Nigeria Law
Currency History

Pre-19121900· Indigenous· Chapter I · Money

Cowries, manillas, brass rods

Trade currencies of the pre-colonial period; the manilla used in the Niger Delta well into the 1940s.

Cowrie shells (Cypraea moneta) served as the principal currency across the Sokoto Caliphate and the Yoruba towns into the late 19th century. The manilla — a horseshoe-shaped brass currency — circulated in the Niger Delta and Igboland and was not officially demonetised until Operation Manilla in 1948.

Sources

  • · Marion Johnson, The Cowrie Currencies of West Africa (1970)

What it cost — political & economic reality

The political and economic reality

Nigeria in 1900: who was in charge, the cabinet of the day, the GDP, and the crises that defined the period.

British colonial administration

Sir Frederick Lugard → Sir James Robertson

1900–1960

National reality

Amalgamation of the Northern and Southern Protectorates (1914) under indirect rule. Marketing boards extracted cocoa, palm oil and groundnut surpluses; political agitation built through the press and the trade union movement.

Crises of the period

  • Aba Women's War (1929)
  • Iva Valley shooting of striking miners (1949)
  • Kano riots (1953)

GDP (World Bank)

Pre-independence; no national accounts series

Cabinet (selected portfolios)

Full ministerial roster being compiled.

Government administered by Governors-General and Residents. The first indigenous federal ministers were appointed under the 1954 Lyttelton Constitution.

Source: Toyin Falola, A History of Nigeria (CUP, 2008)

Methodology

Tier 1 · primary

Courts. Gazettes. National archives.

Tier 2 · corroborating

OCCRP. HRW. BudgIT. TheCable.

Redline

Wikipedia is never a source.