The Prospects and Problems of Deregulation of the Nigerian Economy (A Case Study of the Telecommunication Industry)

ABSTRACT 

The study investigated the prospects and problems of deregulation of the Nigerian Economy, using telecommunication as case study. The researcher was guided by three hypotheses which are drawn from the problem statements and objectives of the study. Related literature are reviewed in the study. The data are sourced from both the primary and secondary sources available. Data was also collected through the use of questionnaires that were drawn up to reflect the necessary details needed. Data gotten were analyzed using the simple percentage distribution and hypotheses was tested using the chisquare distribution. The findings indicated that there is a general preference for the telecom industry after deregulation than before; deregulation has brought about increased efficiency and effectiveness of telephone services and that it has increased the nations prospects in international trade. Finally, based on the conclusion, the study recommended among others that: the industry should either be deregulated fully or not deregulated at all for efficient economic growth; their should be establishment of a regulatory framework for public or social control over its activities.

TABLE OF CONTENTS

Title page - -- - - - - - - - i

Certification - - - - - - - - ii

Approval Page - - - - - - - iii

Dedication - - - - - - - - iv

Acknowledgment - - - - - - - v

Abstract - - - - - - - - vi

Table of Content - - - - - - - vii

CHAPTER ONE: INTRODUCTION

INTRODUCTION - - - -- - - - 1

1.1 Background to the study - - - - 3

1.2 Statement of the Problem - - - - - 10

1.3 Objectives of the Study - - - - - 13

1.4 Significance of the Study - - - - - 13

1.5 Scope and Limitations of the Study - - - 14

CHAPTER TWO LITERATURE REVIEW

2.1.1 The Concept of Deregulation - - - - 16

2.1.2 Objectives of the Deregulation Programme - - 19

2.1.3 Deregulation of Nigerian Economy - - - 20

2.1.4 Problems and Prospects of Deregulation - - 24

2.1.5 Deregulation of the Telecommunication Industry - 28

2.1.6 The Telecommunication Industry and Foreign Direct Investment (FDI) - - - - - - 29

2.1.7 Telecommunication and Economic Development: Challenges and Opportunities - - - - 32

2.1.8 Administrative Challenges in a Deregulated Economy 35

2.1.9 Economic Theory and Deregulation - - - 37

2.1.10 Deregulation and the Creation of Employment - 39

2.1.11 Managing Telecommunication: Regulatory and Policy Environment - - - - - - 40

2.1.12 Gap in Literature - - - - - - 48

2.2 Hypotheses - - - - - - - 48

2.3 Operationalization of the Key Concepts - - - 49

2.4 Theoretical Framework - - - - - - 51

CHAPTER THREE: METHODOLOGY

3.1 Research Design - - - - - 54

3.2 Population of Study - - - - - - 55

3.3 Sample and Sampling - - - - - 55

3.4 Sources of Data Collection - - - - - 57

3.4.1 Primary Data - - - - - - - 57

3.4.2 Secondary Data - - - - - - 57

3.5 Method of Data Analysis - - - - - 58

3.6 Historical Background of the Area Study MTN Nigeria - 58

CHAPTER FOUR: DATA PRESENTATION, FINDINGS AND ANALYSIS

4.1 Data Presentation - - - - - - 72

4.2 Data Analysis - - - - - - - 72

4.3 Test of Hypotheses - - - - - - 81

4.4 Findings - - - - - - - 90

CHAPTER FIVE: SUMMARY, RECOMMENDATIONS AND CONCLUSION

5.1 Summary - - - - - - - - 92

5.2 Recommendations - - - - - - 93

5.3 Conclusion - - - - - - - 96

BIBLIOGRAPHY

QUESTIONNAIRE