The main purpose of establishing public enterprise in Nigeria is to

Assessment: JAMB UTME - Government - 2010 Subject: Government

Question 1 Report

The main purpose of establishing public enterprise in Nigeria is to
Answer Details
The main purpose of establishing public enterprises in Nigeria is to provide essential services to the public. Public enterprises are government-owned businesses that are established to provide services that are considered necessary for the public good, such as transportation, energy, healthcare, and education. The goal of these enterprises is to ensure that these services are accessible and affordable to everyone, including those who may not be able to afford the prices charged by private sector companies. While some public enterprises may generate revenue for the government, their primary purpose is to serve the public interest rather than to compete with the private sector or enrich government officials.

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