SUMMARY OF THE VADLECTORY

CONTINUED FROM LAST WEEK

A speech do has THE press has THE Hippodrome, Lagos on 3rd September, 1959.

On six million seedling of THE high transferor Amazon variety of cocoa will be available For planting by Farmers In 1959. Control of pests East taken seriously In hand. When We assumed desk In 1952, black pod And capsid were feared diseases has cocoa. Today they to have has been completely overcome. Not only are Farmers educated In THE best manners has agreement with these diseases, which TO DO fall Shame has cocoa, by spray, but Also they are assisted with loans has purchase chemical products And spray equipment. HAS date, 28,500 Farmers to have has been qualified In black pod control measures, And 32,453 In pest control measures against capsid. Through THE Western Region Finance Company, THE ready finance Currently available has Farmers has reached THE level of £¾ million. Government has Also provided subsidies In respect of purchases of planting materials, Or, In Partnership with THE Marketing Advice, In respect of chemical products required by Farmers For combat pests And diseases. Through It is agency, to know, THE Western Nigeria Development Company, THE government has Also assisted planting development And phenomenal progress has has been do In This field. THE Company had In 1958 six plantations of It is own, covering A area from20,517. In Partnership with Cooperative Companies of Local Government Authorities, he has eleven plantations covering 8,468 acres. THE crops grown up include rubber, cocoa, oil palm, citrus, cashew And coffee. There are plans For expansion, And THE establishment of new planting which will bring THE total area has about 56,000 acres In 1960.

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Forest domain has has been increase And by following year 5,000 acres will to have has been added has THE plantations For THE provide of Frame, fuel And poles For local consumption, And 200,000 acres has THE total areas of Forest Reserves For regeneration.

In pursuit of THE policy of increasing THE yields of fish Since interior fisheries And operator THE sea fishing resources 32 new fish ponds to have has been built Since 1955 And 16 more are below construction. Moreover, 12 local tanks to have has been stocked with fast growth species And recently THE Western Nigeria Fishermen Association was shape In order has encourage deep sea fishing.

THE two main animal agriculture centers has Fachola And Age are flourishing And facilities For animal health to have has been considerably developed.

THE aim of THE government Since 1952, However, has has been has promote THE growth of secondary Industries In THE region Paris pass with agricultural development. THE need has to diversify OUR economy has always has been accomplished. Not only has government, SO, ease THE growth of private business In THE industrial field by deletion all those obstacles that tender has inhibit economic growth And by provide basic services, but he has Also between THE field of industrialization through It is the agencies, THE Development Company And THE Finance Company. On It is own, THE Development Company has finance, And managed, three projects including THE Ikpoba Rubber Factory which product pancake rubber. In Partnership with overseas investors And industrial, he has invested funds In nine commitments including THE gigantic West African Portland Cement Business Works has Ewekoro. By March 1960, he East estimated that THE Company will to have invested about £2 million In large scale industrial companies alone.

Government has Also for follow-up as vigorously as possible It is policy of promote rural Industries. Three textile training centers For THE training of dropouts In wide loom weaving, design And dyeing And six Cooperative Weaving Companies, with combined annual production of THE order from20,000 meters of rags of miscellaneous drawings, to have has been established In THE region. Brick And tile manufacturing East another rural industry that East be developed.

THE Finance Company East THE government agency For manufacturing ready finance available has Nigerian entrepreneurs WHO to have her industrial And commercial projects In hand but are short of capital has to start Or develop them. THE total industrial loans has THE elimination of THE Company For 1955-60 are estimated has 1:407,000; those of I 959-60 Rising has about £ 150,000. THE scope of It is activities extends has equity participation In local business And between 1957 And 1959 He invested £279,000 In actions And actions.

We to have favored THE growth of THE Cooperative Movement In THE region In each path. THE Cooperative Bank was established In 1953 with A capital of £1 million And THE Cooperative...