WAEC Government 1997 Question 35

Question 35

Public Corporations

Government control of public corporations in Nigeria is mainly to

  1. A.ensure public accountability
  2. B.allow freedom of action on the part of the corporations
  3. C.guarantee profit maximization of the corporations
  4. D.protect the appointment of foreigners in the corporations
  5. 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.