What is Public Sector and its broad objectives
Public Sector is the part of economy in which the state acts as entrepreneur Handoson 1077, and it is best described by he 1999 constitution of the federal republic of Nigeria as the services of the federation the state which include clerk or other staff of House of Assembly Courts, water co-operation, Education Institution owned by the government among several others.
The objectives:
A. National – Building 2. Economic Independence, build social welfares 3. Resource mobilization.
B. Its core units/sector, local, government, ministers and extra ministerial Department.
C. List 10 major features of Public Sector
1. The entry and exist into the public sector is fixed and open that is the employee freedom as for how long he or she will remain in the job.
2. It is characterized by originality and integrity.
3. It does not discriminate in terms of:
A. Sex B. Religion C. Culture values and norms
D. Nativity or Origin e.t.c
4. Is to carry out specifies duties and fractions that are geared towards National Development.
5. It is not profit oriental
6. It is bureaucratic
7. Is no today business or enterprises
8. Its perfect market has no distinctions
9. It is non-profit oriental
10. Its mandatory for all and sundry to be in service for only a definite times.
The objectives:
A. National – Building 2. Economic Independence, build social welfares 3. Resource mobilization.
B. Its core units/sector, local, government, ministers and extra ministerial Department.
C. List 10 major features of Public Sector
1. The entry and exist into the public sector is fixed and open that is the employee freedom as for how long he or she will remain in the job.
2. It is characterized by originality and integrity.
3. It does not discriminate in terms of:
A. Sex B. Religion C. Culture values and norms
D. Nativity or Origin e.t.c
4. Is to carry out specifies duties and fractions that are geared towards National Development.
5. It is not profit oriental
6. It is bureaucratic
7. Is no today business or enterprises
8. Its perfect market has no distinctions
9. It is non-profit oriental
10. Its mandatory for all and sundry to be in service for only a definite times.