JAMB Commerce 2003 Question 37

Question 37

Government and Business

A major benefit derivable from the privatisation and commercialisation of public enterprises in Nigeria is

  1. A.increase in wages
  2. B.employment generation
  3. C.information technology
  4. D.revenue generation
Show the answer and explanation

Answer: D (revenue generation)

Explanation

Selling public enterprises raises money for government, and commercialised firms become profitable, so revenue is generated.