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WAEC - Government (2021 - No. 45)

Public corporation is a semi-independent statutory body established by
an act of parliament
a civil service commission
a private sector initiative
free zones board

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A public corporation is a semi-independent statutory body established by an act of parliament to carry out specific public functions or services. It operates with a degree of independence from the government but is still accountable to it and operates under statutory regulations.

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