An assessment of the performance of public enterprise. 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. Performance appraisal and public sector performance in. Pdf an analysis of the poor performance of state owned. Get free research paper on impact of privatization policy on the performance of public sector organizations in nigeria. During twentieth century various governments started participating in industrial and commercial. Nigeria in each year a report on the activities of the council and the bureau.
Public enterprises, performance, privatization, commercialization, reform. Generally speaking, the performance of public enterprises in nigeria over the years has been abysmal and marred by gross inefficiency. 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. Nothing can be done without the permission of government. Bureaucracy and efficiency in nigerian public enterprise includes abstract and chapter one, complete project material available bureaucracy and efficiency in nigerian public enterprise. Nevertheless, public enterprises are in dilemma of some management constraints, which tend to hinder their goals and objectives. Performance evaluation is not a simple task in private enterprises and it is all the more complicated in public enterprises. A survey of selected small scale enterprises in ikosiketu council development area of lagos state, nigeria obiwuru timothy c. Therefore, this study sought to evaluate the factors affecting the performance of smes in the jua kali sector in nakuru town. Public and private schools how management and funding relate. Performance of small and medium enterprises smes in bauchi metropolis, nigeria mohammed ibrahim department of accounting, gombe state university, p. This study appraises the postprivatization performance of some privatized enterprises in nigeria. Issues, challenges and prospects of small and medium scale.
Oct 03, 2014 analysis of the performance of public enterprises in nigeria 1. Pdf a case for performance management in the public sector. Types of public enterprises management notes tyrocity. 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. As well as the name, the definition of soes also often varies across countries. Public enterprise, a business organization wholly or partly owned by the state and controlled through a public authority.
The development strategy at that time took a different shape. 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. Public enterprises are autonomous or semiautonomous corporations and companies established, owned and controlled by the state and engaged in industrial and commercial activities. The public enterprises reform was an integral part of the structural adjustment programme sap in 1986. Pdf the impact of privatization on the performance of. Essay on public sector enterprises reasons for their failure.
Public enterprises as a form of business organisation have gained importance only in recent times. 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. A reflection on public enterprise sector in nigeria. 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.
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. Goal settings are embedded in performance appraisal through the technique of management by objective. Department of actuarial science university of lagos, nigeria okwu, andy t. Impact of marketing strategy on business performance a study. Performance management is a new concept in human resource management.
The performance and survival of smes depends on the favorable policy that can drive and develop the sme in nigeria. 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. 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. 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. Privatizationcommercialization of stateowned enterprises. Prior to our independence, we had essential services like railways, telephone, posts and telegraphs, ordnance, port trusts etc. Privatization and enterprise performance in nigeria.
A reflection on public enterprise sector in nigeria international. E 2 1 department of public administration, federal polytechnic bida niger state, nigeria. The policy and performance are discussed in parliament. The growth of public enterprises in nigeria came against the background of sudden windfall from the oil sector in the 1970s. Pdf analysis of the performance of public enterprises in nigeria. 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.
But over time their performance declined and invariably led for calls for their privatization. An analysis of the poor performance of state owned enterprises in africa. It argues that nigeria has basic legislations for regulation the code of. 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. 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. Actual measurement of performance should be based on returns on assets and labour productivity. The importance, how to, effect causes relationship, comparison, history, role, solutions are discussed. 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. Unresolved challenges and new opportunities cover designed by the graphic design unit outreach division united nations department of public information isbn 9211231700 sales no. Evidence from studies show that when the public and private.
An empirical study of nigerian national petroleum corporation nnpc article pdf available january 2014 with 1,450 reads. Pdf public enterprises are created in all countries of the world to accelerate economic and social development. Effects of political instability on the performances of. The study covered 54 quoted private companies in nigeria for a 5year period ranging between 20 and 2017. Performance appraisal and public service performance in nigeria the paper examines the nigerian public service, otherwise referred to as the civil service.
