AkinfeAyo's blog

Storm Sally's encroachment in the Gulf of Mexico leads to crude supply worries and rallies prices

 

NIGERIA has received a minor and temporary economic respite as global crude oil prices rallied slightly today due to an approaching tropical storm in the Gulf of Mexico that has prompted drillers to evacuate rigs and shut-in production.

 

Share

Domestic flights disrupted across Nigeria as Arik staff strike over five month salary arrears

 

DOMESTIC flights have been disrupted across Nigeria as aviation unions have embarked upon a strike to protest the owing of five month salary arrears to staff of Arik Air that was taken over by the federal government in 2017.

 

Share

10 basic consumer items Nigeria should aim to be self-reliant in manufacturing by the end of 2020 as part of the Covid-19 recovery plan

Ayo Akinfe

(1) Wrist watches
(2) Mobile phones
(3) Laptop computers
(4) iPads
(5) Plasma Television sets
(6) Fridge-freezers
(7) Handbags
(8) Irons
(9) Generator sets
(10) Bicycles

I do not think it is asking too much for us as a nation to produce 50m units of each of these items annually. No doubt there are a lot of prototypes out there but alas, how do we get from prototype to mass production?

Share

Nigerian media mogul Pearlena Igbokwe named as chairman of Universal Studio Group

 

NIGERIAN-born media mogul Pearlena Igbokwe has been names as the chairman of US entertainment and information giants the Universal Studio Group making her the first African woman to head a major American television studio.

 

Share

Nigerian Textile Industry Resuscitation Bill 2020

Ayo Akinfe

(1) Cotton production will be expanded to match Pakistan’s 2.3m tonnes through the provision of single digit loans and hybrid seedlings to farmers. Nigeria currently produces only 105,000 tonnes which is not enough to sustain a local manufacturing industry

(2) A Nigerian Tailors Guild will be formed as part of a regulatory regime. Only registered members will be authorised to sew clothes for members of the public

Share

Liverpool decide against sending Nigerian striker Awoniyi out on loan for another season

 

LIVERPOOL manager Jurgen Klopp has opted against sending Nigerian striker Taiwo Awoniyi out on loan over the forthcoming season retaining him as a member of his squad for the current campaign for now.

 

Share

Governors of Nigeria’s five southeastern states should introduce a special spare parts tax and use it to build a wonder of Africa

Ayo Akinfe

(1) One thing that makes my heart bleed is the fact that as a continent, Africa has very little man-made infrastructure to show the rest of the world. All we really have are the pyramids of Egypt

(2) At a time when the rest of the world is building the fastest, tallest and biggest of everything, we are fast asleep. In the case of Nigeria, one of the main reasons for this is because we are too dependent on the federal government for everything

Share

University of Calabar appoints Professor Florence Obi as its first ever female vice chancellor

 

PROFESOR Florence Obi of the Faculty of Education has become the first ever female vice chancellor of the University of Calabar after she was appointed to the position following the end of the screening of 12 candidates for the job.

 

Share

Former CBN deputy governor Obadiah Mailafia says his life is under threat over Boko Haram comments

 

FORMER Central Bank of Nigeria (CBN) deputy governor Dr Obadiah Mailafia has warned that his life is in danger after he was invited for the third time to visit the offices of the Department of State Services (DSS) over his allegations about terrorism in the country.

 

Share

NDDC refuses to pay extra sum of $3m to Nigerian students in the UK as bill keeps rising

 

HUNDREDS of Nigerian students studying abroad are now facing the prospect of having to terminate their studies after the interim management committee of the Niger Delta Development Commission (NDDC) has refused to pay out an additional sum of $3m.

 

Share

Pages

Subscribe to RSS - AkinfeAyo's blog