ORIGIN OF OPEC Organization of Petroleum Exporting Countries (0PEC) , comprises of 13 third world petroleum producing countries , formed in 1960 to promote and protect the interest of its members. OPEC as an organization was formed as a reaction to the exploitative motives of multinational companies, which as at that time were controlling oil […]
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FORMATION OF ECOWAS The Economic Community of West African States (ECOWAS) was created by the Treaty in Lagos, Nigeria, on 28th May, 1975. It was created to promote economic trade, national cooperation and monetary union, for growth and development throughout West Africa. The administrative headquarters of the community is located in Abuja, while the
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Origin of U.N.O The United Nation Organization came into being on October 24, 1945 as a successor to the League of Nations, which collapsed as a result of the Second World War. The formation of the U.N.O. was led by the victorious powers, which were United Kingdom, America, Russia and China. The United Nation has
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