HC Deb 20 December 1960 vol 632 c149W
Mr. Chataway

asked the Secretary of State for Commonwealth Relations in what circumstances Her Majesty's Government recently waived a debt of over £1 million owed by the Nigerian Government; and what financial assistance has been given to Nigeria since her independence.

Mr. Sandys

Her Majesty's Government are given the following financial help and technical help to Nigeria.

  1. (a) The Commonwealth Assistance Loan of £12 million which has already been negotiated;
  2. (b) A carry over of nearly £2 million of Colonial Development and Welfare Fund money for approved schemes not finished at the time of Independence;
  3. (c) An increasing volume of technical assistance under the technical assistance arrangements;
  4. (d) The waiving of payment of War Department Stocks to the value of £1.2 million, handed over to the Nigerian Armed Forces in April, 1958;
  5. (e) Assistance in the training in the United Kingdom of all members of the Nigerian Armed Forces for whom vacancies can be found, subject to a maximum expenditure of £71,000 in any one year.

Parliamentary approval will be sought in due course for the expenditure on the items described in (d) and (e).

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