ABSTRACT

This study examined the effect of privatization and commercialization of the Nigerian economy for a period of 35 years from 1980-2015 using simple regression analysis. The study also carried out its test using t–statistics in other to capture the pre and post effect of privatization and commercialization of the Nigerian economy. This work made use of secondary data sourced from the central bank of Nigeria statistical bulletin. The results of this t-statistics showed that GDP, labour force, telecommunication output and investment rate started increasing positively immediately after the policy was adopted while unemployment rate started increasing negatively after the policy was adopted which simply means that the policy worked highly in favour of the economy in general due to the switching of ownership of public enterprises from government to private. This the course of this work the researcher went on to conclude that this policy generally brings a drastic change positively to the economy as a whole though the privatization and commercialization of certain sectors of the economy where by recommending that this policy should be adopted by the government in other to boost economic growth.