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AN APPRAISAL OF PUBLIC ENTERPRISE IN THE SOCIO-ECONOMIC DEVELOPMENT OF NIGERIA

ABSTRACT

This thesis is an appraisal of the Nigerian Sugar Company limited (NISUC0) Bacita, as an enterprise to the socio-economic development of Nigeria. The analysis was based on some aims and objectives for which the company was established, i.e. ensuring adequate supply of sugar, provision of employment and the encouragement of the sugar cane farmers cooperatives ( outgrowers-scheme). NISUCO within the framework as an instrument for plain implementation , Regional development agent for social-equity and the development of backward regions has made significant contributions to the socio economic development of the country as revealed by the study. This is most especially in the of sugarproduction, provision of employment and Human Resource Development, Incomes and the improvement in the standard of living of the people. The data used for this study was obtained through questionnaire and interview techniques and by the use of official documents such as Annual reports, Technical

Brochure and the Fact sheet on the company. However, it was discovered that a number of factors have been responsible for inefficiency and ineffectiveness  of the organization. This include government interference in decision making „ overstaffing , lack of fund and autonomy . other areas identified were aged factory and irrigation

equipments, spare parts etc. Recommendations were also offered so that the company can be able to boosts its production capacity to enable it meet the country’s domestic suger requirement as well as to export to the neighbouring countries.

TABLE OF CONTENT

Title page- – – – – – – – – i

Approval page – – – – – – – -ii

Dedication – – – – – – – – -iii

Acknowledgement – – – – – – – -iv

Abstract – – – – – – – – – -v

Table of content – – – – – – – -vi

CHAPTER ONE

INTRODUCTION – – – – – – – -1

1.0 Background of the study – – – – -1

1.1 Statement of the problem – – – – -5

1.2 Purpose of the study – – – – – -6

1.3 Significance of the study – – – – -8

1.4 Research questions – – – – – -9

1.5 Scope of the study – – – – – – -10

CHAPTER TWO

LITERATURE REVIEW – – – – – – -11

CHAPTER THREE

Research methodology – – – – – – -39

Design of study – – – – – – – -40

CHAPTER FOUR

Presentation, analysis and interpretation of data – -48

CHAPTER FIVE

Summary of findings – – – – – – -60

Conclusion – – – – – – – – -61

Recommendations – – – – – – – -62

Suggestions for further research – – – – -64

References – – – – – – – – -65

Appendix I – – – – — – – – -68

Questionnaire. – – – – – – – -69

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