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
Correct Answer: Option C
Explanation:
Indigenisation is a government policy designed to increase the participation and ownership of indigenous citizens in businesses previously controlled or owned by foreigners. It transfers part or all of the ownership and control of certain enterprises to citizens of the country.
Indigenisation is a government policy designed to increase the participation and ownership of indigenous citizens in businesses previously controlled or owned by foreigners. It transfers part or all of the ownership and control of certain enterprises to citizens of the country.