Communism is a political and socio-economic ideology based on the abolition of private property and social classes. Capitalism, on the other hand, refers to a socio-economic system based on the right to private ownership of the means of production and free trade in goods and products.
Like the SDP, the National Republican Convention (NRC) was formed and sponsored by the Federal Military Government. The first Chairman of the National Republican Convention party was Chief Tom Ikimi and he was succeeded by Dr. Hamed Kusamotu. Other prominent members of the NRC political party were Alhahi Umaru Shinkafl, Chief Evans Enwerem and Alhaji Bashir Tofa, the party’s presidential candidate in the 1993 presidential elections.