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WAEC Economics 2002 Question 19

Question 19

Business Organisations

The National Electric Power Authority (NEPA) of Nigeria is a

  1. A.public limited company.
  2. B.private limited company.
  3. C.private authority.
  4. D.public corporation.
Show the answer and explanation

Answer: D (public corporation.)

Explanation

NEPA was set up by law, owned and run by government: a public corporation.