This was a very good but unpopular question. While it was difficult for some candidates who attempted it to provide satisfactory answers, a few ones displayed a brilliant understanding of the question; they answered it intelligently and scored good marks. The following:

(i)Indigenous traders were displaced by European traders and their agents;

(ii) the trade relationship led to a situation in which Nigeria’s fiscal system became attached to that of Britain in that during the colonial rule, the worth of Nigeria’s money was measured in relation to that of Britain;

(iii) indigenous system of technology was discouraged by the colonial authorities;

(iv) the colonial government encouraged production of cash crops at the expense of food crops;

(v) the British did not invest the large profits from the sale of Nigerian products in the country;

(vi) it promoted construction of railways from the north to the coast solely to convey raw materials for export.