JAMB Government 2011 Question 38

Question 38

Public Corporations

In Nigeria, privatization and commercialization policies were introduced to

  1. A.divest government major control of commercial ventures
  2. B.allow government control of the private sector
  3. C.hand over the control of commercial ventures to citizens
  4. 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.