Public corporations are set up by

Assessment: WAEC SSCE - Government - 2005 (Objective) Subject: Government

Question 1 Report

Public corporations are set up by
Answer Details
Public corporations are established by an act of parliament. This means that the government passes a law to create a legal entity that operates independently and serves a public purpose. The purpose of a public corporation may include providing essential services such as healthcare, education, transport, and energy. Public corporations are governed by a board of directors who are appointed by the government or the relevant minister. The board of directors is responsible for managing the affairs of the corporation and ensuring that it achieves its objectives in a transparent and accountable manner.

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