The Nigeria National Economic Council (NEC) | Functions, Aims & Objectives The National Economic Council first came into existence under the 1979 Constitution. The council advises the President on economic matter affecting federal and state governments in Nigeria. The members of the council which is headed by the Vice President are state...

Sole Proprietorship is a one man business organization. It is the simplest unit of business organization though usually not the smallest in all respects. It features prominently in the trades, occupations, agriculture and small scale industrial establishments.