HC Deb 23 September 1931 vol 256 c1630
17. Colonel WEDGWOOD

asked the Secretary of State for the Colonies what is the total amount of loans raised for public works in and by Nigeria during the last 10 years for which His Majesty's Government has undertaken to pay interest during initial years; and whether the Budget of Nigeria balances and is expected to balance in the current year?


The answer to the first part of the question is "Nil"; and to the second part "Yes, with some resort to past surplus balances."