Concept:The indigenization policy was a deliberate economic reform introduced to increase Nigerian ownership and control of businesses in the country.
Explanation:In 1972, the Nigerian Enterprises Promotion Decree was enacted under the regime of General Yakubu Gowon.
This policy, commonly called the indigenization policy, restricted certain categories of economic activities to Nigerian citizens only.
It was designed to reduce foreign dominance in the economy and to promote greater Nigerian participation in trade, industry, and commerce.
The policy also empowered indigenous entrepreneurs to take over and manage businesses that were previously controlled by foreigners.
Later regimes, such as those of General Olusegun Obasanjo, General Ibrahim Babangida, and General Sani Abacha, did not introduce the policy but rather built upon or modified the existing decrees.
Therefore, the correct regime under which indigenization was introduced is the administration of General Yakubu Gowon.
Answer:A. General Yakubu Gowon