Question 58
Government and BusinessWhich of the following is the main aim of the Indigenization Decree? To
- A.alleviate the effects of inflation
- B.eliminate foreigners from Nigerian economy
- C.remove all obstacles to commercial activities
- D.allow Nigerians greater participation in commercial activities
- E.alleviate the effects a depressed economy
Show the answer and explanation
Answer: D (allow Nigerians greater participation in commercial activities)
Explanation
The Indigenisation Decree reserved some businesses for Nigerians and gave them bigger shares in others.