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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:The Nigerian Indigenization Policy: Nationalism or Pragmatism?
Author:Ogbuagu, Chibuzo S.A.
Year:1983
Periodical:African Affairs: The Journal of the Royal African Society
Volume:82
Issue:327
Period:April
Pages:241-266
Language:English
Geographic term:Nigeria
Subjects:business
Africanization
Politics and Government
Development and Technology
Economics and Trade
External link:https://www.jstor.org/stable/721406
Abstract:This article focuses on the Nigerian Indigenization policy and the strong internal pressures that resulted in the state's intervention in the private sector. In June 1971, the Nigerian government outlined the primary objectives of the indigenization policy as follows: To create opportunities for Nigerian indigenous businessmen; to maximize local retention of profits; and to raise the level of intermediate capital and goods production. This article suggests that the Nigerian Enterprises Promotion Decree seems to be predicated on a strong feeling of political and economic nationalism. Sections: Pre-independence pressures for the Nigerianization of the Nigerian economy and the administrative system - post-independence pressures for the administrative and economic 'liberation' of Nigeria - Nigerianization of the economic sector - sources of pressure: a closer look - perception and reality of indigenization - assessment of the indigenization policy: what has it achieved? Notes.
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