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Question on: JAMB Commerce - 2023


A government policy that encourages transfer of ownership from foreigners to indigenes of the country is known as

A
indigenisation
B
commercialisation
C
nationalisation
D
privatisation
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Correct Option: A
Indigenisation is a government policy that encourages the transfer of ownership from foreigners to the citizens of the country, aiming to promote local control and benefits from business and resources.

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