SOURCES OF FINANCE TO PUBLIC CORPORATIONS
Loans and overdrafts: Public corporations can obtain loans and overdrafts from commercial or development banks.
Internally generated revenue: Public corporations can also raise capital from revenue generated internally.
Grant from government: Most of the fund available to public corporations are mainly from grants given by government.
Grant from international financial institutions: Public corporations can also derive their fund from some international financial institutions such as the International Monetary Fund (I.M.F.) and African Development Bank (ADB).
Grant from foreign countries: Foreign countries can also give grants or finance for the setting-up or running of a public corporation as a special aid, e.g. Britain. United States of America and Japan.