National Council on Privatisation

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The National Council on Privatization (NCP) is a think tank sponsored by the Nigerian government to determine the political, economic and social objectives of the privatization and commercialization of Nigeria's public enterprises.

A think tank, think factory or policy institute is a research institute/center and organization which performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most policy institutes are non-profit organisations, which some countries such as the United States and Canada provide with tax exempt status. Other think tanks are funded by governments, advocacy groups, or corporations, and derive revenue from consulting or research work related to their projects.

Contents

Major roads in Nigeria are posted with billboards sponsored by the National Council on Privatisation saying that " the people benefit as the nation privatises". [1]

Nigeria Federal republic in West Africa

Nigeria, officially the Federal Republic of Nigeria, is a federal republic in West Africa, bordering Niger in the north, Chad in the northeast, Cameroon in the east, and Benin in the west. Its coast in the south is located on the Gulf of Guinea in the Atlantic Ocean. The federation comprises 36 states and 1 Federal Capital Territory, where the capital, Abuja, is located. The constitution defines Nigeria as a democratic secular country.

In Nigeria, there have been some pockets of opposition to the ongoing privatization process. Workers of some of the affected companies are rearing opposition to the privatization. This especially includes the NITEL and NEPA employees.

NITEL Nigerian telecommunication company

Nigerian Telecommunications Limited, or NITEL, was a monopoly telephone service provider in Nigeria until 1992 when the Nigerian government enacted the Nigerian Communications Commission act allowing new entrants into the telecommunications sector. During and after its years of monopoly, performance of the firm was sub-par, a behavior similar to other state owned enterprises such as NEPA and government owned water corporations. The firm was formed in 1985 as the welding together of two government entities, the telecoms arm of the Post and Telecommunications (P&T) department under the Ministry of Communications and the Nigerian External Communications (NET)

Functions

The Bureau of Public Enterprises is the secretariat of the National Council on Privatisation

See also

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Decaying infrastructure is one of the deficiencies that Nigeria's National Economic Empowerment Development Strategy (NEEDS) seeks to address. The government has begun to repair the country's poorly maintained road network. Because Nigeria's railways are in a perilous condition, the government is trying to rectify the situation by privatizing the Nigerian Railway Corporation. Similarly, the government is pursuing a strategy of partial port privatization by granting concessions to private port operators so that they can improve the quality of port facilities and operations.

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References

  1. Nigeria: the rich profit from Obasanjo's privatisation

Washington Times - NCP