Sixth Annual Report of the Eastern Regional Development Board 1954-55

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dc.contributor.authorGUISE, C. A. L.
dc.date.accessioned2026-10-28T09:34:09Z
dc.date.available2026-10-28T09:34:09Z
dc.date.issued1955
dc.descriptionThe Sixth Annual Report of the Eastern Regional Development Board (1954-55) details the administrative operations, financial standing, and extensive lending activities of the Board leading up to its dissolution and subsequent incorporation into the Eastern Region Development Corporation on February 1, 1955. Originally established under Ordinance No. 14 of 1949, the Board was mandated to issue financial advances and grants for public works, public utilities, land utilization, agricultural development, village crafts, and industrial undertakings. The report comprehensively outlines the governing constitution, board membership led by Chairman C. A. L. Guise, official meeting logs, and evolving loan policies designed to regulate commercial financing and target high-impact regional projects. Furthermore, it addresses procedural challenges, including overdue loan repayments, security provisions, and adjustments for doubtful debts. Additionally, the document features meticulous financial disclosures, including the income and expenditure accounts, the balance sheet as of January 31, 1955, and a formal audit report submitted by the Director of Audit, R. N. Seeman. Appendices provide a granular breakdown of loan distributions across provinces such as Onitsha, Ogoja, Owerri, Calabar, Rivers, and the Cameroons, alongside sectoral classifications covering agriculture, pioneer oil mills, sawmills, and transport. As an essential primary source, this report illuminates mid-20th-century public finance, regional governance, and economic development strategies in colonial and pre-independence Nigeria.
dc.description.abstract• Introduction (Constitution, Lending Powers, Meetings, Loan Policy, Funds, Loans, Administration, Conclusion) • Report on the Audit of the Accounts of the Eastern Regional Development Board for the Period 1st April, 1954–31st January, 1955 (Assets, Authorities, Income and Expenditure Account) • Appendix No. I: Income and Expenditure Account • Appendix No. II: Balance Sheet (as at 31st January, 1955) • Appendix No. III: Projects (Provincial and Sectoral Distribution)
dc.identifier.urihttps://nigeriareposit.nln.gov.ng/handle/20.500.14186/3000
dc.language.isoen
dc.publisherEnugu: Eastern Region Development Corporation,
dc.titleSixth Annual Report of the Eastern Regional Development Board 1954-55
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