Buhari should refuse to leave London unless he secures $200bn worth of foreign investment in these 10 key areas to diversify Nigeria’s economy and upgrade the country’s infrastructure

By Ayo Akinfe

(1) Clean energy- $20bn worth of investment
(2) Steel plant - $20bn worth of investment
(3) Electric automobile assembly plant - $20bn worth of investment
(4) Agri-processing - $10bn worth of investment
(5) Hydro processing plant on River Niger - $20bn worth of investment
(6) Port expansion - $20bn worth of investment
(7) Railway network extension - $50bn worth of investment
(8) Water treatment plant - $10bn worth of investment
(9) FCT housing expansion plan - $20bn worth of investment
(10) Federal road maintenance - $10bn worth of investment

Grand total: $200bn

Now what is $200bn to the City of London? That amount gets traded an hour here but alas, it would take Nigeria about eight years to accumulate that amount going by the paltry amount in her current budget.

President Buhari should refuse to leave London unless he secures this $200bn in private finance to diversity our economy, upgrade our infrastructure and end this insane dependence on crude oil. One thing I can tell everyone is that one problem he will not face is a lack of capital.