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Explain any five ways in which nationalised industries differ from public limited ...

Explain any five ways in which nationalised industries differ from public limited companies.
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
    Correct Answer: Option n
    Explanation:
    Differences between Nationalized Industries and Public limited Companies are
    Public limited companies Nationalized companies
    Ownership shareholders Government
    Objective To maximise profit To provide essential services for the people
    Control Controlled by board of directors Control by board of directors appointed by the minister
    Capital Through selling of shares nd debentures Provided by the government
    formation Through in corporation at corporate affairs commission Acts of parliament
    Privacy Account must be published to the public Accounts are not usually published. Not mandatory
    Annual general meeting It is compulsory It is not compulsory



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