AkinfeAyo's blog

Our finance ministry should launch a competition asking every Nigerian to come up with 10 suggestions about how we replace the $30bn we were getting from the sale of crude oil annually. Here are my 10:

Ayo Akinfe

[1] Target a minimum of $20bn from the export of processed agricultural products like chocolate from cocoa, animal feed from cassava, furniture from timber, palm oil derivatives, etc

[2] Woo every car manufacturer to open a production plant where they make at least one component in Nigeria. This job creation will boost income tax and corporation tax intake significantly

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Ipob denies its armed wing ESN had anything to do with recent cannibalism in Imo State

SECESSIONIST group the Indigenous People of Biafra (Ipob) has denied any involvement in the recent killings in Imo State saying its military wing the Eastern Security Network (ESN) is not involved in what it described as dastardly acts and barbarity.

 

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Emirates Airlines resumes its weekly flight schedule to Nigeria after spat with UAE ends

NIGERIA and the United Arab Emirates (UAE) have finally resolved their aviation dispute that has resulted in the federal government reinstating its approval for Emirates Airlines’ winter flight schedule consisting of 21 weekly passenger flights into the country.

 

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Southampton join the list of clubs looking to bring Joe Aribo to England in January

SUPER Eagles midfielder Joe Aribo could be on his way to the English Premier League next year as Southampton are considering moving for him during the forthcoming January transfer window.

 

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House of Reps passes 2022 budget with National Assembly getting a whopping N140bn

MEMBERS of the House of Representatives has passed the 2022 budget into law with the annual allocation to the National Assembly rising to N139bn ($337.29m) despite the hard times the country is facing.

 

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Fifa says it is still discussing the prospect of postponing the African Cup of Nations

FIFA president Gianni Infantino has revealed that the world football governing body is still consulting with the organisers of the 2021 Africa Cup of Nations and there is an outside chance they could postpone the tournament until September.

 

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Rotimi Amaechi can revolutionise the Nigerian economy if he has a coherent railway policy

By Ayo Akinfe

[1] Last year, Rotimi Amaechi was in China to look at the railway carriages being built. He will take delivery of 20 coaches but alas, this is nowhere near good enough. Nigeria cannot continue to be an eternal consumer. No economy has ever grown when it operates that way

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African Development Bank provides loan of $210m for seven Nigerian agro-industrial processing zones

NIGERIA is to be offered a loan of $210m by the African Development Bank (AfDB) to help fund the creation of special agro-industrial processing zones across the country as part of an economic diversification plan.

 

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House of Reps queries Nigeria Immigration Service over the contracting out of consular services

MEMBERS of Nigeria's House of Representatives have questioned the Nigeria Immigration Service (NIS) for engaging the services of private consultants to handle visa and passport issues at the nation’s missions abroad.

 

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Boss Mustapha adds his voice to those calling for a president of Igbo extraction come 2023

SECRETARY to the government of the federation Boss Mustapha has added his voice to the number of Nigerians who believe that the country's next president should come from the southeast geo-political zone.

 

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