Question Detail
Question
The 'Apo Ijo' insurance system, also known as 'Otu' in pre-colonial Nigerian communities, was primarily focused on what purpose?
Correct Answer
Option B is the correct answer.
Detailed Explanation
The text describes 'Apo Ijo' (Otu) as 'an important economic organization constituted by mutual consent of young people, age grades and extended family to attend to unforeseen crises.'
Hint
Look for the specific function attributed to 'Apo Ijo' or 'Otu' in the context of insurance institutions.