Public corporation in West Africa are set up to

Assessment: WAEC SSCE - Economics - 1993 (Objective) Subject: Economics

Question 1 Report

Public corporation in West Africa are set up to
Answer Details
Public corporations in West Africa are set up to provide essential services or products to the public that might not be adequately provided by the private sector. They are established with the aim of achieving specific economic, social, or political objectives for the benefit of the citizens. Some of these objectives include the provision of basic amenities like electricity, water, and healthcare, transportation, education, and even the exploration and exploitation of natural resources. While some public corporations may aim to make a profit, their primary goal is usually to provide a particular service or good to the public.

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