Legitimate Trade in Nigeria.

     Legitimate trade was introduced due to the non profitability of slave trade after the abolition of the trade that reduced human beings  to nothing . This was the trade that involved the sales of agricultural products instead of humans. It was a legal form of trade that has set rules and regulations of engagements and ensured security of most Africans . It was introduced in late 18th/early 19th century.

The major commodities for this type of trade  were divided into two categories. those acquired from Nigeria were palm oil which was used for the production of soaps and lubrication of machines,cotton, rubber, and groundnuts and in return , they were given items like guns, gun powder, and alcoholic drinks like whiskey and brandy. 

Reassons for the Establishment of Legitimate Trade incluede:

1.To have access to raw materials  from Nigeria

2. To establish  a market  for European manufactured goods.

3. To replace slave trade entirely.

4. For cultural imperialism.

5.  To reduce the rate of chaos especially in slave and house systems with regards to unhealthy  economic competitions amongst themselves.

Effects of the Intoduction of Legitimate Trade.

1. It led to British monopoly of trade.

2. It paved way for colonialism.

3. It revived agriculture.

4. It introduced unequal trading systems.

5.It allowed for industrialization in Nigeria for example the establishment of RNC, Royal Niger Company by Goldie Taubman in 1879( changes made in its name include UAC -United African  Company to National African Company  to Royal Niger Company in 1886)

6.It allowed for importation and exportation of goods from Nigeria to Europe and other parts of the world.

Happy Reading and ask questions in the comments section for clarifications.