Concept:Indigenization is the policy that empowers local citizens to own and manage businesses in their country.
Explanation:The policy aims to transfer economic control from foreign owners to Nigerian citizens.
It increases Nigerian participation in business ownership and management.
It also gives local people more influence over key sectors of the economy.
Nationalisation means government takeover of businesses, not local citizen ownership.
Commercialization refers to making state-owned enterprises operate profitably.
Industrialization focuses on developing industries, not local ownership.
Therefore, the policy described is indigenization.
Answer:B. indigenity