Question 38
Public CorporationsIn Nigeria, privatization and commercialization policies were introduced to
- A.divest government major control of commercial ventures
- B.allow government control of the private sector
- C.hand over the control of commercial ventures to citizens
- D.increase the asset base of government.
Show the answer and explanation
Answer: A (divest government major control of commercial ventures)
Explanation
These policies reduced government's ownership and control of commercial businesses.