The policy designed to accelerate the greater participation of Nigerians in the ownership and management of business enterprises in Nigeria is called
- commercialization
-
indigenity
- industrialization
- nationalis-ation
- privatization
The correct answer is: B
Explanation
Indigenization refers to policies aimed at increasing the participation of indigenous Nigerians in the ownership and management of business enterprises in Nigeria. The policy is designed to ensure that a significant share of business ownership and management is controlled by local citizens, thereby promoting economic self-reliance and reducing foreign dominance in the Nigerian economy.