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JAMB Government 2001 Question 42

Question 42

Nigeria's Foreign Policy

The Barclays Bank and the British Petroleum Company in Nigeria were nationalized in the late 1970s for transacting business with

  1. A.France
  2. B.South Africa
  3. C.Portugal
  4. D.Libya
Show the answer and explanation

Answer: B (South Africa)

Explanation

Nigeria took over BP's assets (1979) and Barclays Bank's shares to punish their links with apartheid South Africa.