Question 35
Public CorporationsGovernment control of public corporations in Nigeria is mainly to
- A.ensure public accountability
- B.allow freedom of action on the part of the corporations
- C.guarantee profit maximization of the corporations
- D.protect the appointment of foreigners in the corporations
- E.encourage ethnic domination in the corporations.
Show the answer and explanation
Answer: A (ensure public accountability)
Explanation
Public corporations use public money, so government (through ministers, the legislature and audits) controls them to make sure they are accountable to the public.