Download Economic History of Nigeria, 1860-1960 by R.Olufemi Ekundare PDF

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By R.Olufemi Ekundare

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31 March summary of facts Annual summary parts British govt capital cent relevant financial institution co-operative cocoa Colonial Annual studies Colonial improvement columbite advertisement banks festival company cotton forex division tasks jap fiscal improvement company Enugu demonstrated ecu expenditure export plants export items manufacturing facility farmers farms Finance organizations cash Ghana govt Printer groundnuts progress Ibadan imported stronger incorporated expanding quantity indigenous commercial funding Kaduna Kano labour Lagos loans production advertising forums ment million mining nationwide Niger Nigerian govt Nigerian Railway Nigerian Railway company Northern Nigeria oil palm Onitsha operated Ordinance palm kernels palm oil interval political inhabitants Port Harcourt initiatives profit river roads Royal African Society rubber region slave alternate social resource Southern strike activities tion lots exchange unions shipping uk wages West Africa Western Nigeria Western zone Yoruba

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Tal bot, op. , p. 200. ~ T. 0. Elias, Nigerian Social and economic conditions by 186o 39 system ... ' 1 In communities conquered by the Emirs it was not unusual to raid for taxes. Such communities usually paid very heavy taxes which were arbitrarily imposed on no recognized basis, while semi-independent tribes paid just as much as their normal rulers could enforce, and were raided at will. In Southern Nigeria, a largely rudimentary indigenous tax system existed. 1ctory feature was that in most of the Yoruba kingdoms tax assessments were based on the ability to pay.

4 A. F. Mockler-Ferryman, Britis/r Nigeria, London, Cassell, 1902, p. 56. 1 2 J 28 Ati economic history of Nigeria THE SLAVE TRADE 1 Before 1S07 The first shipment of African slaves to Portugal took place in 1441. The early slaves sold to wealthy men were well treated, and it was soon regarded as an important moral duty to convert as many Africans as possible to Christianity. However, by 1485 the Portuguese trade with Benin had already been established, and they also possessed a small settlement on the tiny island of Sao Thome.

K. 0. Dike, Trade at1d Politics iuthe Nigcr Delta IBJo-1885, p. 6m. W. B. Baikie, Narrative of au Explorit1g Voyage up the Ri1•ers Kuora and &twe, London, 1856. 4 A. F. Mockler-Ferryman, Britis/r Nigeria, London, Cassell, 1902, p. 56. 1 2 J 28 Ati economic history of Nigeria THE SLAVE TRADE 1 Before 1S07 The first shipment of African slaves to Portugal took place in 1441. The early slaves sold to wealthy men were well treated, and it was soon regarded as an important moral duty to convert as many Africans as possible to Christianity.

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