AkinfeAyo's blog

Investors withdraw $4.2bn of portfolio investments from Nigeria in response to growing insecurity

NIGERIA'S growing insecurity is having a dire effect on the country's economy as foreign investors have withdrawn N1.64trn ($4.26bn) of portfolio investments over the last three years in response to the crisis according to the Nigerian Stock Exchange.

 

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Lai Mohammed says federal government knows where kidnappers are operating from

INFORMATION minister Alhaji Lai Mohammed has made a startling revelation that the federal government knows where all the kidnapers currently terrorising the nation are hiding and has promised that they will soon be confronted.

 

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Southgate under pressure to pick Ebere as Nigeria steps up its pursuit of the midfielder

ENGLAND manager Gareth Southgate is under pressure to invite playmaker Ebere Eze to his senior squad ahead of the impending European Championships to fend off interest from Nigeria after Super Eagles head coach said he fancies having the midfielder in his team.

 

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The Asaba Declaration: 10 resolutions I expect the Southern Governors Forum passed at its recent meeting

Ayo Akinfe 

[1] Every state shall establish a local security outfit along the lines of Amotekun. Robust measures shall be put in put in place to prevent governors using these networks as private armies

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Experts warn that Covid-19 restrictions will limit foreign direct investment into Nigeria

FINANCIAL experts have warned the federal government that the recent fresh restrictions introduced to arrest the spread of the coronavirus pandemic could hurt the Nigerian economy particularly flight restrictions which could limit the flow of foreign direct investment.

 

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Reverend Father Ejike Mbaka shuts down his ministry for one month and goes on private prayer retreat

CONTROVERSIAL clergyman Reverend Father Ejike Mbaka has announced the closing down of his Adoration Ministry in Enugu for a period of one month to allow for a period of reflection and the cooling down of the political temperature.

 

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Boko Haram and Iswap distribute food parcels to Muslim fasters in Borno and Yobe states

BOKO Haram and his splinter group the Islamic State West Africa Province (Iswap) have both been involved in the distribution of Ramadan welfare parcels to residents of Borno and Yobe states as they observe the month-long fasting period.

 

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Buhari calls emergency security meeting after armed robbers invade presidential villa

PRESIDENT Muhammadu Buhari has called an emergency security meeting to assess the vulnerability of Aso Rock after armed robbers broke into the presidential complex yesterday and raided the residence of his chief of staff.

 

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Michael Olise tells Algeria and all other suitors that he is only interested in playing for Nigeria

READING playmaker Michael Olise has told all other nations vying for his services to back off as he has already committed his international future to Nigeria putting to bed a recent last minute desperate bid by Algeria to acquire the playmaker.

 

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If Nigeria attracts Marshall Plan-style post-coronavirus infrastructural investment funding of say $100bn here is what the federal government’s major priorities should be

Ayo Akinfe

(1) Hydro-electric generation plants that can bring total generated output to 50,000MW

(2) One 853km windmill farm that stretches along our Atlantic coastline from Badagry to Calabar

(3) Three mega solar farms in Borno, Katsina and Zamfara States to try and generate at least 10,000MW from solar power. No other country has managed this so far

(4) A standard gauge national railway network linking all 774 local government areas of the nation

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