Privatization And Commercialization As Solutions To The Problems Of Public Enterprises Jamb Economics Past Questions
Question 6
The main reason for the current programme of privatization and commercialization of public enterprises in Nigeria is to?
- A. reduce public expenditure
- B. encourage efficiency in the performance of such enterprises
- C. reduce the number of public enterprises
- D. raise the prices of goods and services produced by the enterprises
Question 7
Privatization of government-owned companies means the?
- A. relinquishing of government equility participation to private individuals
- B. recapitalization of distressed government-owned companies
- C. joint paticipation of government and private individuals
- D. commercialization and deregulation of the economy
Question 8
Prohibiting the sale of lace materials in Nigeria would probably lead to?
- A. Increase supply of lace material in Nigeria
- B. Production of better quality lace abroad
- C. Lower price of lace material in Nigeria
- D. Higher price of lace material in Nigeria
- E. Increase income to all dealers of lace materials in Nigeria
