Blogs

Ayo Akinfe

(1) You borrowed $8bn from the Chinese to fund this project. How much is the total amount Nigeria will be repaying?

(2) What are your contingency plans if for some reason Nigeria defaults on a payment?

(3) How many defaults need to be made before China activates its asset seizure plan?

(4) Who will run these railway lines when the project is completed? Chinese franchise companies or the Nigerian Railway Corporation?

SEVERAL major oil and gas projects in Nigeria may suffer further delays as multinational companies operating in the country suffered major financial losses as a result of the economic shutdown brought about by the coronavirus pandemic.

NIGERIAN state governors plan to hold a face-to-face meeting with President Muhammadu Buhari and military service chiefs to address the deteriorating security situation in the country following the recent attack on the convoy of Borno State's Governor Babagana Zulum.

NIGERIAN domestic airline Air Peace has sacked about 70 of its pilots and implemented  pay cuts of as much as 40% in response to the losses it has incurred as a result of the coronavirus lockdown.

PRESIDENT Muhammadu Buhari has given the Niger Delta Development Commission (NDDC) one week to pay the school fees and allowances of its scholars stranded in the UK who are now living like destitutes.

ENGLISH FA Cup winners Arsenal have joined the growing list of Premier League clubs seeking to sign Nigerian midfield sensation Ebere Eze ahead of the forthcoming season as the teams looks for a playmaker to replace the departing Mehut Ozil.

Ayo Akinfe

(1) A minister of state for retail affairs will be appointed with a mandate to consolidate our army of petty traders into viable and competitive business concerns

(2) In every sector of the economy, small businesses will be encouraged to form cooperatives with a minimum market capitalisation of N1bn

GOVERNOR Aminu Masari has lamented to total lack of security in Katsina State pointing out that there are only 30 police officers assigned to provide security for 100 villages across the state despite it living at the mercy of armed bandits.

TELEVANGELIST and Chris Embassy Church founder Pastor Chris Oyakhilome has lashed out at African leaders including President Muhammadu Buhari who go to receive medical treatment abroad saying it brings shame on the continent.

BELGIAN analyst Dr José Luis Bazán has published  new figures showing that as many as 2,539 people have been killed by Fulani cattle herdsmen across Nigeria within the last three years.