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The aim of indigenization policy was to ____________

The aim of indigenization policy was to ____________
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Build more industries in the economy
  • B Increase the drain in foreign exchange
  • C Increase foreign domination of the economy
  • D Increase the participation of Nigerians in commerce and industry
  • E Send all the foreigners away from Nigeria
Correct Answer: Option D
Explanation:
Indigenization is the transfer of ownership and control of business enterprises from foreigners to indigenes. It is aimed at increasing the participation of indigenes in commercial activities while reducing the presence of foreign players.

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