Industrial development in Nigeria can be encouraged through

Industrial development in Nigeria can be encouraged through

  • A.
    signing WTO treaty
  • B.
    granting subsidies
  • C.
    the provision of efficient infrastructure
  • D.
    direct government participation
Correct Answer: Option B
Explanation

Subsidies, on the other hand, refer to direct contributions, tax breaks and other special assistance that governments provide businesses to offset operating costs over a lengthy time period. By granting subsidies, industrial development is attainable.

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