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GCE Commerce 1990 Question 45

Question 45

Government and Business

Which of the following is a public corporation? The

  1. A.Nigeria Breweries Limited
  2. B.Nigerian Ports Authority
  3. C.Lagos Chamber of Commerce
  4. D.Nigerian Bottling Company
  5. E.Nigeria Merchant Bank Ltd
Show the answer and explanation

Answer: B (Nigerian Ports Authority)

Explanation

The Nigerian Ports Authority is set up and owned by government by law; the others are private bodies.