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Nigeria needs a post-coronavirus economic blueprint that seeks to cash in on restrictions elsewhere by setting new annual revenue targets per sector

July 17th, 2021 African News, Business, News, Nigerian, Politics, World comments

Nigeria needs a post-coronavirus economic blueprint that seeks to cash in on restrictions elsewhere by setting new annual revenue targets per sector

Ayo Akinfe

[1] Tourism – $20bn
[2] Manufacturing – $50bn
[3] Food processing – $20bn
[4] Animal husbandry – $10bn
[5] Aviation – $20bn
[6] Clean energy – $20bn
[7] Shopping and maritime – $20bn
[8] Information and communication technology – $20bn
[9] Clothing, textiles and fashion items – $20bn
[10] Health and pharmaceutical services – $10bn

This would add $210bn to our current export earnings of about $50bn. Just imagine the difference it would make.
For me, 10 first steps that need to be taken to address these problems are:

[1] Beefing up security
[2] Banning the export of primary commodities
[3] Reaching an agreement among the numerous ethnic nationalities that make up Nigeria to to ensure peace
[4] Immediately abrogating the federal allocation formula
[5] Launching a nationwide campaign against our me, me, me culture
[6] Getting our National Orientation Agency to launch a war against vanity. Nothing breeds corruption as much as it
[7] Reducing the influence of religion in the daily life of the average Nigerian
[8] Launching an “If we can’t produce it, we don’t need it” campaign
[9] Getting every local government area to open at least one technical vocation college
[10] Getting every state to spend at least 30% of its budget on education. Our goal should be a 95% literacy rate and a 50% graduate rate

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