The imperative of local government system was brought to the fore after independence in 1960. The three geo-political regions continued with the existing system. Each regions adopted the system it deemed fit for its peculiarity. The north continued with the native authority system which revolves mostly around traditional rulers while the west and east operated […]
See History Of Nigeria Democracy Below….. Democracy Day is a public holiday in Nigeria. It is held annually on May 29. This public holiday commemorates the restoration of democracy in the Federal Republic of Nigeria, when the newly elected Olusegun Obasanjo took office as the President of Nigeria in May 1999 ending multiple decades of military rule that began in 1966 and had been interrupted only […]
See History Of Nigeria Debt Below…. Following persistent budget deficits, Nigeria’s debt is now growing faster than the rate of Gross Domestic Product (GDP). Nigeria’s public debt data, which comprises federal and state governments debt combined, shows that debt has been growing at double-digit, compared to the growth of GDP at single digit. In 2013, debt […]
See Below The History Of Nigeria Library The national library of nigeria came into existence by the national library act passed in september, 1964. This act was later replaced and substituted with the national library decree no 29 of 1970. It is a grade “a” parastatal and the apex library in the country. It is the […]
See History Of Nigeria Currency Below…. The West African Currency Board was responsible for issuing currency notes in Nigeria from 1912 to 1959. Prior to the establishment of the West African Currency Board, Nigeria had used various forms of money including cowries and manilas. On 1st July, 1959 the Central Bank of Nigeria issued the Nigerian […]
Before the advent of the British Government in 1861, Nigerians operated customary land tenure system which was indigenous to the people. Like all other customs, the customary land tenure system varied from place to place and was accepted as ‘a mirror of accepted usage’, see Owoniyi v. Omotosho (1961) 1 All NLR 304 and Kimdey […]
See History Of Nigeria Crude Oil In Nigeria Below…. Oil was discovered in Nigeria in 1956 at Oloibiri in the Niger Delta after half a century of exploration. The discovery was made by Shell-BP, at the time the sole concessionaire. Nigeria joined the ranks of oil producers in 1958 when its first oil field came on […]