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What is Indigenization Policy in Nigeria Explained about?

The document discusses various economic concepts related to business ownership structures in Nigeria. It defines indigenization as the transfer of business ownership from foreigners to indigenous Nigerians. It outlines the Nigerian Enterprises Promotion Decree of 1977 which classified businesses into schedules mandating different levels of indigenous equity participation. Nationalization refers to the government taking control of private enterprises, often for strategic or public interest reasons. Privatiza

Author

Temitope Ajibode

Language

EN