§ 23. Mr. Rileyasked the Secretary of State for the Colonies why the current price for cocoa exported from Nigeria is £3per ton less than the price of exports from the Gold Coast.
§ Mr. Emrys-EvansThe respective prices for cocoa in the Gold Coast and Nigeria are £15 and £12 10s. per ton naked ex-scale port of shipment respectively. I regret that the price of £12 for Nigeria given in the answer to my hon. Friend the Member for Heywood and Radcliffe (Mr. Wootton-Davies) on the 23rd of February was incorrect. The difference of £2 10s, is attributable as to 10s. per ton to the quality differential between Nigeria and Gold Coast cocoa, and as to £2 to a transport subsidy payable in the Gold Coast, but not in Nigeria, to enable the port price to be paid at up-country buying stations.