A reflection on public enterprise sector in nigeria. Effects of political instability on the performances of. Abstract the research work titled, the effects of privatization on public enterprises in nigeria, has revealed that over two decades old privatization of public enterprises in nigeria since 1988 had significant positive effects on the economy and the polity in the first place. The effect of globalization on the performance of small and medium sized enterprises in the united states.
This work was prompted by the research desire to find o how performance management system can enhan ce the performance of staff of public enterprises in nigeria. It argues that nigeria has basic legislations for regulation the code of. Driver et al 2001 suggests that the link of smes performance and economic growth remains complex, and. Public sector performance score for ue countries pspue, which represents the objective of the current work, aims to quantify and present the real situation in terms of public sector performance.
Pdf an analysis of the poor performance of state owned. Pdf over the years, public enterprises have been adjudged to be a critical prerequisite for the development of any nation. This paper examines the nigerian public enterprises and attempts expatiations on the status of its performance from the standpoint of modern organisation theory. 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. Analysis of the performance of public enterprises in nigeria ogohi. Challenges and opportunities by teresa curristine, zsuzsanna lonti and isabelle joumard this article examines key institutional drivers that may contribute to improving public sector efficiency and focuses on one of them in more detail. Prior to our independence, we had essential services like railways, telephone, posts and telegraphs, ordnance, port trusts etc. The study covered 54 quoted private companies in nigeria for a 5year period ranging between 20 and 2017. Privatization and enterprise performance in nigeria. One of the inheritances of nigeria from her colonial masters is an extensive public sector. An assessment of the performance of public enterprise. The major findings of this study include the following. Nevertheless, public enterprises are in dilemma of some management constraints, which tend to hinder their goals and objectives.
Nothing can be done without the permission of government. The policy and performance are discussed in parliament. 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. In nigeria the performance of staff of executing agencies or public enterprises is limited to budget monitoring and annual performance evaluation. This study appraises the postprivatization performance of some privatized enterprises in nigeria. Title page the impact of job satisfaction on employee. This stimulated the tempo of public sector intervention in the economic development process. Performance of public enterprises in nigeria and the privatization option. But over time their performance declined and invariably led for calls for their privatization. An assessment of the performance of public enterprise in nigeria a case study of nitel 1985 2008 an assessment of the performance of public enterprise in nigeria a case study of nitel 1985 2008 abstract it is because of social issues like economic inequalities, unemployment that made the state to interfere in economy of nigeria. A survey of selected small scale enterprises in ikosiketu council development area of lagos state, nigeria obiwuru timothy c. Public corporations are establishments and enterprises that are government owned and run that came into being through acts of parliament or statutes, decrees or edicts to provide essential social and welfare services to the citizens of the country.
It foc es on managing the indiv id l and work environment in sh a manner that an individ lteam can achieve set organizational goals. Department of actuarial science university of lagos, nigeria okwu, andy t. Goal setting and performance appraisal in nigerian public. Performance management is a new concept in human resource management. Theory and practice page 7 public administration is the machinery used by the service state to place itself in a position to make plans and programmes that can carried out, and to carry out the plans and programmes it has made. Unresolved challenges and new opportunities this publication features the papers. Motivation and effective performance of academic staff in. A case for performance management in the public sector in nigeria.
The growth of public enterprises in nigeria came against the background of sudden windfall from the oil sector in the 1970s. 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. To determine whether poor financing constitute a major challenge in the performance of smes in portharcourt city. Pdf public enterprises are created in all countries of the world to accelerate economic and social development. Under public corporation act 1961, statutory companies or public corporation are established. During twentieth century various governments started participating in industrial and commercial. The importance, how to, effect causes relationship, comparison, history, role, solutions are discussed. Performance of public enterprises in nigeria and the privatization option article pdf available march 2014 with 3,598 reads how we measure reads.
