FINANCING COMMERCIALISED PUBLIC CORPORATIONS THROUGH CAPITAL MARKET

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dc.contributor.authorALIYU, MUHAMMAD BALA
dc.date.accessioned2014-03-22T10:21:23Z
dc.date.available2014-03-22T10:21:23Z
dc.date.issued1999-03
dc.descriptionDept. of Business Administration Institute of Administration A.B.U. Zaria.en_US
dc.description.abstractABSTRACT The last few decade saw the Nigerian Public sector being lambasted for poor performance, mismanagement of resources, corruption, embezzlement, to mention but a few. In particular the public corporations seem to be drawn in the sea of inefficiency; ineffectiveness; poor funding; absolute reliance on government grants and subventions; lack of qualified management Staff; corruption; etc which stops them from achieving their statutory objectives. The Federal Government, in an attempt to redeem their lost glory, put in place a number of policy measures aimed at redefining, redirecting and injecting goal attainment in the public corporations. Structural Adjustment Programme (SAP) to be precise, commercialisation and privatisation policies were vigorously pursued by the government. The researcher singles out some of the objectives contained in commercialisation policy namely: To encourage public corporations to approach and secure fund through the capital market without government guarantee ; To encourage them to survive without government subvention The researcher attempted a review of the Nigerian economy; the Nigerian Public Corporation; the Commercialisation and Privatisation policy; the Nigerian capital market. Using NITEL as a case study, the researcher examined the extent to which public corporations had first been able to survive without government funding and secondly the efforts they had made towards raising required finance through the Nigerian Capital Market. Equally, we considered the ability and preparedness of the capital market to accommodate these corporations. Finally, recommendations were made on how to ensure adequate telecommunication services at minimum cost; the role the NITEL and PTC should not play the development in telecommunication industry, the government should not practise but fully commercialise public corporations.en_US
dc.identifier.urihttp://hdl.handle.net/123456789/4161
dc.language.isoenen_US
dc.subjectFINANCING,en_US
dc.subjectCOMMERCIALISED,en_US
dc.subjectPUBLIC,en_US
dc.subjectCORPORATIONS,en_US
dc.subjectTHROUGH,en_US
dc.subjectCAPITAL,en_US
dc.subjectMARKET,en_US
dc.subjectCASE,en_US
dc.subjectSTUDY,en_US
dc.subjectNITEL.en_US
dc.titleFINANCING COMMERCIALISED PUBLIC CORPORATIONS THROUGH CAPITAL MARKETen_US
dc.typeThesisen_US
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