from Part III - Colonial Societies
Published online by Cambridge University Press: 21 November 2024
Chapter 12 details the economic exploits of Nigeria’s colonial government and private foreign firms and explores the responses from local economic and political forces. The extraction and exploitation of Nigeria’s natural and labor resources were the primary driving factors behind British efforts, aiming to create a lucrative territorial possession that would fit snugly into a global imperial patchwork. To do so, the colonial government and some Indigenous polities promoted the construction of expansive, colony-wide infrastructure projects and extensive investments into its extraction economy, such as the development of commercial cocoa plantations. Such efforts yielded significant economic growth, but, as this chapter details, British actors would receive the most economic gains due to the attempted monopolization of these growing industries. The integration of indirect and legal forms of discrimination would harm local economic actors and non-British foreign firms, resulting in widespread poverty and social disturbance. With the onset of World War I and the economic depressions which followed, even this imbalanced economic growth would slow. Because Britain could no longer focus as much on its colonies, Nigeria’s growing class of educated elites would slowly gain more political representation.
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