Privatization And Commercialization Of Electronic Media In Nigeria (a Case Study Of Minaj System Television Obosi)

1.1 Privatization and commercialization of electronic media in Nigeria (A case study of Minaj system T.V.)BACKGROUND OF THE STUDYBroadcasting in Nigeria, entered a new era with the decision of the federal government is allow private ownership of radio and television stations after more than 50 years of its advent in Nigeria.Privatization is the process which government either partly or wholly transfers equity investment of ownership in a business enterprise to private investors.Commercialization, on the other hand is defined as the reorganization of enterprises such that they could operate ent…