Privatization and commercialization of public enterprises in Nigeria will lead to further entrenchment of

Privatization and commercialization of public enterprises in Nigeria will lead to further entrenchment of capitalism. This is because the aim of privatization and commercialization is to transfer the ownership and control of public enterprises from the government to private individuals or organizations. In a capitalist system, the means of production, distribution, and exchange are owned and controlled by private individuals and organizations for profit-making. Therefore, privatization and commercialization will lead to a greater role of the private sector in the economy and a reduced role for the government.