AkinfeAyo's blog

There cannot be a better time than this to convert the NNPC into an industrial conglomerate

Ayo Akinfe

(1) With oil prices in the doldrums and 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


Buhari inaugurates steering committee to oversee Nigeria Agenda 2050 development plan


PRESIDENT Muhammadu Buhari has inaugurated a national steering committee to oversee the development of the Nigeria Agenda 2050 and Medium-Term National Development Plan to succeed Vision 20:20 and the 2017-2020 Economic Recovery and Growth Plan (ERGP).



47,000 applicants show up for 2,000 Amotekun positions in Oyo State as recruitment begins


RECRUITMENT officials in Oyo State have been inundated with applicants as they seek to find staff for the recently-created Amotekun Corps as 47,000 applicants turned up to fill 2,000 positions at the screening exercise in Ibadan.



Ngozi promises to make Covid-19 vaccine available to all nations if elected WTO director-general


NIGERIA'S former finance minister Dr Ngozi Okonjo-Iweala has stepped up her campaign to become the next director-general of the World Trade Organisation (WTO) by pledging that if she gets elected she will ensure that a coronavirus vaccine is made available to all nations.



Market retailers who received Trader Moni loans from the government are refusing to pay them back


MARKET retailers who were borrowed money by the federal government under its Trader Moni programme introduced to reduce poverty across Nigeria are finding it hard to repay the loans extended to them in 2019.



World Bank-backed power project risks defaulting due to dollar scarcity in Nigeria


NIGERIA'S attempts to address her chronic electricity supply problems are facing a serious hitch after it emerged that a World Bank-backed power plant electricity is at risk of a default on its loan payments because of a severe dollar shortage.



Last night in my sleep I went to the mountain top and saw the Promised Land. This is what it looked like:

Ayo Akinfe

(1) A united Socialist Republic of West Africa with a population of 1bn people

(2) It had a gross domestic product of $20trn and an annual budget of about $5trn

(3) English and French were its two official languages

(4) It had 10m standing troops

(5) It had a nuclear capability

(6) It had 50 aircraft carriers, 5,000 fighter jets, 200 submarines, 20,000 battle tanks, 100 navy Destroyers and a military helicopter fleet of 1,500


Government looks to fill the void left by striking doctors protesting Covid-19 negligence with youth corpers


NIGERIAN government officials have asked the chief medical directors and managing directors of federal tertiary hospitals to start making use of the services of youth corpers to fill the void created by the ongoing doctors strike.



Edo deputy governor's wife petitions police saying Oshiomhole threatened her life


FORMER All Progressives Congress (APC) chairman Adams Oshiomhole has been reported to the police by the wife of the Edo State deputy governor Maryann Shaibu for threatening her life at a rally in Etsako West Local Government Area.



Sokoto State government begins constructing dam to offer employment to repentant bandits


SOKOTO State government has announced that it is constructing a dam at Kamarawa village to facilitate farming and animal rearing to provide employment for repentant bandits and other reformed criminals.




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