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was nigeria sold to the british

by Ms. Alessandra Cole IV Published 3 years ago Updated 2 years ago
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Following the revoking of its charter, the Royal Niger Company sold its holdings to the British government for £865,000 (£108 million today). That amount, £46,407,250 (NGN 50,386,455,032,400, at today's exchange rate) was effectively the price Britain paid, to buy the territory which was to become known as Nigeria.Jul 26, 2019

How much did Britain pay to buy Nigeria?

Following the revoking of its charter, the Royal Niger Company sold its holdings to the British government for £865,000 (£108 million today). That amount, £46,407,250 (NGN  50,386,455,032,400, at today’s exchange rate) was effectively the price Britain paid, to buy the territory which was to become known as Nigeria.

Why did the British colonize Nigeria?

It was colonized by the British in 1884 and the colony is established at the Berlin conference which divides Africa by European powers. The British targeted Nigeria because of its resources. The British wanted products like palm oil and palm kernel and export trade in tin, cotton, cocoa, groundnuts, palm oil and so on (Graham, 2009).

When did the Royal Niger Company take over Nigeria?

From 1886 to 1899, much of the country was ruled by the Royal Niger Company, authorised by charter, and governed by George Taubman Goldie. In 1900, the Southern Nigeria Protectorate and Northern Nigeria Protectorate passed from company hands to the Crown.

What did the British trade in the Niger Delta?

Slaves formerly had been traded for European goods, especially guns and gunpowder, but now the British encouraged trade in palm oil in the Niger delta states, ostensibly to replace the trade in slaves.

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When was Nigeria sold to the British?

1899The war was, however, a bad PR look for the Royal Niger Company. Great Britain revoked its charter in 1899. The Royal Niger Company sold its territory (Nigeria) to the British government for £865,000. In 1914, the Southern protectorate and Northern protectorate were amalgamated by Lord Lugard.

Why was Nigeria sold to the British?

The British targeted Nigeria because of its resources. The British wanted products like palm oil and palm kernel and export trade in tin, cotton, cocoa, groundnuts, palm oil and so on (Graham, 2009). The British accomplished the colonization by using its military.

Do the British still own Nigeria?

Although colonial rule appeared secure in the first two decades of the 20th century, the British struggled to keep control of their Nigerian colony and continued to do so until Nigeria became independent in 1960.

How was Nigeria treated by Britain?

It may have ended slavery and human sacrifice, but it was accompanied by extreme violence; ethnic and religious identity were cynically exploited to maintain control, while the forceful remoulding of longstanding legal and social practices permanently altered the culture and internal politics of indigenous communities.

How many years did British rule Nigeria?

Colonial NigeriaColony and Protectorate of Nigeria (1914–1954) Federation of Nigeria (1954–1960)ReligionChristianity · Islam · Traditional beliefsGovernmentColony and protectorate (1914–1954) Federation (1954–1960)British monarch• 1914–1936George V41 more rows

How long did the British rule Nigeria?

Lagos was occupied by British forces in 1851 and formally annexed by Britain in the year 1865. Nigeria became a British protectorate in 1901. The period of British rule lasted until 1960, when an independence movement led to the country being granted independence.

Which country is still under colonization?

The list, which was last updated on September 22, 2020, includes Montserrat, Saint Helena, Anguilla, British Virgin Islands, United States Virgin Islands, Gibraltar, Cayman Islands, Falkland Islands (Malvinas), Turks and Caicos Islands, French Polynesia, American Samoa, Guam, Pitcairn, New Caledonia, Tokelau, etc.

Who is the owner of Nigeria?

Aliko DangoteAliko Dangote GCONBorn10 April 1957 Kano, NigeriaEducationGovernment College, Birnin KuduAlma materAl-Azhar UniversityOccupationIndustrialist5 more rows

Why is Nigeria called the giant of Africa?

Nigeria has been dubbed “Africa's Giant” due to its population of almost 200 million people. Nigeria is Africa's most populated country. It is also the world's most populated black country, placing eighth among the world's most populous countries.

What was Nigeria called before?

Thus, before the name Nigeria was given by Flora, the entire land under its administration was known as the Royal Niger protectorate.

How did slavery start in Nigeria?

Slaves were typically captured during territorial expansion and internal and intertribal wars. If a town captured another in a war, the captured people would became enslaved by their captors.

Is Nigeria free from colonialism?

How long was Nigeria a colony? The Colony and Protectorate of Nigeria existed for 46 years between 1914 and 1960. The colony was created through the consolidation of the Colony and Protectorate of Southern Nigeria and the Northern Nigeria Protectorate. In 1960, the country attained independence from British rule.

What was Nigeria called before Nigeria?

Thus, before the name Nigeria was given by Flora, the entire land under its administration was known as the Royal Niger protectorate.

What is the name of the man that sold Nigeria?

