ABSTRACT
This paper is divided into three main parts. The first provides a brief historical background to the privatization programme in Nigeria, and later explains the goals, objectives and scope of the programme. The second is concerned with the implementation of the privatization and commercialization programme in Nigeria, from 1988 to 1992. The third focuses on the impact of privatization on distributional equity. This is the main concern of the paper, which examines the allotment of shares of privatized enterprises to various categories of shareholders-individuals, institutional bodies, the staffs of enterprises, state institutions, etc., and the implications for distributional equity. The final section provides a summary of the main issues raised in the paper and conclusions.
