Monday, 20 June 2011

Nigerian Politics - The True Nature of the Private Sector in Nigeria

The True Nature of the Private Sector in Nigeria.
By Ikechukwu A. Ogu.
Generally, every free market economy is divided into two sectors, the public sector and the private sector. The former is "the portion of a nation's affairs, especially economic affairs, that is controlled by government agencies", while the latter is "the part … that is made up of companies and organizations that are not owned or controlled by the government." Despite this distinction, instances exist where the state invests in private sector concerns and

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