George Taubman GoldieThe Right Honourable Sir George Goldie KCMG FRSPersonal detailsBornGeorge Taubman Goldie20 May 1846 Douglas, Isle of ManDied25 August 1925 (aged 79) London, Middlesex, EnglandResting placeBrompton Cemetery13 more rows

Who is the owner of Nigeria?

Aliko DangoteAliko Dangote GCONBorn10 April 1957 Kano, NigeriaEducationGovernment College, Birnin KuduAlma materAl-Azhar UniversityOccupationIndustrialist5 more rows

Why is Nigeria called the giant of Africa?

Nigeria has been dubbed “Africa's Giant” due to its population of almost 200 million people. Nigeria is Africa's most populated country. It is also the world's most populated black country, placing eighth among the world's most populous countries.

What was the main export of the Niger Delta?

By 1870, palm oil had replaced slaves as the main export of the Niger Delta, the area which was once known as the Slave Coast. At first, most of the trade in the oil palm was uncoordinated, with natives selling to those who gave them the best deals. Native chiefs such as former slave, Jaja of Opobo became immensely wealthy because of oil palm.

What was the name of the king who led the attack on the Niger headquarters?

A harbinger of the successful “divide and rule” tactic. On 29 January 1895, King Koko led an attack on the Royal Niger Company’s headquarters, which was in Akassa in today’s Bayelsa state. The pre-dawn raid had more than a thousand men involved. King Koko ’s attack succeeded in capturing the base.

What did King Koko do in 1894?

In late 1894, King Koko renounced Christianity and tried to form an alliance with Bonny and Okpoma against the Royal Nigeria Company to take back the trade. This is significant because while Okpoma joined up, Bonny refused. A harbinger of the successful “divide and rule” tactic.

Why did Jaja of Opobo go into exile?

So for example, Jaja of Opobo, when he tried to export palm oil on his own, was forced into exile for “obstructing commerce”. As an aside, Jaja was “forgiven” in 1891 and allowed to return home, but he died on the way back, poisoned with a cup of tea.

Why did Jaja of Opobo become wealthy?

Native chiefs such as former slave, Jaja of Opobo became immensely wealthy because of oil palm. With this wealth came influence. King Koko. Photo Nairaland. However, among the Europeans, there was competition for who would get preferential access to the lucrative oil palm trade.

How many trading posts did the British have in 1884?

By 1884, his company had 30 trading posts along the Lower Niger. This monopoly gave the British a strong hand against the French and Germans in the 1884 Berlin Conference. The British got the area that the UAC operated in, included in their sphere of influence after the Berlin Conference.

What was the effect of the Brass Oil War?

The immediate effect of the Brass Oil War was that public opinion in Britain turned against the Royal Nigeria Company, so its charter was revoked in 1899. Following the revoking of its charter, the Royal Niger Company sold its holdings to the British government for £865,000 (£108 million today).

Why did the Royal Niger Company enter private contracts?

Behind the scenes, they entered private contracts on their terms. Because the (deceitful) private contracts were often written in English and signed by the local chiefs, the British government enforced them.

What company was the founder of Nigeria?

The Royal Niger Company and the founding of what became Nigeria.

Why did King Koko and Bonny try to form an alliance with Okpoma?

In late 1894, King Koko renounced Christianity, and tried to form an alliance with Bonny and Okpoma against the the Royal Nigeria Company to take back the trade. This is significant because while Okpoma joined up, Bonny refused. A harbinger of the successful “divide and rule” tactic.

Why did Jaja of Opobo go into exile?

So for example, Jaja of Opobo, when he tried to export palm oil on his own, was forced into exile for “obstructing commerce”. As an aside, Jaja was “forgiven” in 1891 and allowed to return home, but he died on the way back, poisoned with a cup of tea.

How many hostages did King Koko capture?

Losing 40 of his men, King Koko captured 60 white men as hostages, as well as a lot of goods, ammunition and a Maxim gun. Koko then attempted to negotiate a release of the hostages in exchange for being allowed to chose his trading partners. The British refused to negotiate with Koko, and he had forty of the hostages killed.

What happened to brass in 1895?

On 20 February 1895, Britain’s Royal Navy, under Admiral Beford attacked Brass, and burned it to the ground. Many Nembe people died and smallpox finished off a lot of others. By April 1895, business had returned to “normal”, normal being the conditions that the British wanted, and King Koko was on the run.

How much was Brass fined by the British?

Brass was fined £500 by the British, £26,825 in today’s money, and the looted weapons were returned as well as the surviving prisoners. After a British Parliamentary Commission sat, King Koko was offered terms of settlement by the British, which he rejected and disappeared.

What was the British resistance to in Nigeria?

In the south the British had to fight many wars, in particular the wars against the Ijebu (a Yoruba group) in 1892, the Aro of eastern Igboland, and, until 1914, the Aniocha of western Igboland.

