The original estimate of revenue for the current financial year in the case of Nigeria was £4,724,439. Recently some revision of customs duties has been approved which should bring the revenue up to about £4,870,000. The recurrent expenditure is estimated at £5,321,002, and the special and extraordinary expenditure at £671,855.
For the Gold Coast the revenue is estimated at £2,830,810. the ordinary expenditure at £2,687,232, and the extraordinary expenditure at £389.000. In both Colonies the apparent deficit will be met from the accumulated surpluses of previous years.
The figures of revenue and expenditure for Kenya, according to the original estimates, balanced at £1,952,876. It is now known that the revenue will fall considerably short of the original estimate, but on the other hand steps are being taken to effect a drastic reduction of expenditure. Exact figures are not yet available, but it is intended the revised Budget will balance.