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

Assessment: WAEC SSCE - Commerce - 1996 (Objective) Subject: Commerce

Question 1 Report

Which of the following is primarily established to promote the growth of industry in Nigeria?
Answer Details
NIDB (Nigeria Industrial Development Bank) is primarily established to promote the growth of industry in Nigeria. NIDB is a development finance institution established by the Nigerian government to provide financial assistance and advisory services to the industrial sector in Nigeria. Its main objective is to facilitate the growth and development of industries by providing financial assistance, equity participation, technical assistance and other related services to eligible enterprises.
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