Privatization and commercialization programmes in Nigeria have
Answer Details
Privatization and commercialization programmes in Nigeria have de-emphasized government ownership. This means that the government has sold off some of its ownership in public corporations and businesses to private individuals and companies. This has led to a reduction in government control over these businesses and a shift towards private sector management. While it has had some positive impacts, such as increased efficiency and productivity, it has also led to reduced government revenue and in some cases, allegations of corruption.