Public corporations in Nigeria are established through
Answer Details
Public corporations in Nigeria are established through an Act of Parliament. This process involves the creation and passage of a specific law by the legislative body, which in Nigeria is the National Assembly.
Here's a simple way to understand this:
When there's a need for a new public corporation to handle national issues like utilities, transportation, or broadcasting, a proposal is made in the form of a bill.
This bill is then discussed, debated, and voted on by the members of the National Assembly, which consists of two houses: the Senate and the House of Representatives.
Once both houses approve the bill, it is sent to the President for assent. After the President's approval, it becomes an Act of Parliament.
This Act legally establishes the public corporation, specifying its duties, powers, and organizational structure.
In essence, an Act of Parliament is the formal legislative process through which public corporations in Nigeria are established, allowing them to function under the legal framework provided by the law.