DESIGN AND IMPLEMENTATION OF A COMPUTERIZED PROCEDURE FOR PRIVATIZATION OF A CORPORATE ENTERPRISE (A CASE STUDY OF NITEL LTD ENUGU)
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DESIGN
AND IMPLEMENTATION OF A COMPUTERIZED PROCEDURE FOR PRIVATIZATION OF A CORPORATE
ENTERPRISE
(A CASE STUDY OF
NITEL LTD ENUGU)
ABSTRACT
The
focus on Privatization of Corporate enterprises is relatively recent in
Nigeria. The prominence in economic programs of most developing countries
since the 1980’s is due to the need to reduce Public sector deficits and
financial losses arising from gross inefficiencies of the public
Enterprises. Privatization attracts substantial amount of foreign investment
inflows and new technological growth bringing about economic growth and
reformation.
The effective implementation of privatization program of a Corporate Enterprise
such as Nitel LTD requires a computer-based system.
This research work is aimed at designing and implementing an automated system
that would eliminate some of the problem and draw backs associated with the
manual procedures for the privatization of a corporate enterprise.
ORGANIZATION OF WORK
This
project is sub-divided into seven chapters; the first chapter is introduction,
which includes back ground of the study, statement of the problems, purpose of
study, aims and objectives, scope and limitation, definition of terms.
The second chapter deals with literature review.
The third chapter was concerned with description and analysis of the existing
system.
Chapter four is concerned with the design of the new system, system
specification and information requirement of new system.
Chapter five deals with implementation of the system.
Finally, the seventh chapter dealt with summary, conclusion and
recommendations.
TABLE OF CONTENTS
Title
page
Abstract
Organization of work
Dedication
Table of contents
CHAPTER
ONE
1.0
INTRODUCTION (Back ground of the study)
1.1 Statement
of the problem
1.2
Aims and objectives of the study
1.3
Scope and delimitation
1.4
Purpose of study
1.5
Limitation of the study
1.6
Assumption
1.7
Definition of terms
CHAPTER
TWO
LITERATURE REVIEW
CHAPTER
THREE
3.0 DESCRIPTION
AND ANALYSIS OF THE EXISTING SYSTEM
3.1
Fact finding method used
3.2
Organizational structure
3.3
Objective of the existing system
3.4
Input, process, output analysis
3.5
Information flow diagram
3.6
Problem of the existing system
3.7
Justification for the new system
CHAPTER
FOUR
4.0
Design of the new system
4.1 output
specification and design
4.2
Input specification and design
4.3
System requirement
4.4
System flow chart
CHAPTER
FIVE
5.0
Implementation
5.1
Program flowchart
5.2
Pseudo codes
5.3
Source program
CHAPTER
SIX
6.0
Documentation
CHAPTER
SEVEN
Recommendation and conclusion
References
CHAPTER ONE
INTRODUCTION
1.0
BACKGROUND OF THE STUDY
Privatization
involves redefining the role of the government by having at disengage from
those activities which are best handled by the private sector, with the overall
objective of achieving economic efficiency, conceptually, the commercialization
and privatization degree (FRN, 1988) perceive privatization as :-
“the
transfer of government owned shareholding in designated enterprises to the
private shareholders, comprising individuals and corporate bodies”.
The success of the
program depends on a well-designed privatization strategy, which includes:
1.
Defining the broad extent of privatization;
2.
Stating clearly the political, economic and social objective to be achieved;
3.
Establishing clear guidelines or criteria for evaluations
4.
Selecting techniques;
5.
Ensuring transparency and accountability in the privatization process and which
competitive bidding to the fullest extent possible;
6.
Building marketing up frost in each privatization operation in order to
stimulate potential interest among investors and their to enhance the value of
the public enterprise to be privatized.
7.
Promoting employee participation in the privatization process through the
allocation of a proportion of corporate shares;
8.
Establishing procedure for monitoring the progress all results of privatization
etc;
The
above strategies cannot be achieved manually; many privatization programs have
suffered from poor design, in adequate preparation, and weak
implementation. This is clearly evidenced by the long average time its
complete transaction. It is based on these drawbacks that the need for
computerization arise.
The
study will focus on the application of computerized procedures for privatization
of a corporate enterprise using the Nigerian Telecommunications Limited (NITEL
LTD) as a case study.
STATEMENTS OF THE PROBLEMS
Although
the problems associated with the creation of corporate enterprise have not
always been clearly stated. In spite of the bug’s investment in public
enterprise in Nigeria, their senses could not meet the demand aspiration of the
populace; the report of Onosode Presidential commission (1984) reveals that
corporate enterprises are infested with some problems. In the case of
NITEL LTD the following problems were obsessed in relation to the on going
privatization exercise in the country.
i.
Defective capital structure resulting in heavy dependency burden on national
treasuring:
ii.
Mismanagement of funds and operations;
iii.
Misuse of monopoly power cumulating in corruption and lack of competition;
iv.
Bureaucratize bottle necks within the organization;
v.
Lack of transpierce in the on going privatization programme;
vi.
Failure to entrench operational antonomy of the enterprise in such area as
authority limit, tariff determination, procurement policy constitutes major
areas of concern.
AIMS AND OBJECTIVES OF THE STUDY
The aims and objectives of the project work are:
i.
To create a database for the storage of all information requirements for the
privatization of the enterprise.
ii.
To eliminate all the darn backs of manual techniques of data collection and
record keeping into computerized system.
iii.
Assist in the planning, designing and implementation of education and training
programs for corporate groups.
iv.
To provide organizational efficiency through computerization.
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