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BMF – May 2022 – L1 – SA – Q3 – The Business Environment

Identify the policy intent that was not part of Nigeria's petroleum subsidy program.

Recently, the Nigerian government adopted a policy of subsidising imported petroleum products. The following were the intent of the policy, EXCEPT:

A. Maintain low fuel prices
B. Reduce production costs in industry
C. Provide incentive to make Nigerian refineries more efficient
D. Promote the accessibility of transport to the wider population
E. Promote the accessibility of infrastructure to the wider population

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PSAF – Nov 2017 – L2 – Q1d – The Context of Public Financial Management

Identify the consequences of an economy without a public sector.

In every economy, there exists a dichotomy of sectors: public sector and the private sector. These two sectors co-exist in every economy symbiotic fashion. Most often, the private sector is hailed for superior performance in terms of economy, efficiency, and accomplishment, leading to the view that the public sector should be done away with completely.

Required:
Identify FOUR consequences an economy is likely to face in the absence of the public sector. (4 marks)

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PSAF – May 2020 – L1 – Q4b – Public sector financing initiatives

Explain different types of Public-Private Partnership arrangements.

A Public-Private Partnership (PPP) is a contractual arrangement between a public entity and a private sector party, with a clear agreement on shared objectives for the production of public infrastructure and services traditionally provided by the public sector. PPPs can have many different forms.

Required:
Explain the following types of Public-Private Partnership arrangements:
i) Operating and Maintenance Contract
(2.5 marks)

ii) Rehabilitate Operate and Transfer
(2.5 marks)

iii) Service Concession
(2.5 marks)

iv) Joint Venture
(2.5 marks)

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BMF – May 2022 – L1 – SA – Q3 – The Business Environment

Identify the policy intent that was not part of Nigeria's petroleum subsidy program.

Recently, the Nigerian government adopted a policy of subsidising imported petroleum products. The following were the intent of the policy, EXCEPT:

A. Maintain low fuel prices
B. Reduce production costs in industry
C. Provide incentive to make Nigerian refineries more efficient
D. Promote the accessibility of transport to the wider population
E. Promote the accessibility of infrastructure to the wider population

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You're reporting an error for "BMF – May 2022 – L1 – SA – Q3 – The Business Environment"

PSAF – Nov 2017 – L2 – Q1d – The Context of Public Financial Management

Identify the consequences of an economy without a public sector.

In every economy, there exists a dichotomy of sectors: public sector and the private sector. These two sectors co-exist in every economy symbiotic fashion. Most often, the private sector is hailed for superior performance in terms of economy, efficiency, and accomplishment, leading to the view that the public sector should be done away with completely.

Required:
Identify FOUR consequences an economy is likely to face in the absence of the public sector. (4 marks)

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PSAF – May 2020 – L1 – Q4b – Public sector financing initiatives

Explain different types of Public-Private Partnership arrangements.

A Public-Private Partnership (PPP) is a contractual arrangement between a public entity and a private sector party, with a clear agreement on shared objectives for the production of public infrastructure and services traditionally provided by the public sector. PPPs can have many different forms.

Required:
Explain the following types of Public-Private Partnership arrangements:
i) Operating and Maintenance Contract
(2.5 marks)

ii) Rehabilitate Operate and Transfer
(2.5 marks)

iii) Service Concession
(2.5 marks)

iv) Joint Venture
(2.5 marks)

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