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AN EVALUATION OF THE CONTRIBUTIONS OF PUBLIC ENTERPRISES TO SOCIO-ECONOMIC DEVELOPMENT OF TARABA STATE

ABSTRACT

This study is an Evaluation of the Contributions of Public Enterprises to SocioEconomic Development of State.

Development whether at the national, state or local government levels has

always constituted the central focus of every administration either civilian or

military. Industrialisation, is recognised as a catalyst of rapid economic

development. In Taraba State in particular, the great desire to industrialise arises

partly because of the relative backwardness of the state, which depends for over

90% of her revenue from the federal government. Realizing how vulnerable the

state is, as a result of dwindling revenue from the federation account accasioned

by the 1980s world glut the economic recession that followed and the poor

financial management of available resources, the leadership set out to reverse

this trend. Realising the relationship between the establishment of manufacturing industries within the state and economic growth and development of the

state, the government thus made the establishment of small and medium scale

industries one of its cardinal objectives. To achieve this lofty objective, the

Taraba Investment and Pro-perties Limited and Taraba Transport Corporation

were established to serve as catalysts in this policy of the development process

of the state.

The evaluation was done by the establishment of three hypotheses set out to

measure such variables as employment opportunities, development of

infrastructure, rate of revenue generation and investments.

The study is based on a field research carried out in the state capital: Jalingo

metropolitan. Qustionaires and personal observation constituted the primary

sources of primary data collection, official publications by the management,

gazette, information brochure etc, constituted the sources for secondary data.

Tables and percentages were used for data presentation and analysis.  During the course of this work, it was discovered that the two companies

selected as samples relied heavily on the State Government for the their

investment capital and exhibit different characteristics in their mode of

operations, control and services.

We have recommended to the Government to grand autonomy to these

companies to enable them function professionally, monitor the activities to

ensure accountability check recklessness etc.

Finally, further research is recommended to further expand the findings where

necessary.

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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