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The Meaning and Import of Article 181 (5) of the 1992 Constitution and its Effect on Statutory Corporations Set Up with Commercial Functions
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The Meaning and Import of Article 181 (5) of the 1992 Constitution and its Effect on Statutory Corporations Set Up with Commercial Functions

Introduction Article 181(5) of the 1992 Constitution requires that all international business or economic transactions to which the Government is a party must be laid before Parliament for approval before it can come into effect. Thus, for a transaction to fall within article 181 (5) of the Constitution, it must have the following elements: It...