Question on: JAMB Government - 2021
The Barclay's Bank and the British Petroleum Company in Nigeria were nationalized in the late 1970s for transacting business with ...
A
Libya
B
South Africa
C
France
D
Portugal
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Correct Option: B
Option B is the correct answer.
The British revenue was greatly impacted by the nationalization of the British Petroleum company. Furthermore, by nationalizing the British-owned Barclays Bank in 1978 for its operations in South Africa, this bank no longer profited from handling the transactions of all public agencies and corporations in Nigeria
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