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JAMB Commerce 2004 Question 10

Question 10

Government and Business

The current highest decision-making body on privatization and commercialization of public enterprises in Nigeria is the

  1. A.National Council on Privatization
  2. B.Securities and Exchange Commission
  3. C.Nigeria Investment Promotion Commission
  4. D.Bureau of Public Enterprises
Show the answer and explanation

Answer: A (National Council on Privatization)

Explanation

The National Council on Privatisation, chaired by the Vice-President, approves privatisation policy; the Bureau of Public Enterprises carries it out.