0
Advantages of Privatization in Nigeria:
1. Basic advantage in privatization is accurateness and commitment towards the service as the private organizations are very much concerned about the profits they make ultimately which depend on the quality of service being provided by them and the public response to it.
2. Privatization generates more revenue compared to government enterprises, thus government can indirectly earn a bit more by leasing out enterprises to private organizations.
Disadvantages of Privatization in Nigeria:
1. The biggest threat is reliability. There is nothing that backs up the private organizations, where as government can back up its enterprises easily in terms of funds. There are more chances of bankruptcy in private organization where are zero to few in government organization.
2. Though the quality of service may be little compromised, its reliable.
3. Some departments need social responsibility which can be done only by government like police department, traffic management.
Wiki User
∙ 12y ago
Wiki User
∙ 10y ago1. it help creat job opportunity to nigerians
Add your answer:
Earn +20 pts
What are the merit and demerit for due process policy in Nigeria?
Merit: Due process policy in Nigeria ensures fairness, transparency, and accountability in the legal system, protecting citizens from arbitrary actions by the government and promoting the rule of law. Demerit: However, due process in Nigeria may sometimes result in delays in the legal process, leading to prolonged court cases and backlog of cases, which can impede access to timely justice for individuals.
What are the merit and demerit of samacheer kalvi?
merit& demerit
The merit and demerit clifford constitution in nigeria?
MERIT: It brought about the placement of elective principle. i.e it allow the members of Nigeria's citizens for the first time to elect their representatives into the privy council. Thus; they are non-officios. DEMERIT: It fails to give total soverein to the existing members of the councils. They are non-executives.
What is merit and demerit of price level accounting?
merit and demerit of price level accounting
What is the merite and the dimerit of privatization?
The merit of privatization is increased efficiency and innovation due to competition in the marketplace. However, the demerit is potential job loss, reduced access to services for marginalized populations, and the risk of monopolies forming in certain industries.
What are the type of Constitution in Nigeria?
written and unwritten constitution
What are the merit and demerit of the 1999 nigeria constitution?
MERIT: It brought about the placement of elective principle. i.e it allow the members of Nigeria's citizens for the first time to elect their representatives into the privy council. Thus; they are non-officios. DEMERIT: It fails to give total soverein to the existing members of the councils. They are non-executives.
What is the opposite of demerit?
merit
What is the root word of demerit?
The root word of demerit is merit, which means something that deserves praise or reward. Demerit is the opposite of merit, indicating something that deserves blame or punishment.
Merit and demerit of multinationalCompany?
Topic of discussion is :merit and demarit of globalization
Merit and demerit of money?
ghynkkl,;lkjhghkmn
Merit and demerit of psychology?
emerits in psychology
