PRESIDENT Muhammadu Buhari has virtually inaugurated the 5,000 barrels per day modular crude oil Waltersmith refinery in Ibigwe in Imo State in a major step aimed at ending Nigeria's dependence on petrol imports.

PRESIDENT Donald Trump has promised to file what he describes as a big law suit that will back his widespread vote rigging claims despite being forced by the weight of public opinion to authorise the General Services Administration (GSA) to initiate transition proceedings.

Ayo Akinfe

(1) They could have floated a Niger Delta Petroleum Company to bid for oil blocks

(2) They could have built a massive refinery as Aliko Dangote has just done

(3) They could have created a regional company like Odua Investment Industries which could have bought stakes in oil companies like Shell, Total, Agip, Mobil, etc

(4) They could have opened a network of petrol stations across the country

FORMER finance minister Chief Olu Falae has once more become the victim of Fulani cattle herdsmen who have again raided his farm near Akure in Ondo State and destroyed crops said to be worth millions of naira.

NIGERIA'S avoided total economic collapse earlier this year at the height of the coronavirus pandemic lockdown in April when crude oil prices collapsed to such a low level that the federal government was begging buyers to make purchases at $9 a barrel.

KINGSWAY International Christian Centre (KICC) founder Pastor Matthew Ashimolowo has joined the thousands of Nigerians in the UK who have signed a petition asking the British government to condemn the recent killing of unarmed protesters at Lekki.

MEMBERS of the Coalition of Northern Elders for Peace and Development (NEPD) have asked Nigeria's two leading political parties the All Progressives Congress (APC)  and the Peoples Democratic Party (PDP) to both zone the 2023 presidential ticket to the southeast.

NIGERIA'S Dantata Foods has signed an agreement with UK agricultural technology firm RegenFARM and the Foreign Commonwealth Development Office of the British government to pioneer a regenerative agricultural project in Nigeria.

Ayo Akinfe

(1) I have studied the recent report just published by the Nigerian Bureau of Statistics and from everything I can see, the economy looks set to shrink by between 9% and 10% during the course of 2020 as a result of the Covid-19 pandemic

Ayo Akinfe

[1] The massive loss of jobs as a result of the Covid-19 lockdown. Some experts say Nigeria's economy will contract by as much as -9.91% this year

[2] The inability of state governments to pay salaries as a result of reduced incomes. With less federal allocation, our parasitic states, who have no revenue-raising capacity will simply not have the cash to pay their civil servants