§ 7. Mr. Tilneyasked the Secretary of State for the Colonies whether he will make arrangements to enable a building society to be established in Lagos.
§ Mr. HareI understand that there is already one building society in Lagos and that the Federal Government have been considering the establishment of another.
§ Mr. TilneyHas my right hon. Friend's attention been drawn to the report of the Colonial Development Corporation relating to the difficulties it has had in Lagos?
§ Mr. HareYes, it most certainly has. As my right hon. Friend said, it is hoped to be able to introduce legislation in this House later which will, I think, deal with the difficulty which has arisen at the present moment.