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1000Reasons

1972Event

Nigerian Enterprises Promotion Decree

The indigenization decree sought to increase Nigerian ownership and control of parts of the economy by restricting foreign participation in specified sectors.

Hall of FameMilitary I

1972

Nigerian Enterprises Promotion Decree

The indigenization decree sought to increase Nigerian ownership and control of parts of the economy by restricting foreign participation in specified sectors.

1000reasons.voteCountry Studies

What happened

The indigenization decree sought to increase Nigerian ownership and control of parts of the economy by restricting foreign participation in specified sectors. It tied oil-boom nationalism to domestic capitalism and later debates over who benefited from postwar economic restructuring.

Sources

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