I believe Tinubu should have named a finance minister and National Economic Council at the same time as Akume and Gbajabiamila with a mandate to implement this plan

Ayo Akinfe

[1] You make all economic and investment decisions and bring them to the cabinet for approval. All submissions from you should be in the form of legislative bills

[2] By 2025, the share of petroleum export receipts as a proportion of federal government revenue must fall from the current 90% to at least 50%

[3] To achieve this you must prepare a Nigerian Federating Units Economic Bill that will dismantle the current unitarist structure. It must be signed into law by October 1 30 2023 at the latest

[4] By 2024, Nigeria must enjoy double digit gross domestic product (GDP) growth as a result of diversified economic activity. A minister of double-digit economic growth will be appointed to oversee the process

[5] Draw up legislation that will make 10% annual gross domestic product (GDP) growth the norm. Any year in which we have single digit economic growth should be regarded as Nigeria being in recession

[6] Draft legislation that will enable the National Assembly to declare a state of emergency in any state of the federation that fails to generate its internal running costs by 2025. Failure to do this over four successive quarters should generate statutory impeachment proceedings against the governor

[7] Ensure that by 2030 we have at least a 90% literacy rate

[8] Create dedicated financial packages that will allow banks to offer zero interest loans for several ring fenced sectors of the economy. These include agriculture, food processing, steel production, power generation and distribution, manufacturing, etc

[9] Turn one state into a major tourist attraction as part of a “Nigeria is Open For Business” programme

[10] Initiate talks with neighbouring nations about amalgamating. However we look at it, Nigeria’s landmass is insufficient to cater for the fact that by 2050, she will be the third most populous nation on earth. We need to expend our land mass or we will just choke, suffocate and perish under the weight of our population growth

Share