The public sector in nigeria has suffered setbacks which are largely attributed to ineffective and inefficient management. Performance appraisal and public sector performance in. Before going into the types of public enterprises in nigeria, its good to know that public enterprises. Get free research paper on impact of privatization policy on the performance of public sector organizations in nigeria. Corresponding author department of economics, banking and finance. Actual measurement of performance should be based on returns on assets and labour productivity. Privatization and commercialization of nigerian national. Performance evaluation for public enterprises english abstract. Analysis of the performance of public enterprises in nigeria.
An assessment of the performance of public enterprise sector in. Factors affecting the performance of small and medium. Yet, increasing evidence indicates that most public enterprises either do not contribute strongly to national development or do not perform their public service functions effectively and efficiently, leading to policymakers engaging in continuing debates over whether or not stateowned. E 2 1 department of public administration, federal polytechnic bida niger state, nigeria. This is because hardly any senior official in a public enterprise. Privatizationcommercialization of stateowned enterprises.
The history of public enterprises in the usa dates back in the nineteenth century and was characterized by the state chartered banks in which the federal government has significant portion of the stocks. The public enterprises reform was an integral part of the structural adjustment programme sap in 1986. A critical evaluation of their performance course public administration grade 2. The legal framework, for the program is the public enterprises privatization and commercialization act and it consists of the vice president as chairman, the minister of finance as vice chairman. What are the problems of nigeria enterprises answers. It focuses on the development and performance of nigeria s public enterprises, the nature and objectives of the program, its theoretical framework, and some concerns that. This study, therefore, attempted to reflect on the performance of the public enterprise sector and the reasons for scaling it down. Performance of small and medium enterprises smes in bauchi metropolis, nigeria mohammed ibrahim department of accounting, gombe state university, p. Performance evaluation is not a simple task in private enterprises and it is all the more complicated in public enterprises. Public enterprise, a business organization wholly or partly owned by the state and controlled through a public authority. Public enterprises as a form of business organisation have gained importance only in recent times. Public and private schools how management and funding relate.
Political instability on the performance of public enterprises can be said to be a frequent change in the style of leadership of the nation as a whole and that of the board of directions. Impact of marketing strategy on business performance a study. The impact of privatization on the performance of public enterprises in nigeria. In the words of ogunna 1999, the poor performance of public enterprises in nigeria can be approached from the perspective of inadequate financial and material resources, poor management, corruption and lack of continuity of public corporation boards. The specific indicators examined are profitability, productive efficiency, employment, capital investment, output, prices and taxes. The study sought to ascertain the role of public enterprises in improving the standard of living in nigeria, to determine the nature of the relationship between public enterprises and employment generation, to ascertain challenges encounter by public enterprises in contributing to national development. Esu and inyang 2009 state that from the late 19 th century, the system of state enterprises begun in 1898 when the british colonial administration undertook the railway transport.
In the words of ogunna 1999, the poor performance of public enterprises in nigeria can be approached from the perspective of inadequate financial and material resources, poor management. Performance appraisal is a strategic tool necessary for the growth, survival, and success of any organization. The performance of smes plays a major role, but there is a dearth of literature about their contribution which are not well. Goal settings are embedded in performance appraisal through the technique of management by objective. The government in conjunction with the private sector, mostly foreign, was directly involved in areas ranging from the production of food stuffs to assembling cars. An empirical study of nigerian national petroleum corporation nnpc article pdf available january 2014 with 1,450 reads. Government also passed a privatization policy during ndp 8, which resulted in the creation of the public enterprises.
In nigeria, if economic success had followed, the public enterprise sector would have been lauded. Impact of effective internal audit functions on public sector. Generally speaking, the performance of public enterprises in nigeria over the years. Nigeria, has revealed that over two decades old privatization of public enterprises in nigeria since 1988 had significant positive effects on the economy and the polity in the first place. Public enterprises are autonomous or semiautonomous corporations and companies established, owned and controlled by the state and engaged in industrial and commercial activities. Public enterprises, performance, privatization, commercialization, reform. The role of sme firm performance in nigeria eniola, anthony abiodun. Performance of public enterprises in nigeria and the privatization. Its main objective is to ascertain the extent to which effective internal audit functions could be. But there was policy departure with the advent of democracy in nigeria in 1999 as the federal government embraced.
