A major consequence of the privatization exercise in Nige...
A major consequence of the privatization exercise in Nigeria is
the collapse of the Nigerian economy
reduction in foreign exchange
hıgh rate of indebtedness
mass retrenchment of labour
Correct answer is D
The sole aim of Privatization is profit-making. There is often a reduction of costs or spending and mass retrenchment of labour in response to economic difficulty.
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