Our external and overseas trade must be re-constructed to connect areaswhich are at present untounched by us. When I say that we should cut down on our imports I do mean both visible and invisible imports. First, it is well within the capacity of all our Governments and Nigerian Pools proprietors to subscribe the total authorized capital of £200,000 for the Nigerian Pools Company Limited. In other words, as ‘one of the many means of easing our adverse balance of trade, Pools venture should be a monopoly of the Nigerian Government and of Nigerian citizens who know something about Pools transaction. By planning I do not mean a mere series of budgetary proposals covering a period of five years or so.

Source: Nigerian Tribune October 22, 2023 02:28 UTC