Public Enterprises Management: Vehicle for Sustainable Development in Nigeria

Abstract

Public enterprises are established globally for the principal purpose of propelling the social and economic development of the nations. Though, these enterprises are more of social infrastructure driven to improve the welfare of the citizenries at affordable rate. However, the management of public enterprise is paramount to
achieving this salient objective. This paper titled “public enterprises management: vehicle for sustainable development in Nigeria is written to evaluate the extent to which pubic enterprise has been effectively managed in Nigeria and how it has also contributed to economic development. The paper uses qualitative
approach and relevant literature was elicited. The research concluded that public enterprise is significant to the nation’s economy but more needed to be done in area of effective management; therefore, the paper recommends that government should use a more elastic approach in investment toward social infrastructure so as to broaden the scope of opportunities and adequate mechanics should be put in place towards prudent management of public enterprise through proper accountability and legislation