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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Indigenisation law as a means of economic control: the Nigerian experience
Author:Fabunmi, Jonathan Olufunso
Year:1984
Periodical:Jahrbuch für afrikanisches Recht
Volume:5
Pages:13-33
Language:English
Geographic term:Nigeria
Subjects:business
Africanization
Abstract:The various indigenization measures embarked upon by the Nigerian Government with a view to concretizing its indigenization policy are considered, in particular the Nigerian Enterprises Promotion Decree (1972) and its subsequent amendments and updatings, all of which were later repealed and replaced by the Nigerian Enterprises Promotion Decree (1977), as well as the several decrees pertaining specifically to the oil industry. While the policy of indigenization is the best option for achieving economic independence, lack of proper orientation and consciousness has limited the success achieved so far. Notes, ref.
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