From the economic process that occurs, the private sector provides a positive effect, which is always present in a country and its role can help, advance the economic sector in all fields and it has been proven, reducing the unemployment rate which is currently increasing with the presence of this private sector providing a role to help the government, because the government finds it difficult to work alone and it is something that is mutually needed.
The importance of private sectors in economical growth can not be overlooked especially in a time like this when responsibility is becoming a budden on government which they are yet to meet up successfully. Some of these private sectors have made positive influence in the live of people and contribute immensely to the development of the economy. Unfortunately, the government has not been playing her role effectively to aid their participation in economical growth due to unfavorable working environment and necessary support to them. In some countries especially in Africa continent, some private sectors are the most contributor to the economy because the public or government sectors are regarded as no man property and no one care about whether they are working successfully or not and corruption has bewildered the ones working thereby not allowing it to impact the economy growth.