JAMB - Commerce (2024 - No. 31)
The policy designed to accelerate the greater participation of Nigerians in the ownership and management of business enterprises in Nigeria is called
nationalisation
indigenity
commercialization
industrialization
Selitys
Indigenization refers to a policy or set of measures aimed at promoting and increasing the participation of indigenous people, in this case, Nigerians, in the ownership and management of businesses within their country. It involves creating opportunities, providing incentives, and implementing regulations to ensure that a significant portion of the economy is controlled by Nigerian citizens.