Priliminary Investigation on the Performance of a Privatized Insurance Company in Nigeria

Abstract

Nigeria has had state involvement in economic activities for a very long time. The intervention was meant foreconomic development and progress hence lot of SOEs has been established. The SOEs developed problemswhich lead to the adoption of privatization policy. Many studies on performance evaluation of privatizedenterprises are inconsistent. The paper used before and after research design with descriptive statistics and paneldata of AIICO Nig. Plc. The performance result is generally significant.

Key words: Public enterprise, Ratios, Performance, AIICO Nig. plc.