by them. Development, downstream oil sector, institutional capacity, nigeria, subsidy, new public. Commercialization of public enterprises in nigeria. But measured by all known financial and economic criteria, public enterprises in africa are inefficient. Other factors that accelerated the growth of nigerias public sector were the indigenization policy of 1972 as enacted by the nigerian enterprises promotion.