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UI Post-UTME Government 2023 (Model questions) Question 8

Question 8

Public Corporations

Which of the following is an example of a public corporation?

  1. A.Dangote Group
  2. B.Nigerian National Petroleum Corporation (NNPC)
  3. C.Zenith Bank
  4. D.Shoprite
Show the answer and explanation

Answer: B (Nigerian National Petroleum Corporation (NNPC))

Explanation

NNPC was set up and owned by government to manage Nigeria's petroleum; the others are private companies.