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Dollar Expenditure, Nigeria And Gold Coast

Volume 462: debated on Wednesday 16 March 1949

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asked the Secretary of State for the Colonies if he is satisfied that the dollar allocations put at the disposal of the Governments of Nigeria and the Gold Coast are sufficient for their urgent present needs, in view of the increasing contributions both countries are making to our total dollar earnings; and if he will review the matter.

Colonial spending of dollars on imports is regulated in accordance with annual import programmes which are drawn up in the territories and sent to my right hon. Friend for approval. I am satisfied that these arrangements enable Nigeria and the Gold Coast to obtain their essential imports. The matter is kept continuously under review.

Is my hon. Friend satisfied that the relationship between the requirements, as expressed by the Governor, and the allocations is reasonably close.