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African News
African News
African News
Nigeria’s finance minister Zainab Ahmed needs to float a National Tithe Patriotic Bank in 2020 to generate investment funds
By Ayo Akinfe (1) As 2020 looms, our debate over the next week simply has to focus on how to raise the needed capital to fund Nigeria’s infrastructural requirements. Anything else is just window dressing as our biggest headache as a country is...
African News
It is time Nigerians latch on to Martin Luther King’s theory of the fierce urgency of now before the gulf gets too wide to bridge
(1) Today is December 22. On this day in 1956, American newspapers were full of pictures of Dr Martin Luther King riding on a mixed bus with white folks after the Alabama Bus Boycott has been called off a day earlier. Dr King was the first person to...
African News
In Nigeria we need to redefine the word recession and apply it to any year in which we do not enjoy double digit economic growth
By Ayo Akinfe (1) As 2020 looms and Nigeria is poised to hit 60, I for one am getting exasperated with the immaturity of our political, economic and intellectual debate. We want to live like a G7 nation with a GDP of $2trn but our thinking...
African News
France's President Macron to spend the Christmas period visiting troops across West Africa
FRENCH President Emmanuel Macron is to spend Christmas in West Africa where he will celebrate the end of the year with France's troops serving in the region as part of his government's fight against the rise of Islamic militancy. With...
African News
I await a radical Nigerian pineapple production policy in 2020
By Ayo Akinfe (1) We will seek to increase production from the current 1.6m tonnes to 3m tonnes by 2024 (2) Each of our major nine producing states must have a processing and canning factory. These include Abia, Akwa Ibom, Benue, Cross River,...
African News
Nigerian Governors Forum agrees to fully implement new national minimum wage as from January
NIGERIAN Governors Forum (NGF) has agreed to start paying the new minimum wage of N30,000 a month as from January after holding a meeting in Abuja where its members accepted that they are now legally obliged to honour the new...
African News
Nigerian catfish farmers want border closure to remain indefinitely as it has helped its members
CATFISH farmers have urged the federal government to keep Nigeria's borders closed because the current closure is a blessing to their industry as it has protected them from cheap foreign imports. Earlier this year, Nigeria closed all...
African News
Those wealthy organisations and millionaires failing to invest in Nigeria are actually doing more harm to our economy than corrupt politicians who steal our meagre budget
By Ayo Akinfe (1) As we prepare for 2020 and the prospect of Nigeria turning 60, it is time for our political debate to grow up too. Until it does, we will keep going round in endless and incoherent circles wondering where we are...
African News