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Nigeria (Groundnuts)

Volume 527: debated on Tuesday 4 May 1954

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asked the Secretary of State for the Colonies what amount accrues to the Groundnuts Marketing Board in Nigeria on each ton of groundnuts sold and what amount on the equivalent expressed as oil and cake; and what amount is paid to the Nigerian Government in export duty on similar quantities.

pursuant to the reply of his hon. and learned Friend [OFFICIAL REPORT, 10th March, 1954, Vol. 524, c. 160] supplied the following information:The information requested about the amounts per ton accruing to the Nigeria Groundnut Marketing Board and paid to the Nigerian Government in export duty are given in the table below. The figures relate to the Board's trading year ended 31st October, 1953, during which certain tonnages of groundnuts shipped from the 1951–52 crop were paid for at the guaranteed minimum price in the Ministry of Food's contract with the Board.

Amount accruing to BoardExport duty
£ per ton£ per ton
1. Groundnuts exported as nuts11·088·16
2. Groundnuts exported as oil and cake3·317·38
of which—
oil−1·405·51
cake4·711·87

Note.—One ton of groundnuts produces, on average. 0·42 ton of oil and 0·58 ton of cake.