An example of a public corporation in Nigeria is?

A. National Universities Commission
B. Nigerian Television Authority
C. National Population Commission
D. First Bank Of Nigeria

Correct Answer:

Option B – Nigerian Television Authority

Explanation

Nigerian Television Authority is an example of a public corporation in Nigeria.

It should be recalled that Public Corporation is government establishment or enterprises set up by an Act of Parliament (or Decree or Edicts in case of Military Regime) to provide essential services such as electricity, postal services, pipe-borne water, etc.

The aim is to render essential services at a very low cost.

Some examples of public corporations are water corporations, NITEL, NTA, NEPA, (Now known as Power Holden Company of Nigeria) NNPC ETC.