ECO247 Past Questions

ECO247

In order to facilitate the survival of the dominance of the sector in its development motivating roles, all forms of ministerial or government controls must be removed
Answer: private

Public and political office holders in Nigeria control and allocate the public sector resources as well as influence the behaviour of all actors in the
Answer: society

The operators should strive to identify the necessary strength for coping with the demand of the new market oriented environment
Answer: private sector

The privatisation programme in Nigeria started with great enthusiasm on the parts of government and the entire Nigerian populace in or thereabout
Answer: 1986

The Structural Adjustment Programme as well as National Economic Empowerment and Development Strategy have advocated for reduced government spending and a private sector led
Answer: economy

By the early the programme had attracted a lot of criticisms due to some inadequacies in the implementation of the programme and the huge losses incurred by government on its investments
Answer: 1990s

The central theme of the debate to eliminate corruption in Nigeria is explained under the need to have some resource reservations for national
Answer: development

Since the attainment of political independence in , there has been a persistent decline in productivity in the public sector, marked by a colossal increase in the cost of governance
Answer: 1960

The focus of economic management through economic regulation or deregulation is economic development for the improvement of the quality and standard of living of the populace
Answer: primary

The sector should be pre-occupied with issue of laws and order which would make the privatisation programme thrive in spite of its ideological undertone
Answer: public

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