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Bill Gates says one of the problems with the Nigerian economy is that taxes are too low

BILLIONAIRE businessman Bill Gates has attributed the current precarious state of the Nigerian economy to the fact that taxation levels are too low thus limiting the amount of revenue available to the government.

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Now that the Chinese bilateral talks are over, I hope President Tinubu leaves Beijing with big FDI guarantees. He should now turn his attention to the UK and seek investment in the shipping sector as atonement for colonialism

Ayo Akinfe

[1] I for one have always regarded the 1851 capture of Lagos as the date when the British colonisation of Nigeria began. That was the year when John Beecroft, the British consul of the Bights of Benin and Biafra, lined up his naval gunboats off the coast of Lagos and forced Oba Akintoye to sign a treaty of protection handing over the city to Britain

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Canuk's membership surpasses 150 for the first time in its 20-year history

MEMBERSHIP of the Central Association of Nigerians in the UK (Canuk) has surpassed 150 for the first time in the organisation's 20-year history after five new member were admitted by the executive committee this week.

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If we take a look at the component parts of Nigeria, you will be amazed at how much economic potential many of them have. Let us start the process today by looking at Aniomaland

Ayo Akinfe

[1] One thing the British got spot on in Nigeria was the way they divided the country into 40 provinces, which today form the basis of our 36 states. One very important one however has been left out - Anioma State. I believe that if we create an Anioma State today, it will significantly increase Nigeria’s economic output

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Eniola Bolaji wins Nigeria's first medal at the ongoing Paris Paralympics in badminton

TEAM Nigeria has picked up its first ,medal at the ongoing Paris Paralympics 2024 after Eniola Bolaji made history as the first African athlete ever to win a badminton medal at the tournament.

 

Early this morning, Eniola secured a bronze medal in para-badminton in the women’s singles SL3 category. She did so by defeating her Ukrainian opponent, Oksana Kozyna, in two straight sets of 21-9 and 21-9 to the delight of the travelling Nigerian contingent.

 

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I hope President Tinubu leaves China with a roadmap that involves Nigeria never falling behind developing nations in the same developmental bracket as us with a masterplan that looks something like this

Ayo Akinfe

[1] Nigeria will boost generated electricity supply from the current 7,000MW to match South Africa’s 50,000MW

[2] His government will increase the kilometres of tarred roads in Nigeria from the current 200,000km to match South Africa’s 750,000km

[3] His government will increase the length of Nigeria’s railway network from the current 4,000km to match Pakistan’s 8,000km

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Military commanders asked to relocate to Sokoto as bandits seize armoured personnel carrier

MINISTER of state for defence Dr Bello Matawalle has urged senior military commanders of the Nigerian Army to relocate their offices to Sokoto to enable them effectively combat the growing menace of armed banditry across northwestern Nigeria.

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President Tinubu is currently in China on a state visit. When he sits down with Premier Xi Jinping for bilateral talks, I expect his wish list to look something like this

Ayo Akinfe

[1] Nigeria wants to start on a fresh slate with China. All Nigeria’s debts to China must be cancelled as part of a post-Coronavirus economic settlement package. Legal action against Nigeria by all Chinese firms worldwide must stop immediately. All assets seized must be returned and any monies owed must be written off as bad debt

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British Home Office to scrap biometric residence cards for Nigerians and replace them with eVisas

NIGERIANS living in the UK will no longer receive biometric residence cards (BRCs) or biometric residence permits (BRP) as from December 31 2024 as the Home office is replacing them with a new online eVisa system.

 

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Given our love for clothing and fabrics and the assorted manner of cultural attires we wear, it is inexplicable that Nigeria is not the world leading manufacturer of textiles

Ayo Akinfe

[1] Nigerians have among the most diverse array of textiles in the world. It is beyond belief that the sector is not one of the nation’s biggest sources of foreign exchange

[2] There is absolutely no reason why Nigeria’s revenue from the exports of lace, adire, guinea brocade, atiku, ankara, etc does not match crude oil receipts. We should be mass-producing finished products and exporting them to retail outlets all over the world

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