10 sectors of the Nigerian economy that should be ring-fenced with zero-interest loans for the next five years under an ambitious post-Covid recovery plan

Ayo Akinfe 

[1] Food production
[2] Cash crop production
[3] Pharmaceutical production
[4] Machinery manufacturing
[5] Road construction 
[6] Water provision
[7] Power generation and distribution
[8] Animal husbandry
[9] Clothing, textiles and fashion
[10] Assembly plants

On February 4, 1931, Joseph Stalin told the First All-Union Conference of Leading Personnel of Socialist Industry: "We are between 50 and 100 years behind the advanced countries. We must make good this distance in 10 years. Either we do it, or we shall be crushed."

These words are very poignant today in relation to Nigeria. In the post-Covid era, the rest of the world will accelerate ahead, rising from the ashes like a phoenix, especially in the areas of pharmacy, clean energy and digital technology. Is Nigeria going to be part of this race?