Constitution of the Federal Republic of Nigeria (Fourth Alteration) Acts, 2017
Annotated alteration evidence — page 39
- Jurisdiction
- Nigeria
- Provision
- 39
- Source language
- English
- Recorded status
- in force
More details
- Recorded status
- in force
Provision text
Official source(b) to administer any law for the regulation of the ownership and
control of such enterprises.
(4) For the purposes of subsection (1) of this section -
(a) the reference to the “major sectors of the economy” shall
be construed as a reference to such economic activities as may,
from time to time, be declared by a resolution of each House of
the National Assembly to be managed and operated exclusively
by the Government of the Federation; and until a resolution
to the contrary is made by the National Assembly, economic
activities being operated exclusively by the Government of the
Federation on the date immediately preceding the day when
this section comes into force, whether directly or through the
agencies of a statutory or other corporation or company, shall be
deemed to be major sectors of the economy;
(b) “economic activities” includes activities directly concerned
with the production, distribution and exchange of wealth or of
goods and services; and
(c) “participate” includes the rendering of services and supplying
of goods.
17. Social objectives
(1) The State social order is founded on ideals of Freedom, Equality
and Justice.
(2) In furtherance of the social order-
(a) every citizen shall have equality of rights, obligations and
opportunities before the law;
(b) the sanctity of the human person shall be recognised and
human dignity shall be maintained and enhanced;
(c) governmental actions shall be humane;
(d) exploitation of human or natural resources in any form
whatsoever for reasons other than the good of the community,
shall be prevented; and
The Constitution of the Federal Republic of Nigeria Updated with the First, Second , Third and Fourth Alterations 33
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Constitution of the Federal Republic of Nigeria (Fourth Alteration) Acts, 2017 · placng.org · Retrieved 18 August 2026.
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