OIL IN WEST AFRICA.
$ . STATE AID. , BY TELEGRAPH —PRESS ASSOCIATION—COPYRIGHT. ' ' (Rec. Feb. 17, 9.49 p.m.) . : ■ ■ London, February 17, In connection with boring for oil in Nigeria—which country is looked to by the Admiralty fbr a main supply 'of oil fuel for the Navy—the Colonial Office will lend the Nigeria Bitumen Corporation £25,000, without interest, repayable when payablo oil is strjick. The' Government's royalty .is, increased; to 7J per cent: . •-
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Bibliographic details
Dominion, Volume 1, Issue 124, 18 February 1908, Page 7
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69OIL IN WEST AFRICA. Dominion, Volume 1, Issue 124, 18 February 1908, Page 7
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