JAMB - Commerce (2024 - No. 6)
The first Nigerian enterprises promotion decree was promulgated in
1972
1973
1974
1977
Explication
The Nigerian Enterprises Promotion Decree of 1973, also known as the Indigenization Decree, was a significant policy implemented by the Nigerian government aimed at promoting indigenous participation and ownership in the country's economy. The decree outlined provisions for the transfer of ownership and control of certain businesses from foreign owners to Nigerian citizens.