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JAMB Government 1994 Question 35

Question 35

Public Corporations

One of the basic differences between ministries and public corporations is that while ministries are

  1. A.run on rules, public corporations are not
  2. B.wholly owned by the government, public corporations are owned by both government and individuals
  3. C.not established with specific statutes, public corporations are
  4. D.not important in developmental process, public corporations are
Show the answer and explanation

Answer: C (not established with specific statutes, public corporations are)

Explanation

Each public corporation is set up by its own law (Act or Decree) that states its functions. Ministries are simply departments of the executive and are not created that way.