Which government agency is responsible for overseeing public corporations and parastatals?

Source: JAMB · 2024

Which government agency is responsible for overseeing public corporations and parastatals?

  1. Central Bank of Nigeria (CBN)
  2. Economic and Financial Crimes Commission (EFCC)
  3. Bureau of Public Enterprises (BPE) ✓
  4. National Assembly
Explanation

BPE oversees the sale and management of government-owned companies. It handles privatization and commercialization.

CBN deals with money and banking. EFCC fights financial crimes. The National Assembly makes laws.

When Nigeria sells government businesses to private owners, BPE manages the process.

Was this explanation helpful?