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JAMB Economics 2013 Question 38

Question 38

Business Organisations

In Nigeria, efficiency in public corporations can be achieved through

  1. A.public offer.
  2. B.indigenization.
  3. C.privatization.
  4. D.nationalization.
Show the answer and explanation

Answer: C (privatization.)

Explanation

Privatisation puts corporations under private owners who are driven by profit to run them efficiently.