The emergence of public enterprises took its root in the socialist philosophy
Public enterprises pursue objectives relating to social equity which the market would ignore
Public enterprises are not veritable instruments of National Plan Implementation
One factor that accelerated the growth of public enterprises in Nigeria was the indigenization policy of 1972
The two main sources of financing public enterprises are internally generated revenue and externally generated revenue
One of the problems of public enterprises management in Nigeria is lack of accountability
The success of public enterprises depends on the strict application of management principles and practices
The principal actors in Public Enterprises in Nigeria are: The Government Board of Directors/ Council and Management Team
Adamolekun (2004) identified 2 types of Boards of Public Enterprises: the Policy Board and the Executive Board
CEOs of Parastatals have been accused of acts that are detrimental to the health of their organizations
The appointment of non-career technocrats has aggravated the problem of public accountability in public enterprises
The privatization of Public Enterprises is an offshoot of the attempt to stem the tide of inefficiency
The deregulation of the Nigerian economy has enhanced the need for Public Enterprises to achieve their objectives
Commercialization of Public Enterprises in sub-Saharan Africa is based on partnership with the private sector
Performance contracts are negotiated agreements between the government as the owner and the public manager as an agent
Strategic Alliance refers to a sustained cooperation between a well-run mature company and a poorly performing company
The implementation of privatization in Nigeria was highly politicised
One of the arguments against privatization is that it is seen as an imposition by foreign capital agents like IMF/World Bank
Franchising is another method of privatization
Data is raw information while information is data that has been analyzed and validated
A database is a unified collection of data that are utilized by the various information system”
One of the keys to good records management is the need to have clear definition of the user’s needs
The life wire of an organization is information
