This project is written as a result of properly carried out research work based on problem of managing public enterprises in Nigeria most especially he power holding company of Nigeria (PHCN) owerri district. This project is designed to provide adequate and reliable information toward a thorough understanding of the problem of managing public enterprises in Nigeria. it also highlights the concepts of management principle of management problems of the power holding company of Nigeria (PHCN) as a public enterises in Nigeria likewise ways of improving the nature of public enterprises and other related issues.
This project will be helpful to meet the needs of student in polytechnic and universities who are offering course in Public Administration or public enterprises Management as well as those carrying out research projects.
1.1 BACKGROUND OF THE STUDY
A public enterprises like Power Holding Company Nigeria (PHCN) is an organized set up as a cooperate body and as part of the government apparatus for an entrepreneurial or entrepreneurial like objectives (Laleye in Adsamolekun, 2002:28).
But the public service represents the institutional framework for administration of the state. It comprises of the civil service, the legislature, Judiciary, the school system. These parastatus and the local government system, the public service provide s the structural framework for the formulation and implementation of government policies and programmes.
There it is imperative to note here that the civil service and the public service (Adebayo, 1995:940) the public enterprises combines the features of the public administration with the key of attributes of a private enterprises. The establishment of these enterprises or parastatal results from the desire to infuse more flexibility transparency and more government activities and this has virtually become the feature of every modern state generally speaking the Power Holding Company Nigeria which was established in 1957 for the purpose of providing constant power supply nation wide.
But prior to the establishment of PHCN was in existence, the electricity corporation of Nigeria (ECN). The current managing director (MD) of PHCN in the whole federation is Engineer Joseph makoju, while the business manager of power holding company of Nigeria (PHCN) Owerri district is made up of different staff or nonce’s basic on the specific functions they perform. PHCN Owerri district has a total of seven hundred and fifty (750) workers.
Power Holding Company of Nigeria being a public enterprises ha hierarchical system of administration like wise upward and downward system of communication.
1.2 STATEMENT OF PROBLEMS
PHCN is know and regarded as office of the important of public enterprises and as public enterprises, it is posed with many problematic situation on their course of providing constant electricity generation nation wide or within area of district. Most of the problems faced by PHCN department or office in Owerri are as follows
- problem of monopoly
- bribery and corruption
- Abnormality in perpetual billing
- There is misuse of facilities available to the corporate
- True are of inefficiency
- Problems of vanadalization of PHCN’s equipment
- The collapse of the nation grid system