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The federal Government made efforts at rendering public enterprises more efficient and ...

The federal Government made efforts at rendering public enterprises more efficient and profit-oriented through the process of
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Privatization
  • B Commercialization
  • C Indigenization
  • D Nationalization
Correct Answer: Option B
Explanation:
Commercialization is the process of making public enterprises operate more efficiently and in a more business-like and profit-oriented manner. The objective is to improve their performance and reduce dependence on government funding while the enterprises may remain publicly owned.

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