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WAEC Commerce 1994 Question 26

Question 26

Government and Business

Which of the following is an objective of indigenisation? To

  1. A.increase foreign participation in business
  2. B.attract foreign capital
  3. C.help Nigerian entrepreneurs become monopolists
  4. D.help citizens participate fully in the economy
  5. E.distribute income
Show the answer and explanation

Answer: D (help citizens participate fully in the economy)

Explanation

Indigenisation aimed to put more of the economy in the hands of Nigerians.