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EFCC boss vows to resign if Yahaya Bello gets away revealing how he used state funds to pay school fees

ECONOMIC and Financial Crimes Commission (EFCC) chairman Ola Olukoyede has vowed to resign if he fails to bring former Kogi State governor Yahaya Bello to justice after revealing the impunity of his corruption that involved using state funds to pay his kids' schoolfees.

 

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Earlier this week, Germany handed over 80 top-of-the range Leopard tanks to Ukraine. It is time President Tinubu started demanding similar support for Nigeria’s fight against terrorism

Ayo Akinfe

[1] Nigeria does not need loans or grants but proper foreign direct investment (FDI) to build up her industrial capacity. Central to being a proud sovereign nation is the ability to manufacture the armaments required by our security forces

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Inspector-general of police warns against creating state forces saying the process will be abused

INSPECTOR-general of police Olukayode Egbetokun has dampened expectations of Nigeria moving towards the creation of state police forces soon pointing out that the country is not yet politically mature enough for such a development.

 

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Given the incessant demand for their use and the size of the Nigerian motorcycle market, it is unbelievable that President Tinubu has not launched an aggressive manufacturing plan

Ayo Akinfe

[1] If we were a right thinking people, the humble motorcycle would radically transform the Nigerian economy. By my calculations, Nigeria is the world's fifth largest user of motorcycles behind India, Vietnam, Indonesia and China

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Nidcom boss assures diasporans their special mortgage scheme will be available within three months

NIGERIAN diasporans will be able to start reaping the benefits of the federal government's planned mortgage scheme within the next three months under plans being drawn up by the Nigerians in Diaspora Commission and the Federal Mortgage Bank of Nigeria (FMBN).

 

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I will once again appeal to Nigeria’s billionaire pastorprueners to pool their resources together and float a breakfast cereal company. Our economy is going nowhere without their cooperation as no one else has their liquidity

Ayo Akinfe

[1] On August 8, 1898, a gentleman known as Will Kellogg invented a cereal known as Corn Flakes, which has gone on to become the world’s most popular breakfast cereal

[2] Today, Kellogg employs about 33,000 people and has an annual turnover of about $13bn. What does it do? Kellogg converts cereals into breakfast packages. Kellogg now has other products like Pringles, Cheez-It Crackers, Pop Tarts, etc

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Nigerian musicians support the EFCC's clampdown on spraying and naira mutilation

SEVERAL Nigerian musicians have applauded the recent move by the Economic and Financial Crimes Commission (EFCC) to enforce the ban on abuse of the naira by prosecuting anyone involved in spraying publicly.

 

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I am at a loss as to why Nigeria’s agriculture minister Mohammed Abubakar cannot propose a policy agenda like this to President Tinubu

Ayo Akinfe

[1] All of Nigeria's 774 local government areas will be obliged by law to organise their farmers into cooperative units

[2] Farmers will be encouraged to sell their produce, buy seedlings, pesticides and fertilisers, as well as farming equipment through these co-operatives to maximise efficiency and overhead costs

[3] Every local government area must build at least one food storage facility within its domain

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Dangote refinery imports about a third of the crude its refines from the US thanks to low prices

NIGERIA'S Dangote Petroleum Refinery is taking advantage of cheap oil imports from the US for as much as a third of its 650,000 barrels per day feedstock as it starts up production purchasing the crude and refining it for distribution across the domestic market.

 

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As we search for a solution to our economic crises, maybe President Tinubu should visit the Philippines to study their industrial model with a view of emulating it

Ayo Akinfe

[1] Do you know that on April 23 1946, Manuel Roxas, was elected the last president of the Commonwealth of the Philippines. His reign lasted until 1948 and as from then onwards, the country became a fully fledged independent state, adopting the structure it has until this day. The Philippines was America’s only real colony, which explains why it is the only Christian nation in Asia today

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