Public sector is the sector under government control funded by the tax paying public and for the benefit of the nation. Despite the fact that management by objectives mbo has become an integral part of the managerial process, most public enterprises in nigeria do not allow subordinates to mutually set goals with their superior. Autonomy issues in nigeria, the phenomenon of external control or interference rarely ever escapes mention in studies and writings on public enterprises. Performance management is a tool which focuses on managing the individual. Types of public enterprises management notes tyrocity. Oct 03, 2014 analysis of the performance of public enterprises in nigeria 1. Goal setting and performance appraisal in nigerian public enterprises. Performance appraisal and public service performance in nigeria the paper examines the nigerian public service, otherwise referred to as the civil service. Public enterprises are created in all countries of the world to accelerate economic and social development. Essay on public sector enterprises reasons for their failure. The performance and survival of smes depends on the favorable policy that can drive and develop the sme in nigeria. Nigeria journal of international affairs, 321, 3245.
Commercialization and privatization policy in nigeria. The level of government that owns the enterprise centralfederal, stateregional or local. Assessment of the performance of public enterprise in nigeria. Primary data was collected from 262 study respondents using.
Pdf performance of public enterprises in nigeria and the. On the side of the nation, government of nigeria was divided into three tiers, the federal government, state government and the local government. As well as the name, the definition of soes also often varies across countries. The study measures the change in any given indicator of performance by comparing its average value five. Background to globalization and africas economic development. A reflection on public enterprise sector in nigeria international. They are the most widely use form of organization under public enterprise. Bureaucracy and efficiency in nigerian public enterprise includes abstract and chapter one, complete project material available bureaucracy and efficiency in nigerian public enterprise. Analysis of the performance of public enterprises in nigeria 1. The performance of public enterprises in nigeria was assessed on two issues autonomy issues and return on investment. Nigeria was no exception in terms of the belief that the state and public enterprises have a role to play in the countrys development efforts.
Pdf the impact of privatization on the performance of. The study adopted a survey research design and employed a stratified random simple sampling. An analysis of the poor performance of state owned enterprises in africa. Unresolved challenges and new opportunities cover designed by the graphic design unit outreach division united nations department of public information isbn 9211231700 sales no. Impact of marketing strategy on business performance a. Nigeria, which is regarded as the grund norm and which creates the public service, there is also the revised public service rules, 2006 for the public servants to obey and follow. Evidence from studies show that when the public and private. 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. Research4 suggests that there is a wide range of legal forms for soes, depending on factors such as. The study examined the impact of ifrs adoption on the performance of private sector enterprises in nigeria. Nigeria in each year a report on the activities of the council and the bureau. Smes play a key role in the informal sector in nigeria. Administration is of importance for another reason too.
Effect of globalization on small and medium enterprises smes. Pdf analysis of the performance of public enterprises in nigeria. Generally speaking, the performance of public enterprises in nigeria over the years has been abysmal and marred by gross inefficiency. Definitions of public enterprise generally speaking, public enterprise has two dimensions public dimension which usually refers to public. Pdf a case for performance management in the public sector. The development strategy at that time took a different shape. Research objectives the research objectives are as follows. Small enterprises in ghana are said to be a characteristic feature of the production landscape and have been noted to provide about 85% of manufacturing employment of. The formation of the panama rail road company in 1904 was another victory of the public enterprise system. Meaning of public service the meaning of pubic service is contained in section 277 91 of the constitution of the federal republic of nigeria of 1979 now section 169 of the 1999 constitution as encompassing the civil.
1486 493 1506 894 325 717 1063 1246 1412 407 714 482 1200 27 257 843 205 1418 655 1147 722 478 108 1249 526 1537 1404 1324 892 782 296 413 1360 1474 275 1012 905 1605 1390 271 887 1494 907 62 800 759 462 981