What was the dispute between the Royal Niger Company and the Lagos Protectorate?

Rivalry between the Royal Niger Company and the Lagos Protectorate over the boundary between the emirate of Ilorin and the empire of Ibadan was resolved with the abrogation of the charter of the Royal Niger Company on January 1, 1900, in return for wide mineral concessions. In the north Frederick Lugard, the first high commissioner ...

Why did the British encourage the trade in palm oil in the Niger Delta states?

Slaves formerly had been traded for European goods, especially guns and gunpowder, but now the British encouraged trade in palm oil in the Niger delta states, ostensibly to replace the trade in slaves. They later discovered that the demand for palm oil was in fact stimulating an internal slave trade, because slaves were largely responsible ...

How did the British respond to the evidence of rivalry?

The British responded to such evidence of rivalry by defending their right to free navigation on the river at the Berlin West Africa Conference of 1884–85. At the same time, George Dashwood Goldie, a British businessman, bought out all French rivals and created the Royal Niger Company (chartered 1886) in order to control trade on ...

When did the Niger Coast Protectorate merge with the Lagos Protectorate?

The boundaries of the two protectorates and the territories of the Royal Niger Company were difficult to define, but the tension was eased in 1894 when both entities were merged into the Niger Coast Protectorate. Rivalry between the Royal Niger Company and the Lagos Protectorate over the boundary between the emirate of Ilorin and the empire of Ibadan was resolved with the abrogation of the charter of the Royal Niger Company on January 1, 1900, in return for wide mineral concessions.

What city was captured by the British in February?

The mud-walled city of Kano was captured in February, and, after a vigorous skirmish at Kotorkwashi, the sultan’s capital, Sokoto, fell the next month. All the territories were now under British control, and the search for an identity began, first as Northern and Southern Nigeria and then with eventual amalgamation.

Where did the British traders get access to?

They invited missionaries to follow them and, in the 1840s, made themselves available as agents who allowed missionaries and British traders to gain access to such places as Lagos, Abeokuta, Calabar, Lokoja, Onitsha, Brass, and Bonny.

When did the British start controlling Nigeria?

Concrete plans for transition to Crown rule—direct control by the British Government—apparently began in 1897. In May of this year, Herbert J. Read published a Memorandum on British possessions in West Africa, which remarked upon the "inconvenient and unscientific boundaries" between Lagos Colony, the Niger Coast Protectorate and the Royal Niger Company. Read suggested they be merged, and more use made of Nigeria's natural resources. In the same year, the British created the Royal West African Frontier Force (RWAFF or WAFF), under the leadership of Colonel Frederick Lugard. In one year, Lugard recruited 2600 troops, evenly split between Hausa and Yoruba. The officers of the RWAFF were British. The operations of this force are still not fully known due to a policy of strict secrecy mandated by the British Government.

What was the British colony of Nigeria?

After initially adopting an indirect rule approach, in 1906 the British merged the small Lagos Colony and the Southern Nigeria Protectorate into a new Colony of Southern Nigeria, and in 1914 that was combined with the Northern Nigeria Protectorate to form the Colony and Protectorate of Nigeria. Administration and military control of the territory was conducted primarily by white Britons, both in London and in Nigeria.

What was the colonial port of Lagos?

Colonial Lagos was a busy, cosmopolitan port. Its architecture was in both Victorian and Brazilian style, as many of the black elite were English-speakers from Sierra Leone and freedmen repatriated from Brazil and Cuba. Its residents were employed in official capacities and were active in business.

What was the colonial era in Nigeria?

e. Colonial Nigeria was the era in the history of Nigeria when Nigeria was ruled by the United Kingdom from the mid-nineteenth century until 1960 when Nigeria achieved independence. British influence in the region began with the prohibition of slave trade to British subjects in 1807. Britain annexed Lagos in 1861 and established ...

When did Nigeria become independent?

By a British Act of Parliament, Nigeria became independent on 1 October 1960. Azikiwe was installed as Governor-General of the federation and Balewa continued to serve as head of a democratically elected parliamentary, but now completely sovereign, government. The Governor-General represented the British monarch as head of state and was appointed by the Crown on the advice of the Nigerian prime minister in consultation with the regional premiers. The Governor-General, in turn, was responsible for appointing the prime minister and for choosing a candidate from among contending leaders when there was no parliamentary majority. Otherwise, the Governor-General's office was essentially ceremonial.

When did the Southern Nigeria Protectorate form?

Following the order recommended by the Niger Committee, the Colonial Office merged Lagos Colony and the Southern Nigeria Protectorate on 1 May 1906 , forming a larger protectorate (still called the Southern Nigeria Protectorate) which spanned the coastline between Dahomey and Cameroon.

Who was the governor of Nigeria in 1912?

In 1912, Lugard returned to Nigeria from his six-year term as Governor of Hong Kong, to oversee the merger of the northern and southern protectorates.

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