Match each public sector structural reform policy in Nigeria with its corresponding operational financing mechanism and ownership framework.
- Outright Divestment (Privatization)The state surrenders majority or entire equity interest and managerial authority to private individual or corporate investors.
- Total CommercializationThe state retains 100% ownership but completely abolishes operational subventions and capital grants, requiring full cost recovery from market sales.
- Partial CommercializationThe state retains ownership and continues providing capital expenditure grants, but expects the enterprise to fund recurring operational costs independently.
- Sector DeregulationThe state removes statutory monopoly privileges and administrative price controls, allowing private enterprise entry into the market space.
Cevap
Outright Divestment (Privatization) matches surrendering state equity to private investors; Total Commercialization matches state ownership with total withdrawal of operational and capital subventions; Partial Commercialization matches state ownership with continued state capital grants alongside self-funded operational expenses; Sector Deregulation matches removing statutory monopolies and price controls to enable open market competition.
Privatization refers specifically to equity sales to private entities. Total commercialization mandates complete financial independence (no capital or operational subventions) under continued government ownership. Partial commercialization retains state capital support while requiring operational cost recovery. Deregulation dismantles statutory barriers to invite private market participation.
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Anahtar Kavram
Public Enterprise Reform Frameworks (Privatization, Commercialization, Deregulation)