The strained relationship between Nigeria and Britain during Murtala/Obasanjo's regime in 1975 led to ________

Assessment: JAMB UTME - History - 2020 Subject: History

Question 1 Report

The strained relationship between Nigeria and Britain during Murtala/Obasanjo's regime in 1975 led to ________
Answer Details
The strained relationship between Nigeria and Britain during Murtala/Obasanjo's regime in 1975 led to the nationalization of British petroleum and Barclays bank. This means that the Nigerian government took control of these companies and made them state-owned. This move was seen as a way for Nigeria to assert its independence from Britain and to take control of its own resources. The nationalization of these companies caused some tension between Nigeria and Britain, but it was also seen as a way to promote economic growth and development in Nigeria.

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