GOVERNMENT

JAMB 2011 - Question 38

Government 2011 JAMB Past Questions - Question 38: In Nigeria, privatization and commercialization policies were introduced to

Choose the most appropriate option for the gap .
In Nigeria, privatization and commercialization policies were introduced to
A:
B:
C:
D:
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Correct Answer

A

Explanation

In Nigeria, privatization and commercialization policies were introduced todivest government major control of commercial ventures. By effecting privatization, the government achieves some economic objectives and policy measures. Privatization of public enterprises can make them less dependent on government for funding, since they will nowwork to generate enough capital. profitfor self-sustainance.