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A government policy that encourages transfer of ownership from foreigners to indigenes ...

A government policy that encourages transfer of ownership from foreigners to indigenes of the country is known as
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Indigenisation
  • B Commercialisation
  • C Nationalisation
  • D Privatisation
Correct Answer: Option A
Explanation:
Indigenization is the transfer of ownership and control of the business enterprises from foreigners to the indigenes. It is a policy designed to ensure greater participation of indigenes in the ownership, control and management of business enterprises.

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