Which of the following is not an objective of the Indigenisaton policy in Nigeria? To

Assessment: WAEC SSCE - Economics - 1995 (Objective) Subject: Economics

Question 1 Report

Which of the following is not an objective of the Indigenisaton policy in Nigeria? To
Answer Details
The objective of the Indigenisation policy in Nigeria was to reduce foreign dominance of the Nigerian economy by increasing Nigerian participation, protecting the national interest and security, and preventing foreign monopoly of the economy. The policy did not aim to eliminate foreign participation in the Nigerian economy. Therefore, the option "eliminate foreign participation in the Nigerian economy" is the correct answer.
Read lesson note on Economic Growth And Development (JAMB)
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