Unfair Wealth-Transfer Effects of the Palm Oil Trade in Nigeria 1868–1959: Illustrative Partial Estimates

Sue Headlee ()
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Sue Headlee: American University

Chapter Chapter 6 in Accounting for Colonialism, 2023, pp 105-121 from Springer

Abstract: Abstract This chapter describes processes that created excess benefits to the British during the era of British colonialismColonialism in West Africa. The methodological challenge is to measure the transfersTransfer of income and wealth taken wrongfully. First, I present a brief analysis of European penetration of West Africa from the fifteenth to the nineteenth centuries. Then, I address modern economic development, and a case study of the palm oilPalm oil trade in NigeriaNigeria from 1830 to 1914. I argue that four unfair enrichments went to the British at the expense of the Nigerians in the nineteenth century, and that another four unfair enrichments occurred in the twentieth century. Finally, I quantify the extent of this unfair wealth transferTransfer.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-32804-6_6

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DOI: 10.1007/978-3-031-32804-6_6

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