JAMB - Government (2011 - No. 37)
In Nigeria, privatization and commercialization policies were introduced to
hand over the control of commercial ventures to citizens
increase the asset base of government
divest government major control of commercial ventures
allow government control of the private sector
Maelezo
In Nigeria, privatization and commercialization policies were introduced to divest government major control of commercial ventures.
By effecting privatization, the government achieves some economic objectives and policy measures.
Privatization of public enterprise can make them less dependent on government for funding, since they will now work to generate enough profit for self-sustenance.
By effecting privatization, the government achieves some economic objectives and policy measures.
Privatization of public enterprise can make them less dependent on government for funding, since they will now work to generate enough profit for self-sustenance.