Concept:Public corporations in Nigeria are government-owned enterprises that usually suffer from inefficiency and poor management.
Explanation:Public corporations are set up to provide essential services to the people at affordable rates.
However, they often face serious operational problems in Nigeria.
Common problems include embezzlement of funds, political interference, and favouritism in appointments.
Workers may also show a negative attitude toward their jobs.
Frequent changes in government can bring political instability into the management of these corporations.
These factors cause government funds to be spent without corresponding benefits to the public.
As a result, there is a high level of wastage of scarce resources.
This wastage is a major problem because it reduces the efficiency of public corporations and prevents them from achieving their goals.
Among the options given, the best answer is the one that refers to this misuse of resources.
Answer:B. wastage of resources