Tag: power
NIPC: Purpose, function, power, and more
What is the Nigerian Investment Promotion Commission (NIPC)? The Nigerian Investment Promotion Commission (NIPC) was established to promote and attract investment into Nigeria. To increase economic growth and development, the NIPC wields significant power and functions to support potential investors. This article will provide an overview of the NIPC’s purpose, power, functions, and other key …
NOTAP: Function, power, history, and more
What is National Office for Technology Acquisition and Promotion (NOTAP)? The National Office for Technology Acquisition and Promotion (NOTAP) is a Nigerian government agency established in 1979 to regulate and promote technology transfer activities in the country. NOTAP plays a critical role in facilitating the transfer of foreign technology and knowledge to Nigeria while ensuring …
United Nations (UN): Purpose, power, history and functions
What is the United nations? The United Nations (UN) is a global organization established in 1945 to maintain international peace and security, promote economic and social development, protect human rights and provide humanitarian aid. This article will delve into the UN’s purpose, power, history, and functions, highlighting its role in shaping international relations. History of …
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African Development Bank (AfDB): Purpose, history, functions & power
The African Development Bank (AfDB) is a vital institution that plays an important role in Africa’s economic development. The main goal of the bank, which was founded in 1964, is to promote economic growth and reduce poverty on the continent by financing development projects and programs. In this article, we will look at the AfDB’s …
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