The advantage of commercialize in Nigeria is that it has allowed private businesses to rise. The disadvantage of commercialism in Nigeria is that the prices of goods and services has risen.
nigerian economy
When a State planned economy transitions toward a free market economy they engage in privatization of resources. For privatization to be successful what must the State also do?
the role of commercial banking in the development of nigerian economy
Privatization developed a country's economy by strengthening the quality of the product.
write short note on education aspect in Nigerian economy
The importance of privatization can be seen in various aspects of the economy. There is improved efficiency which will translate to more productivity.
The advantage of the indigenization program in Nigeria is that oil is a very strong export good, leading to a stronger economy. The disadvantage is that the economy is only based upon one exporting product, and should that product not sell, the economy will get weaker.
Privatization is the foundation of capitalism. It creates more jobs for people and also allows for more levels of jobs.
what are the contributions of Nigerian petrouem industry the positiv and negative
privatization
5%
Employment generation