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  1. Constitutions
  2. Nigeria
  3. Annotated alteration evidence — page 39

🇳🇬 NigeriaConstitution

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

Source record

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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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