2022
government
67ca00ce0c643c71d77dee1f
A major consequence of the privatization exercise in Nigeria is
A.
the collapse of the Nigerian economy
B.
reduction in foreign exchange
C.
hıgh rate of indebtedness
D.
mass retrenchment of labour
Correct Answer: mass retrenchment of labour
Explanation
The sole aim of Privatization is profit-making. There is often a reduction of costs or spending and mass retrenchment of labour in response to economic difficulty.
The sole aim of Privatization is profit-making. There is often a reduction of costs or spending and mass retrenchment of labour in response to economic difficulty.THIS WEEK's
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