AN ASSESSMENT OF PRIVATIZATION POLICY ON COMMUNICATION INDUSTRY IN NIGERIA
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Date
2008
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Faculty of Social Sciences, Adekunle Ajasin University, Akungba.
Abstract
This paper examines the implication of privatization policy on communication
industry in Nigeria. The commercialization and privatization policy aims at reducing
the size of the public sector economy, restructuring government's expenditure
policies and fostering financial discipline in affected enterprises such that the
overall result would culminate in the improvement of the efficiency of public
administration and the reduction of government's fiscal deficit in order to improve
the uncomfortable state of public finances.
The study is based on the assumption that one of the primary objectives of the
commercialization and privatization programme is the improvement of economic
(productive and allocative) efficiency of enterprises. Empirically, this objective is
best attained under a competitive market environment where prices are set equal to
the MC of production. (The contestable market theory: Baund 1982). The study is
limited to NITEL Plc.
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Citation
Akindele, I.T. (2008): An assessment of privatisation policy on communication industry in Nigeria. Akungba Journal of Management. 1(1); 159-172, Published by Faculty of Social Sciences, Adekunle Ajasin University, Akungba.