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Ayo Akinfe

Foreign direct investment (FDI) figures

(1) US -$4bn
(2) UK - $2bn
(3) Hong Kong - $1.9bn
(4) China - $1.5bn
(5) Ireland - $1.47bn
(6) Brazil - $778.5m
(7) Mexico - $500m
(8) India - $367.5m
(9) Vietnam - $318.7m
(10) South Africa - $139.2m

For Nigeria, the annual FDI figure was $118m. Given that we do not have a thriving domestic bourgeoisie who can fill the vacuum, how are we going to manage?

NIGERIA'S health minister Dr Osagie Ehanire has revealed shocking details showing that about 10% of all positive Covid-19 cases treated in the country are below the age of 19 in what poses a greater-than-anticipated threat.

AFRICA'S richest man Alhaji Aliko Dangote has been urged by the lawmaker representing Ogun West Senatorial District Senator Tolu Odebiyi to consider adopting two legacy schools in Ogun State as part of his N4bn corporate social responsibility plan.

PLANS are being finalised to scrap the Economic and Financial Crimes Commission (EFCC) and replace it with an agency under the Federal Ministry of Justice that will report to the attorney-general of the federation.

NIGERIAN aviation officials have threatened to stop all domestic flights in the country in the response to the flagrant refusal of airlines and passengers to observe the Covid-19 protocols put in place to contain the spread of the virus.

SUPER Eagles striker Victor Osimhen has been named as the fastest player in Italy's Serie A on the first day of the new season after he clocked an average speed of 34.05 km per hour during Napoli's opening day 2-0 victory over Parma.

Ayo Akinfe

(1) Cross River is Nigeria’s second largest cocoa producing state with an annual crop of about 80,000 tonnes. It also has the advantage of bordering Cameroon which has an annual crop of 180,000 tonnes. Calabar should be a major chocolate processing centre with the likes of Mars, Cadbury and Nestle all owning processing plants there

NIGERIA'S National Petroleum Corporation (NNPC) has revealed that a total of 78 companies have submitted virtual bids to rehabilitate its downstream pipelines and upgrade its decaying infrastructural facilities.

MEMBERS of Nigeria's Joint Health Sector Unions (Johesu) have returned to work today following the suspension of the seven-day warning strike by the union’s leadership over the refusal of the government to meet their demands regarding the coronavirus pandemic.

FORMER vice president Alhaji Atiku Abubakar and his family have been placed under close watch by the US Financial Crimes Enforcement Network (Fincen) amid allegations that he could have been engaged in suspicious financial transactions.