Bpeng.org - Information on privatizing & commercialization in Nigeria

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Title

BPE - Bureau of Public Enterprises :: Nigeria ::

Description

Presidential system consisting the Executive branch, headed by the President and Commander-in-Chief of the Armed Forces, President Olusegun Obansanjo, a bicameral National Assembly (Senate - 109 members; House of Representatives - 360 members), and the judiciary consisting the Supreme Court, Federal Court of Appeal, Federal High Court, State High and Magistrate Courts, and Customary Sharia Courts.

The Federation is made up of a Federal Government, 36 State Governments, the Federal Capital Territory, Abuja and 774 local governments.

Nigeria is the second largest economy in sub-Sahara after South Africa. Significant investment opportunities exist in telecommunications, power (especially generation), oil and gas, and manufacturing. Nigeria follows a market oriented economic development strategy. All forms of market-based reforms have been introduced and more inducements to both domestic and foreign private investments have been provided.

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