Question 31
Government and BusinessThe Act designed to reserve certain businesses exclusively for Nigerians is known as the
- A.Sale of Goods Act
- B.Weights and Measures Act
- C.Nigerian Enterprises Promotion Act
- D.Standards Organization of Nigeria Act
- E.Trade Marks Act
Show the answer and explanation
Answer: C (Nigerian Enterprises Promotion Act)
Explanation
The Nigerian Enterprises Promotion (Indigenisation) Act reserved some businesses for Nigerians.