WAEC Commerce 1996 Question 44

Question 44

Government and Business

Which of the following is primarily established to promote the growth of industry in Nigeria?

  1. A.NITEL
  2. B.UBA
  3. C.NIPOST
  4. D.NIDB
  5. E.UAC
Show the answer and explanation

Answer: D (NIDB)

Explanation

The Nigerian Industrial Development Bank was set up to finance industrial growth.