Globally, public enterprises are established to act as the pivot to propel economic and social development in areas of need. While the intention is the same in Nigeria, most public enterprises in the country are bedevilled by myriads of problems which constrain their ability to deliver on their core mandate. This has necessitated the need to critically evaluate public enterprises and the challenges of national economic development in Nigeria. A theoretical approach was adopted to explain the idea of public enterprises, economic development, the challenges bedevilling the sector and possible solutions as a result. It was concluded that the inability of public enterprises to deliver in the areas of their core mandate has negatively impacted on the economic development of the nation, leading to the clamour by the public for the transfer of these enterprises to the private sector for management. To this end, it was considered plausible to advocate for a well-monitored and structured public-private partnership to help government-owned businesses thrive and achieve their original purpose for being set up.

Keywords: Public Enterprises, Economic Development, Public-Private Partnership

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✓International Journal of Advanced Academic Research
✓African Journal of Sustainable Agricultural Development
✓African Journal of Business and Economic Development
✓International Journal of Research in Education and Sustainable Development
✓Research Journal of Management Practice
✓Engineering Research Journal
✓Scholarly Journal of Advanced Legal Research
✓Journal of Global Interdependence and Economic Sustainability
✓Scholarly Journal of Social Sciences Research
✓Scholarly Journal of Management Sciences Research
✓Scholarly Journal of Science and Technology Research and Development
✓International Journal of Religion and Societal Development
✓West African Journal of Interdisciplinary Research
✓African Journal of Environment and Sustainable Development
✓International Journal of Socio-Cultural Research
✓American Research Journal of Contemporary Issues
✓International Journal of Education and National Development
✓Global Journal of Artificial Intelligence and Technology Development
✓Open Access Journal of Management Sciences Research
✓Open Access Journal of Social Sciences Research
✓Open Access Journal of Business and Entrepreneurship
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