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| Chapters: 1-5
| Pages: 69
A STUDY ON THE LEVEL OF EFFICIENCY AND PRODUCTIVITY IN THE PUBLIC SECTOR
ABSTRACT
Nigerians cannot withstand the competition in the world market; this is also attributed to low- productivity/efficiency especially in the industries in the public sectors. This is because; most of the product used in Nigeria is manufactured by them. In other countries their level of technology is high so their productivity and efficiency is usually high and as such they do well in international market. It can now be seen that low-productivity and efficiency is a general issue in Nigeria public sector and also a big problem in Nigeria and it adversely affects the economy. Nigerians are faced with several hardships in the country. Low-productivity and efficiency of our industries is one of the notable causes of this. It makes cost of many products to be high as many people want to buy the few available products. This study will therefore examine the evaluation productivity and efficiency in the public sector of the Nigerian economy using the Ibadan Electricity Distribution Company.
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Over the years, many organizations in Nigeria have been suffering from ineffective redundancy and unproductively following the inability of the management of such organizations to subject their enterprise to quality management. Increasing productivity and efficiency is a way of increasing the ability of people to do what they want, to do as well as achieving a higher standard of living for all suffering from low income and in boosting the prosperity of the overall Nigeria economy. Yesufu T.M. (1962) was of the view that productivity/efficiency can be defined as the ratio between output and all the resources used in production i.e., capital, labour, raw materials etc. the most efficient use of all available resources. With these definitions; one may ask why the Nigeria worker is inherently characterized by low-productivity/efficiency in spite of all government’s efforts to improve the economy and the ever-increasing need for improved productivity/efficiency. The answer to this disturbing question is vital and will be answered and discussed in this study. The rate of society’s demand and the rate of inflation. Increased productivity and efficiency are very vital for the health of
ABSTRACT
Nigerians cannot withstand the competition in the world market; this is also attributed to low- productivity/efficiency especially in the industries in the public sectors. This is because; most of the product used in Nigeria is manufactured by them. In other countries their level of technology is high so their productivity and efficiency is usually high and as such they do well in international market. It can now be seen that low-productivity and efficiency is a general issue in Nigeria public sector and also a big problem in Nigeria and it adversely affects the economy. Nigerians are faced with several hardships in the country. Low-productivity and efficiency of our industries is one of the notable causes of this. It makes cost of many products to be high as many people want to buy the few available products. This study will therefore examine the evaluation productivity and efficiency in the public sector of the Nigerian economy using the Ibadan Electricity Distribution Company.
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Over the years, many organizations in Nigeria have been suffering from ineffective redundancy and unproductively following the inability of the management of such organizations to subject their enterprise to quality management. Increasing productivity and efficiency is a way of increasing the ability of people to do what they want, to do as well as achieving a higher standard of living for all suffering from low income and in boosting the prosperity of the overall Nigeria economy. Yesufu T.M. (1962) was of the view that productivity/efficiency can be defined as the ratio between output and all the resources used in production i.e., capital, labour, raw materials etc. the most efficient use of all available resources. With these definitions; one may ask why the Nigeria worker is inherently characterized by low-productivity/efficiency in spite of all government’s efforts to improve the economy and the ever-increasing need for improved productivity/efficiency. The answer to this disturbing question is vital and will be answered and discussed in this study. The rate of society’s demand and the rate of inflation. Increased productivity and efficiency are very vital for the health of
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