AkinfeAyo's blog

Chink of light appears at the end of the tunnel for Nigerians as the price of yam and tomatoes fall

NIGERIANS suffering from the impact of hyper-inflation that has seen the cost of basic food items soar beyond reach could be in for a bit of a respite after recent figures from the National Bureau of Statistics (NBS) showed the prices of yam and tomatoes are falling.

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Does the fact that the current petrol crisis has not sparked a national debate about electric vehicles not just prove that we have become an intellectually lazy people too dependent on the government

Ayo Akinfe

[1] Today, I want us to focus on the Nigerian private sector and discuss its role in getting us out of our current economic nightmare. Too often, we shout government, government, government when sometimes, the issues at stake are not really a public sector matter. It is not the government that is going to come up with innovative ideas that will double our industrial output. A lot of the time, it is some whizzkid in his 20s

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Nigerian flag to be raised outside numerous UK town halls in October 1 to mark independence day

AT least six different local government authorities in the UK have announced that they will be raising the Nigerian green-white-green flag on October 1 to mark the country's independence day on Tuesday next week.

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We appear to have forgotten that the current petrol crisis has been exacerbated by petroleum output falling to 1.5m barrels a day from our traditional figure of 2.5m barrels. Here are 10 things our south-south governors could have done to avert the proble

Ayo Akinfe

[1] They could have floated a Niger Delta Petroleum Company to bid for oil blocks

[2] They could have built a massive refinery as Aliko Dangote has just done

[3] They could have created a regional company like Odua Investment Industries which could have bought stakes in oil companies like Shell, Total, Agip, Mobil, etc

[4] They could have opened a network of petrol stations across the country

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Adarabioyo expected to declare his senior international future to Nigeria any minute from now

CHELSEA centreback Tosin Adarabioyo has indicated that he may finally be willing to switch his international allegiance at senior level to Nigeria after the head of footballing organisation Team Nigeria UK dropped a hint to that effect.

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UK mission now processes passports of applicants whose biometric data has been captured on the same day

NIGERIA'S high commission in the UK has set new standards when it comes to the processing of international passports by introducing a new regime under which all applicants who come for biometric data capture get their documents processed that same day.

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Whatever happens, one thing that must come out of this petrol crisis is we must halve the number of trailers on Nigeria’s roads in an ambitious rail freight programme

Ayo Akinfe

[1] On a daily basis, Nigeria witnesses horrific accidents on her roads, many of them involving trailers. Surely, our transport policy has got to be based on moving freight off the road and on to rail to help cut such deaths

[2] No country anywhere on earth has ever industrialised without a modern and efficient railway service. Nigeria’s lack of a modern railway network is a mirror reflection of how unserious we are when it comes to manufacturing

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Ministers and their godfathers intensify lobbying as Tinubu's cabinet shake-up is imminent

NIGERIAN cabinet ministers have intensified lobbying over the last few weeks as fear grips Abuja ahead of plans by President Bola Tinubu to reshuffle his cabinet and drop non-performing members of the Federal Executive Council (FEC).

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With the Dangote refinery now taking over as the main operator in the Nigerian petroleum sector, we need to find a new role for the NNPC

Ayo Akinfe

[1] With the Dangote refinery poised to take over as Nigeria’s main source of petrol products, this is the time to cannibalise the NNPC and convert it into an industrial concern

[2] Dangote’s Lekki refinery has effectively made the three dormant NNPC refineries needless. We have to now convert the Warri, Port Harcourt and Kaduna refineries into manufacturing plants churning out finished goods

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Surely this current petrol crisis should force the Nigerian government to step up the introduction of a clean energy bill aimed at wooing us off fossil fuels

Ayo Akinfe

[1] As from January 1 2025, no building in Nigeria will be granted a Certificate of Occupancy (C of O) unless it has solar panels installed on its roof

[2] As from 2027, all buildings in Nigeria must have solar panels installed on their roofs. Not having one will attract prosecution with the risk of the property being forfeited to the federal government

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