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Question on: JAMB Commerce - 2024

The policy designed to accelerate the greater participation of Nigerians in the ownership and management of business enterprises in Nigeria is called

A

Nationalisation

B

Indigenity

C

Commercialization

D

Industrialization

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Correct Option: B

The policy designed to accelerate the greater participation of Nigerians in the ownership and management of business enterprises is indigenization. Indigenization policies aim to increase the participation of local citizens in the economy by transferring ownership and control of businesses to them.

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