AkinfeAyo's blog

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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Muhammad Dattijo appointed as an associate as Reading University's Dunning Africa Centre

KADUNA State's commissioner for budget and planning Muhammad Dattijo has been appointed as an associate and founding member of the Dunning Africa Centre of the University of Reading's Henley Business School.

 

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Super Eagles suffer Nations Cup setback after Paul Onuachu picks up hamstring injury

NIGERIA'S Super eagles have suffered another major striking blow ahead of next month's African Cup of Nations as targetman Paul Onuachu has been ruled out of the tournament with a hamstring injury.

 

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With the way borrowing is soaring, Nigeria needs to introduce a Loan Procurement Bill

Ayo Akinfe

[1] Last year, the International Monetary Fund (IMF) published a report in which it warned that Nigeria’s debt-to-gross domestic product (GDP) ratio was growing at an alarming rate

[2] Although borrowing is still within reason as the federal government’s external debt of $40bn is still less than 10% of GDP, the way it is growing gives cause for concern. It is only a matter of time before it gets out of control

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Eguavoen set to recall Nwakali and Dennis ahead of next month's African Nations Cup

SUPER Eagles interim head coach Austin Eguavoen is set to recall Watford's Emmanuel Dennis and mercurial playmaker Kelechi Nwakali back into the team ahead of the impending African Cup of Nations starting in Cameroon next month.

 

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