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One of the demerits of the privatization of public corporations in Nigeria is ?

One of the demerits of the privatization of public corporations in Nigeria is ?
  • A.
    scarcity of goods and services
  • B.
    higher cost of goods and services
  • C.
    creation of unemployment
  • D.
    inefficient service delivery
Correct Answer: Option B
Explanation

One of the problem of privatisation was due to the fact that their was to make profit, thereby affecting the consumer.

There is an explanation video available below.

Explanation Video