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Political parties usually adopt different methods to achieve political power. It is this strategies or methods that provide parties with their organisation. Thus, the type of party organisation depends on the kind of methods they employ to realise their objectives. This implies that political parties create certain structures in order to capture political power.
Organisation of Public Corporations Public Corporations are created by government and are, therefore, responsible to the government through the minister in charge of the corporation's...
An imperfect market may be defined as any market structure where either the buyers or the sellers can influence the prices of goods and services because they are few in number. An imperfect market deals in different products.
A bank may be defined as a financial institution set up purposely for safe-keeping of money, valuable goods and documents like wills and others. The existence of banks has been a big boost to business activities theworld over.
Development bank may be defined as a financial institution set up purposely to offer long term loans meant for development projects while commercial bank may be defined as a financial institution which carries out retail banking services, set up for keeping and lending money to people, owned by organisations, individual or governments, for the purpose of making profits.
A Central Bank is a National Government owned apex financial institution which controls and supervises the entire monetary system of a country. It assists, directs and regulates the activities of other financial institutions to make them comply with government monetary and economic policies.
Insurance Company Meaning An insurance company is a financial institution whose primary function is to receive premiums and enter into contract with individuals and organizations...
Central bank is a financial institution which controls and supervises the entire monetary system of a country while Commercial bank may be defined as a financial institution which carries out retail banking services, set up for keeping and lending money to people, owned by organisations, individual or governments, for the purpose of making profits.
A commercial bank is a joint-stock financial institution which trades in money with the sole aim of raising profits for its shareholders.
OPEC was established in Baghdad, Iraq in September 1960. Like many other international organizations, OPEC was formed by a few founding members, namely, Iran, Iraq, Kuwait, Saudi Arabia and Venezeula. In the 1960s, five more countries became members: Qatar (1961), Indonesia (1962), Libya (1962), Abu Dhabi (1967) and Algeria (1969). In 1974, the United Arab Emirates of which Abu Dhabi was the dominant member took Abu Dhabi’s place.
According to Professor Robbins, Economics may be defined as “a Science which studies human behaviour as a relationship between ends and scarce means which have alternative uses."
Nigeria became a member of the Non-Aligned Movement at the independence in 1960. The tone for Nigeria’s non-alignment policy was laid by Prime Minister Abubakar Tafawa Balewa in a speech he made at the House of Representatives on 7th October 1960, six days after Nigeria’s independence.
Africa as the “centrepiece” of Nigeria’s foreign policy means that Africa is the focus of Nigeria’s foreign policy. In other words, this policy orientation implies that the country places a high premium on issues relating to African affairs in her foreign policy.
Globalization is a phenomenon based on the continuous increase in the interconnection between the different nations of the world on the economic, political, social and technological levels. The use of this term has been used since the 80s. That is, since technological advances have facilitated and accelerated international commercial and financial transactions. And for this reason, the phenomenon has as many defenders - such as the International Monetary Fund (IMF) or the World Bank - as detractors.
Electoral Malpractices is the manifestation of all forms of electoral misconducts, capable of derailing the electoral process. Therefore, Election malpractice and rigging could be reduced if the following steps were taken.
The local governments in Nigeria are directly under the control and supervision of state governments. The state governments exercise their authority over the local councils through the Ministry of Local Government which was once abolished and later reinstated.
Privatization is a policy of the government created to afford individuals, corporate bodies, the opportunity to take over ownership and control of government enterprises, companies, etc. while Commercialization is a state policy of making its companies, enterprises, parastatals, etc, more efficient and even more profit oriented. It will also make these organisations come up with efficient management of resources.
An autocracy is a government under the control of one person who usually achieved his position by force. It is a government of an absolute ruler. The autocratic state is a form of despotic or tyrannical rule. The autocratic state is also sometimes called the authoritarian state. it represents an attempt by the ruling classes to perpetuate their domination.
Limitations to the Application of Rule of Law The rule of law is defined as the supremacy of law over everybody in a political system....
The presidential system of government is based on separation of power where the Executive is separated from the Legislature. It can also be regarded as a system where executive powers are invested in one person called the president and in which the Executive arm of government is separated from the Legislature but equal to it.