Analysis of the performance of public enterprises in nigeria. Effect of globalization on small and medium enterprises smes. Pdf over the years, public enterprises have been adjudged to be a critical prerequisite for the development of any nation. Impact of marketing strategy on business performance a. The effect of globalization on the performance of small and medium sized enterprises in the united states. Unresolved challenges and new opportunities this publication features the papers. The formation of the panama rail road company in 1904 was another victory of the public enterprise system. Its main objective is to ascertain the extent to which effective internal audit functions could be. The study measures the change in any given indicator of performance by comparing its average value five. Nigeria journal of international affairs, 321, 3245. A critical evaluation of their performance course public administration grade 2. Corresponding author department of economics, banking and finance. 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. Driver et al 2001 suggests that the link of smes performance and economic growth remains complex, and.
The performance of public enterprises in nigeria was assessed on two issues autonomy issues and return on investment. Assessment of the performance of public enterprise in nigeria. The specific indicators examined are profitability, productive efficiency, employment, capital investment, output, prices and taxes. Goal setting and performance appraisal in nigerian public.
Public enterprises are created in all countries of the world to accelerate economic and social development. In nigeria the performance of staff of executing agencies or public enterprises is limited to budget monitoring and annual performance evaluation. Factors affecting the performance of small and medium. Performance appraisal is a strategic tool necessary for the growth, survival, and success of any organization. Autonomy issues in nigeria, the phenomenon of external control or interference rarely ever escapes mention in studies and writings on public enterprises. Title page the impact of job satisfaction on employee. This study, therefore, attempted to reflect on the performance of the public enterprise sector and the reasons for scaling it down. Analysis of the performance of public enterprises in nigeria 1. Definitions of public enterprise generally speaking, public enterprise has two dimensions public dimension which usually refers to public. Research objectives the research objectives are as follows. 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.
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. Performance of public enterprises in nigeria and the privatization. What are the problems of nigeria enterprises answers. The public sector in nigeria has suffered setbacks which are largely attributed to ineffective and inefficient management. Generally speaking, the performance of public enterprises in nigeria over the years. One of the inheritances of nigeria from her colonial masters is an extensive public sector. Government also passed a privatization policy during ndp 8, which resulted in the creation of the public enterprises. This stimulated the tempo of public sector intervention in the economic development process. Primary data was collected from 262 study respondents using. Performance evaluation for public enterprises english the. 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. 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. Pdf performance of public enterprises in nigeria and the.
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. The study adopted a survey research design and employed a stratified random simple sampling. This is because hardly any senior official in a public enterprise. A case for performance management in the public sector in nigeria.
Motivation and effective performance of academic staff in. Commercialization and privatization policy in nigeria. Performance of public enterprises in nigeria and the privatization option. An assessment of the performance of public enterprise sector in. Public sector is the sector under government control funded by the tax paying public and for the benefit of the nation. The study examined the impact of ifrs adoption on the performance of private sector enterprises in nigeria. Research4 suggests that there is a wide range of legal forms for soes, depending on factors such as. Privatization and commercialization of nigerian national. Performance management is a tool which focuses on managing the individual. They are the most widely use form of organization under public enterprise. Performance evaluation for public enterprises english abstract. Background to globalization and africas economic development. The performance of smes plays a major role, but there is a dearth of literature about their contribution which are not well.
But there was policy departure with the advent of democracy in nigeria in 1999 as the federal government embraced. In nigeria, if economic success had followed, the public enterprise sector would have been lauded. Under public corporation act 1961, statutory companies or public corporation are established. Performance of public enterprises in nigeria and the privatization option article pdf available march 2014 with 3,598 reads how we measure reads.
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. The level of government that owns the enterprise centralfederal, stateregional or local. To determine whether poor financing constitute a major challenge in the performance of smes in portharcourt city. Impact of effective internal audit functions on public sector. It is based on the foregoing that this study dwelt on the impact of job satisfaction on employee performance with special emphasis on government owned enterprises in nigeria. The role of sme firm performance in nigeria eniola, anthony abiodun. 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.
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. The impact of privatization on the performance of public enterprises in nigeria. 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. Before going into the types of public enterprises in nigeria, its good to know that public enterprises. 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. Goal setting and performance appraisal in nigerian public enterprises. The major findings of this study include the following. Administration is of importance for another reason too. 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.
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