The aim of indigenization policy was to ____________
A. build more industries in the economy B. increase the drain in foreign exchange C. increase foreign domination of the economy D. increase the participation of Nigerians in commerce and industry E. send all the foreigners away from Nigeria
Correct Answer: D
Explanation
Indigenization is the transfer of ownership and control of business enterprises from foreigners to indigenes. It is aimed at increasing the participation of indigenes in commercial activities while reducing the presence of foreign players.
