Government parastatals in Nigeria are state-owned enterprises or agencies established to provide specific services, manage resources, or regulate sectors of the economy. They operate under the purview of the government and can be involved in various sectors such as transportation, energy, health, and telecommunications. Parastatals often aim to promote public welfare, generate revenue, and implement government policies. Examples include the Nigerian National Petroleum Corporation (NNPC) and the National Electric Power Authority (NEPA).
Nigeria's government is a federal republic.
Nigeria's government today is authoritarian.I hope that helped!
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Advantages and disavantages of parastatals companies
Advantages and disavantages of parastatals companies
Nigeria is a secular state because the government is not controlled by any one religion. There are Christians and Muslims and others in the government of Nigeria.
Nigeria is currently a Federal Presidential Republic.
Nigeria employs a federal system of government.
A parastatals is a government organization. They do what the government tells them. A public corporation is owned by the members of the public, via shareholding.
Advantages and disavantages of parastatals companies
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