JAMB Government 2008 Objective — Question 47

Question 47 of 50 from the Joint Admissions and Matriculation Board (JAMB) Government 2008 Objective paper, with the correct answer and a full explanation.

The primary objective of the privatization policy is to make the privatized companies responsive to the

A. government's regulatory demands
B. current socio-economic trend or realityCorrect
C. needs of foreign investors
D. interests of state governments

Explanation

The primary objective of the privatization policy is to make the privatized companies responsive to the current socio-economic trend or reality and to enhance their profit-making capacity, referred to as responsiveness.

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