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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:
Indigenisation is a policy aimed at increasing the participation of citizens or indigenes in the ownership and control of businesses previously dominated by foreign investors. It transfers a greater share of ownership and control to local interests.

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