Picture of the event on the amalgamation of Nigeria 1914.
Date
2023
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
FCT, Abuja: National Library Of Nigeria, Headquarters
Abstract
Picture of the event of the amalgamation of Nigeria 1914.
Description
This is the picture of the event of the amalgamation of Nigeria 1914.
In 1914, Southern Nigeria was joined with Northern Nigeria Protectorate to form the single colony of Nigeria. The unification was done for economic reasons and the colonial administration sought to use the budget surpluses in Southern Nigeria to offset this deficit.
What are the reasons for the amalgamation?
Why Amalgamate?
To acquire cash resources.
Eliminate competition.
Tax savings.
Economies of large scale operations.
Increase shareholders value.
To reduce the degree of risk by diversification.
Managerial effectiveness.
To achieve growth and gain financially.