The term business comes from the Latin negotium, a word formed by nec and otium ("what is not leisure"). It is about the occupation, the work or the task that is carried out for profit. Among the most notorious debates within the economic world, it is worth highlighting the debate that faces those economists who are more in favor of a market economy, and other economists, who demonstrate less confidence in "the invisible hand" of Adam Smith and, therefore, they propose a planned economy model. A very widespread debate across the planet, which, to date, has not found a valid conclusion.

The Great Nigerian People’s Party (GNPP) was formed towards the end of 1978 by a splinter group which broke away from the NPP following the entry of Dr. Azikiwe into the presidential race on the platform of the NPP in 1978. The GNPP was led by Alhaji Waziri Ibrahim; a former NPC stalwart With a liberal orientation who himself had presidential ambition. The party was therefore fashioned to achieve this objective.