Thought and Practice: A Journal of the Philosophical Association of Kenya 3 (1):87-112 (2011)
AbstractThis paper seeks to determine whether or not the divesture of Nigeria’s state-owned enterprises by the Federal Government of Nigeria is ethical. Towards this end, it employs an analytic methodology to undertake a conceptual examination of the divesture of Nigeria’s SOEs by the FGN. The paper’s findings are: A large proportion of the Nigerian citizenry is opposed to its government’s privatization policy. A conducive socio-economic environment for privatization is lacking in Nigeria.The paper concludes that although privatization in general may be a “good” policy, it is ethically wrong for the FGN to privatize some of its SOEs, given the absence of a conducive socio-economic milieu
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