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Privitization As A Viable Tool For Economic Development In Nigeria
[A CASE STUDY OF M.T.N IN ILORIN]
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1.3 OBJECTIVES OF STUDY
The main objectives of study include the following;
i To strategically examine the effectiveness and efficiency of the MTN Company in the face of privatization exercise in Nigeria.
ii To see how policies put in place by the government would enhance effectiveness of the privatization exercise.
iii To examine how efficient and effective the MTN Company is after the privatization exercise.
1.4 SIGNIFICANT OF THE STUDY
Privatization has assumed a global trandard it is necessary to be abreast with the economic development across the world and in particular within the Nigeria economic.
As earlier mentioned MTN is a catalyst of industrial and economic development of any nation. The sector has witnessed tremendous changes and competition in recent times. Therefore, there is need, the explore the potentials as well as us undertake a sheep look into how efficient and effective the privatization exercise in Nigeria MTN section is order to make meaning contribution. Suggestion and recommendation for the improvement and successful fully privatization policy in Nigeria and in the MTN Company in particular.
1.5 SCOPE OF THE STUDY
This research work will be exhaustive, fact finding entails objectives analysis of the public enterprises performance with particular reference to MTN section. The research will cover wider aspect in decision making relating to:
i The strategies being adopted by the privatization policy of MTN plc in their bid for greater development effectives services delivery.
ii The object of privatization policy as well as the development process.
1.6 LIMITATION OF THE STUDY
The problem which will hinder the smooth process of this write-up may include the following:-
i Timely retires of questionnaire by the respondent.
ii The higher cost that will be involved in carrying out the project.
iii The sensitive nature of the topic may make the respondent unwilling to provide the required data.
iv The interview problem, some those whom the researcher may not able to interview due to the fact that they were so busy or clear avoiding the interview to the feat of feat of possible reappraised from management.
1.7 RESEARCH PLAN OF THE STUDY
This research work amongst other things aimed at studying and evaluating privatization, as a viable tool for development of Nigeria economy with particular reference to MTN.
This study will spring up five chapters:
Chapter one will comprise the general description of the study; introduction of the topic; background of the study, statement of problem, purpose of study, signification of the research, scope, limitation of the research, plan of the study and definitions of the terms used.
Chapter two will be based on the literature review under the write up of various scholars and writers on privatization with the experienced of Nigeria MTN and the benefits and problem of privatization.
Chapter three will take a look at the research method, historical background of the case study, statement of hypothesis population and sample size of study, method of data collection, analysis and testing hypothesis.
Chapter four, the research instrument data analysis will be defined and the testing hypothesis taken place with research findings. Chapter five will be the summary of the entire project work, conclusions and recommendations.
1.8 DEFINITIONS OF THEB TERMS USED
i Privatization: Means any corporation board company or parastatals established by or under any enactment in which the federal government or it agency in enterprises whether wholly or permanently owned by the private hand to manage.
ii Enterprises: Means any of its departmental ministry or agencies has ownership or equity interest and shall include a partnership joint venture or any other form of business arrangement.
iii Commercialization: Means the re-organization of enterprises wholly or partly owned by the federal government in which such commercialized enterprises shall operate as profit-making commercial ventures and without subventions from the federal government.
iv Full privatization: Means the disinvestment by the federal government of all its ordinary shareholding in the designated enterprises.
v Partial privatization: Means the disinvestments by federal government of all its ordinary shareholder in the designated enterprises.
vi Subvention: Means subsidy given to certain services oriented parastals from government.
vii Infrastructure: Amenities available for public and institutional for technical committee on privatization and commercialization.
viii Installation: The provision of services to the user’s end.
ix TCTC: Is the acronym for technical committee on privatization and commercialization.
x Subscriber’s: Telephone users
xi Teledonsity: Telephone penetration rate.
xii Analogue: Telephone system electro-magnetic based.
xiii Digital: Telephone system computer based.
xiv Interconnectivity: System of linking one exchange to another to facilitate connecting of subscribers.
xv Deregulation: Removal of restrictions or regulations on business entry.
xvi Competition: Enabling environment for interplay of marketing forces of demand and supply.
xvii Innovation: Diversification and improvement of varistics.
xviii Exchange: The whole equipment which enables switching operation.
xix Switching: Linkage the originating cells to the desired destination.
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