What are the government parastatals in Nigeria?


  • Asset Management Corporation of Nigeria (AMCON)[18]
  • Social Security Administration of Nigeria (SSA)[19]
  • Budget Office of the Federation (BOF)[20]
  • Bureau of Public Enterprises (BPE)[21]
  • Bureau of Public Procurement (BPP)[22]
  • Central Bank of Nigeria (CBN)[23]
  • Corporate Affairs Commission (CAC)[24]

How many federal agencies do we have in Nigeria?


1 Budget Office, Federal Ministry of Finance
2 Bureau of Public Enterprises (BPE)
3 Central Bank of Nigeria (CBN)
4 Corporate Affairs Commission (CAC)
5 Debt Management Office

How many agencies are under Ministry of Science and Technology?

The Ministry has Seventeen (17) Agencies that are being supervised, namely; National Board for Technology Incubation (NBTI)

What are parastatals?

Meaning of parastatal in English used to describe a company or organization which is owned by a country’s government and often has some political power: The intention of the Government is for all parastatal companies to be privatized.

Is NNPC a parastatal?

Coordination and supervision of all bilateral and multilateral relations affecting the energy (Oil and Gas) Sector; Overall supervision and coordination of the activities of the following parastatals and its subsidiaries: Nigeria National Petroleum Corporation (NNPC) Petroleum Equalization Fund (PEF)

How many MDA are in Nigeria?

The 2019/2020 Federal Government Scorecard was used to evaluate and rank websites belonging to 169 MDAs by an Inter-Ministerial Task Team (IMTT) that comprised representatives from government institutions as well as private and Civil Society organizations. Results were collated by a jury and validated by the IMTT.

What are MDAS?

Multiplication Division Addition and Subtraction. Miscellaneous » Unclassified. Rate it: MDAS.

What is the history of parastatals in Nigeria?

But 1st October 1990, Nigeria was a colonial territory whose politics government, economy and indeed business were dominated and controlled by the charter of administration. Most present day, parastatals started in the colonial years as government department and grow into corporation.

What are the highest-paying government parastatals in Nigeria?

These include the likes of Nigerian National Petroleum Corporation, Bank of Industry, Central Bank of Nigeria, Federal Inland Revenue Service, Nigerian Maritime Administration and Safety Agency amongst others. In this post, we take a look at these highest-paying government parastatals in Nigeria

When was the Nigerian National Petroleum Corporation (NNPC) formed?

The Nigerian National Petroleum Corporation (NNPC) was set up on the 1st of April 1977. It was the product of the merger between the Nigerian National Oil Corporation and the Federal Ministry of Mines and Steel.

What is the role of parastatals in the government?

Government parastatals are principally established as instruments for implementing economic or social development programme or for supplying essential services to the people.