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Tuesday, 10 November 2026
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The transfer of ownership of government business to individuals is

The transfer of ownership of government business to individuals is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Privatization
  • B Commercialisation
  • C Deregulation
  • D Nationalization
Correct Answer: Option A
Explanation:
Privatization is the transfer of ownership or control of a government-owned business to private individuals or organizations. It reduces direct government ownership and allows private owners to take control of the enterprise.

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