An example of a public corporation in Nigeria is
National Universities Commission
Nigerian Television Authority
National Population Commission
First Bank Of Nigeria
Correct answer is B
Nigerian Television Authority is an example of a public corporation in Nigeria.
It should be recalled that Public Corporation is government establishment or enterprises set up by an Act of Parliament (or Decree or Edicts incase of Military Regime) to provide essential services such as electricity, postal services, pipe borne water, etc.
The aim is to render essential services at a very low cost.
Some examples of public corporations are water corporation, NITEL, NTA, NEPA, (Now known as Power Holden Company of Nigeria) NNPC ETC.
In Nigeria, privatization and commercialization policies were introduced to
hand over the control of commercial ventures to citizens
increase the asset base of government
divest government major control of commercial ventures
allow government control of the private sector
Correct answer is C
In Nigeria, privatization and commercialization policies were introduced to divest government major control of commercial ventures.
By effecting privatization, the government achieves some economic objectives and policy measures.
Privatization of public enterprise can make them less dependent on government for funding, since they will now work to generate enough profit for self-sustenance.
The component units of the Nigerian Federation comprises
national assembly, military, police and civil service
constituency, ward, emirate and chiefdom
federal, state, local government and federal capital territory
federal capital territory, national assembly, supreme court and civil service
Correct answer is C
The component units of the Nigerian Federation comprises federal,state,local government and federal capital territory.
The principle of federal character was adopted in order to promote equitable allocation of
positions and appointments among people of various regions
appointments between the North and the South
opportunities between the males and females
revenue between groups in the country
Correct answer is A
The principle of federal character was adopted in order to promote equitable allocation of positions and appointments among people of various regions.
Federal Character Commission is one of the provisions of the 1999 Constitution . It was then put down as follows: Federal Character Commission to have a chairman and one person to represent each of the states and Federal Capital Territory, Abuja. Its responsibly is to work out equitable formula subject to approval of the National Assembly for the distribution of all cadres of posts in the Public services of the Federation and the States, armed forces, the police and other relevant government organizations.
NPP
PRP
NPN
UPN
Correct answer is D
UPN was the first to be formed when the ban on politics was lifted in 1978.
On September 31, 1978, General Obasanjo lifted ban partisan politics after 12 years of military rule. Unity Party of Nigeria was then formed on September 22, 1978 by Chief Obafemi Awolowo.