Nigerian Govt. Companies Listed for Privatization

Communications


Nigerian Postal Service

NITEL


Energy


Eleme Petrochemicals Company Limited

Kaduna Refining & Petrochemical Company Limited

Nigeria Gas Company Limited

Pipelines and Products Marketing Company (PPMC)

Port Harcourt Refining Company Limited

Stallion Property and Development Company Limited

Warri Refining and Petrochemicals Company Limited


Industry and Manufacturing


Anambra Motor Manufacturing Company Limited

Electric Meter Company of Nigeria

Federal SuperPhosphate Fertilizer Co Limited

Iwopin Pulp and Paper Company

Lafiaji Sugar Company Limited

LEYLAND

National Fertilizer Company of Nigeria — NAFCON

Nigeria Romania Wood Industry

Nigeria Sugar Company Limited

Nigeria Unity Line Plc

Nigerian Machine Tools Limited

Nigerian Newsprint Manufacturing

Nigerian Unity Line

Peugeot Automobile Nigeria Limited

Steyr Nigeria Limited

Sunti Sugar Company Limited

Volkswagen of Nigeria


Natural Resources


Ajaokuta Steel Company Limited

Ayip–Eku Oil Palm

Delta Steel Company

Ihechiowa Oil Palm Company Limited

Jos Steel Rolling Company

Katsina Steel Rolling Mill Company

National Iron Ore Mining Company Limited

Nigeria Uranium Mining Company

Nigerian Coal Corporation

Nigerian Mining Corporation

Oshogbo Steel Rolling Mill Company

River Basin Development Authority


Ports


Nigerian Ports Authority


Power


National Electric Power Authority


Services


Abuja International Hotels (Le Meridian)

Abuja National Stadium

Abuja Stock Exchange

Afribank Nigeria PLC

Bank of Industry

International Conference Centre Abuja

Lagos International Trade Fair

National Theatre

NICON Insurance Corporation

Nigerian Agricultural Bank

Nigerian Film Corporation

Nigerian Television Authority

Tafawa Balewa Squrae Investment Limited


Transport and Aviation


Federal Airports Authority of Nigeria

Inland Waterways Authority

National Clearing and ForwardingAgency (NACFA)

NigerDock Nigeria PLC

Nigeria Airways Limited

Nigeria Airways Subsidiaries

Ngerian Aviation Handling Company Limited

Nigerian Railway Corporation

Railway Property 

http://ngex.com/business/public/newsinfo.php?nid=56



PRIVATIZATION in Nigeria: a way to go or a way not to go?

Nigeria is ready to change for better and forever.


Privatization with Federal Government strict regulation to protect the citizens is absolutely the way to go.

If privatisation takes the form of sell-offs of national assets at discounted prices to highly connected individuals,it would be better not to privatise.

Such a course of events will be of great diservice to Nigeria,for it will discredit the principle of privatisation in the eyes of Nigerians even though privatisation in principle is very beneficial.

Big b1, I see your point and I'm 100% for it
Our great nation continues to crumble year after year, regime after regime; the only hope at this point is to introduce privatization at a large scale.
With Government guidelines and regulation to protect the citizens, sky is the limit.

4 play, your point also makes sense, but you're referring to Nigeria of yesterday. Things are clearer and different, People in general are much smarter and can not be easily deceived.
Let us support privatization and things will change for better.

@Big b1, thanks for a great topic.
I think this is the most important and serious thing that is currently going on in Nigeria. Forget the election, it is all fake  and fixed; we do not have any control over the out come, but privatization issue is all in our hands if we care.

I have been touting privatization as the answer, but that's only part of it. The true answer is deregulation. Selling a public monopoly to a Nigerian company is not all: we need other companies competing with that monopoly.

Privatisation is not good for privatisation's sake.We have sold off NITEL to Transcorps,a coy undeniably linked with Govt officials.

Privatisation if well implemented is a fantastic development for the country but at the rate we are going,we seem to be repeating the Russian example of the early 90s.