Privatization in Nigeria: the Cost and Benefits Analysis

PRIVATIZATION IN NIGERIA: THE COSTS AND BENEFITS ANALYSIS (A CASE STUDY OF TWO PRIVATIZED ENTERPRISES) By NAZE, VITALIS C. (NAU/2006114971)

DEPARTMENT OF ECONOMICS, FACULTY OF SOCIAL SCIENCES, NNAMDI AZIKIWE UNIVERSITY, AWKA

OCTOBER, 2010

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PRIVATIZATION IN NIGERIA: THE COSTS AND BENEFITS ANALYSIS (A CASE STUDY OF TWO PRIVATIZED ENTERPRISES) By NAZE, VITALIS C. (NAU/2006114971)

A PROJECT SUBMITTED TO THE DEPARTMENT OF ECONOMICS, FACULTY OF SOCIAL SCIENCES, NNAMDI AZIKIWE UNIVERSITY, AWKA

IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF BACHELOR OF SCIENCE (B.SC) DEGREE IN ECONOMICS

OCTOBER, 2010

CERTIFICATION I certify that this research work titled: PRIVATIZATION IN NIGERIA: THE COSTS AND BENEFITS ANALYSIS (A CASE STUDY OF TWO PRIVATIZED ENTERPRISES) carried out by Naze Vitalis C. has been read and approved as having met the requirements of the Department of Economics, Nnamdi Azikiwe University, Awka for the award of Bachelor of Science (B.Sc) Degree in Economics.

_________________ Dr J. Tchokote (Supervisor)

______________ Date

___________________ Dr Nkem Okeke (Head of Department)

______________ Date

DEDICATION This research work is dedicated to God almighty and our blessed mother Mary, whose divine providence saw me through my academic voyage.

ACKNOWLEDGEMENT Gold and silver I may not have, but I believe the little at my disposal will do even better in conveying my heartfelt

appreciation to all who contributed in one way or the other towards the success of my academic journey. First on the list is my wonderful and ever-ready-to-help

supervisor, Dr J. Tchokote. Doc, you are the best! Also, my dogged team of lecturers who never relented in nurturing me with the right knowledge; to them I say thanks and God bless. Furthermore, my parents as well as my brothers and sisters, especially Juliet and Linda, whose financial companionship never departed from me; to you I say, your efforts shall never...