MEANING OF PUBLIC CORPORATIONS
Public corporations are statutory bodies or government enterprises created by an Act of Parliament to provide essential services for the citizens at minimized costs.
The Nigeria Ports Authority, the Federal Radio Corporation, Nigeria Television Authority, etc. are examples of public corporations.
DIFFERENCES BETWEEN PUBLIC CORPORATIONS AND THE CIVIL SERVICE
The following are the major differences between public corporations and the civil service in Nigeria:
(i) Public corporations are expected to operate like commercial ventures while ministries are created and organised to provide services, much of which attract little or no payment.
(ii) A public corporation is managed by members of Board of Directors while the civil service or a ministry is managed by a minister advised by the Director General or Permanent Secretary.
(iii) The Chairman of the board of directors is the political head of a public corporation while the political head of a ministry is the minister.
(iv) The managing director or general manager is the corporation’s administrative head while a director general is the ministry’s administrative head.
(v) Employers of a public corporation are called public servants that of a civil service or a ministry are known as civil servants.
(vi) Workers of a public corporation are appointed or employed by the board of directors that of a government department are employed by the public service commission.
(vii) Government ministries and departments are characterised by bureaucracy while public corporations have flexible and quick decision making machinery.
(viii) A public corporation though profit making is not the main motive for its establishment is expected to make profit not to run at a loss while a ministry is a non-profit making organization
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