Senate clears Buhari's nominee Abdulrasheed Bawa as the new substantive EFCC chairman

NIGERIA'S senate has conformed President Muhammadu Buhari's nominee Abdulrasheed Bawa as the substantive chairman of the Economic and Financial Crimes Commission (EFCC) despite stiff opposition to his appointment.

 

Share

As we turn our attention to animal husbandry across northern Nigeria let us not leave groundnuts behind

Ayo Akinfe

(1) One of the hallmarks of a visionary leadership is its ability to multi-task. When it comes to running your economy, this means diversification, whereby you expand into several sectors at the same time as China and India are currently doing so successfully

Share

Nigeria gets some respite as Goldman Sachs raises its crude oil price forecast to $75 a barrel

NIGERIA may get some economic respite before the end of the year after analysts at US bank Goldman Sachs raised their price forecasts for crude oil for the second and third quarters of 2021 to about $75 a barrel.

 

Share

Governor Makinde orders the immediate re-opening of Shasha market as tension eases in Ibadan

GOVERNOR Seyi Makinde of Oyo State has ordered the immediate re-opening of Shasha market in Ibadan and the closure of the interim annex which was established in Iroko during the closure in response to the recent outbreak of violence.

 

Share

Senate approves the appointment of former service chiefs as ambassador designates

NIGERIA'S senate has confirmed the recently-retired four military service chiefs as non-career ambassadors-designate paving the way for them to take over the running of overseas missions after a brief hearing today.

 

Share

Lai Mohammed says government will not go after bandits because it does want to destroy forests

NIGERIA'S information minister Alhaji Lai Mohammed has said that the federal government cannot take on the armed bandits causing mayhem across the country because it is concerned about destroying the forests from which they operate.

 

Share

Governor Ortom says Bala Mohammed should be held responsible if he is assassinated

GOVERNOR Samuel Ortom of Benue State has said that his Bauchi State counterpart Bala Mohammed should be held responsible of the assassins who have tried to execute him succeed because he is their main backers.

 

Share

With the industrialised world announcing plans to lift all the Covid-19 restrictions President Buhari and his AU colleagues should insist the programme includes an African Marshall Plan

Ayo Akinfe 

(1) Across Europe and North America, plans are in full swing to ease the Covid-19 restrictions this year. By my calculations, we will be back to normal by the summer 

(2) In the UK in particular, it appears that the economy cannot sustain the lockdown for much longer anyway, so come what may, the restrictions will be lifted by May/June irrespective of the infection rate

Share

Buhari cuts import duty on imported cars by 30% to 5% and scraps tariffs on aviation parts

NIGERIA'S dependence on car imports looks set to get worse over the near future after President Muhammadu Buhari granted a 30% import duty reduction on passenger transport vehicles cutting the rate to 5% from 35% with immediate effect.

 

Share

Nigeria's debt profile set to balloon to nearly $38bn as an additional $5.3bn is borrowed

NIGERIA'S foreign loans are set to grow by $5.3bn this year after the country's Debt Management Office (DMO) revealed that fresh sums totalling that amount have been approved but not yet disbursed to the recipient departments.

 

Share

Pages

Subscribe to Ayo Akinfe | Bookshop RSS