National Assembly (Nigeria) National Assembly (Nigeria) The National Assembly of the Federal Republic of Nigeria is a bicameral legislature established under section 4 of the Nigerian Constitution. It consists of a Senate with 109 membersand a 360-memberHouse of Representatives The body, modelled after the federal Congress of the United States, is supposed to guarantee equal representation of the 36 states irrespective of size in the Senate and proportional representation of population in the House. The National Assembly, like many other organs of the Nigerian government, is based in the Federal Capital Territory, Abuja. The Senate is chaired by the President of the Nigerian
Perspectives on capitalism by school of thought from taxation policy are achieved by optimizing the marginal tax rates to spur growth, although it is a common misunderstanding that supply side economics is concerned only with taxation policy when it is about removing barriers to production more generally. Today, the majority academic research on capitalism in the English-speaking world draws on neoclassical economic thought. It favors extensive market coordination and relatively neutral patterns of governmental market regulation aimed at maintaining property rights; deregulated labor markets; corporate governance dominated by financial owners of firms; and financial systems depending chiefly on capital market-based financing rather than state financing. Milton Friedman