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Posts tagged with "Ajaokuta"

10 things Nigeria needs to do if we want a repeat of the 1970 feat when we witnessed a 25% growth in GDP African News

10 things Nigeria needs to do if we want a repeat of the 1970 feat when we witnessed a 25% growth in GDP

Ayo Akinfe Build at least one silo in each of our 774 local government areas to store all our cash crops and food crops. We then need to build processsing plants around these silos with a goal of adding at least 50% value to every agricultural product we produce Get the Ajaokuta and Aladja steel mills running at full capacity....
Yesterday President Biden gave Ukraine $13.6bn worth of aid. I think it is time President Buhari tells the US and other industrialised nations that if they invest that kind of money in developing nations it will avoid war in the first place African News

Yesterday President Biden gave Ukraine $13.6bn worth of aid. I think it is time President Buhari tells the US and other industrialised nations that if they invest that kind of money in developing nations it will avoid war in the first place

Ayo Akinfe We do not need loans or grants but proper foreign direct investment (FDI) to build up our industrial capacity. Consequently, all recent coronavirus-related loans must be written off Nigeria needs at least $100bn of FDI annually. International development agencies must agree to press industrialised countries to offer...
10 things President Buhari should reflect on during his two week break in London African News

10 things President Buhari should reflect on during his two week break in London

Ayo Akinfe How does he give the security forces the assurance that they can go after bandits, herdsmen, kidnappers, etc? At the moment, his body language delights the hoodlums How does he do away with all the ethnic mistrust he has created? Maybe dropping charges against Nnamdi Kanu and Sunday Igboho would be a good start How...
President Buhari is currently in Kenya to participate in the 50th anniversary of the United Nations Environmental Programme. I hope his speech to the gathering contains a wishlist that looks like this African News

President Buhari is currently in Kenya to participate in the 50th anniversary of the United Nations Environmental Programme. I hope his speech to the gathering contains a wishlist that looks like this

Ayo Akinfe Nigeria does not need loans or grants but proper foreign direct investment (FDI) to build up our industrial capacity. Consequently, all recent coronavirus-related loans must be written off Nigeria needs at least $100bn of FDI annually. International development agencies must agree to press industrialised countries to...
I hope President Buhari returns from this AU-EU Summit in Brussels with a signed agreement that looks something like this African News

I hope President Buhari returns from this AU-EU Summit in Brussels with a signed agreement that looks something like this

Ayo Akinfe Nigeria is willing to offer European Union (EU) member states observer status at the Economic Community of West African States (Ecowas). This is to facilitate massive investment in West Africa with an annual minimum target of $500bn Nigeria is offering free land and five year tax holidays to the European automobile...
All our 2023 presidential candidates should be made to sign up to this international development plan African News

All our 2023 presidential candidates should be made to sign up to this international development plan

Ayo Akinfe Nigerian does not need loans or grants but proper foreign direct investment (FDI) to build up our industrial capacity. Consequently, all recent coronavirus-related loans must be written off Nigeria needs at least $100bn of FDI annually. International development agencies must agree to press industrialised countries to...
Rotimi Amaechi can revolutionise the Nigerian economy if he has a coherent railway policy African News

Rotimi Amaechi can revolutionise the Nigerian economy if he has a coherent railway policy

By Ayo Akinfe Last year, Rotimi Amaechi was in China to look at the railway carriages being built. He will take delivery of 20 coaches but alas, this is nowhere near good enough. Nigeria cannot continue to be an eternal consumer. No economy has ever grown when it operates that way Mr Amaechi needs to tell the Chinese that they...
Is Nigeria aware of the fact that by 2027 the global tissue paper industry will be worth at least $94bn and with this pandemic we have the opportunity to create a dominant market presence Business

Is Nigeria aware of the fact that by 2027 the global tissue paper industry will be worth at least $94bn and with this pandemic we have the opportunity to create a dominant market presence

Ayo Akinfe Over the last year-and-a-half, the surge in the demand for tissue paper, kitchen roll, wipes and napkins has been dramatic worldwide as the coronavirus surge spreads. Across the world, departmental stores, retail chains and supermarkets are having to deal with panic buying, leaving their shelves bare Worldwide, the...
I hope President Buhari is telling Prime Minister Johnson that Nigeria needs a lot more from her former colonial master Britain that just photo opportunities. I expect him to present a wish-list that looks like this to Downing Street African News

I hope President Buhari is telling Prime Minister Johnson that Nigeria needs a lot more from her former colonial master Britain that just photo opportunities. I expect him to present a wish-list that looks like this to Downing Street

  Ayo Akinfe According to Britain’s Department for International Development (DfID) UK-Nigeria trade was worth £3.4bn in 2016. President Buhari should demand that this be boosted to around £50bn over the next five years. There are sectors like power, automobiles, railways, healthcare, etc where Britain has a lot of...
Nigeria needs to manufacture her way out of the current crisis starting off by passing an Industrial Expansion Bill African News

Nigeria needs to manufacture her way out of the current crisis starting off by passing an Industrial Expansion Bill

  Ayo Akinfe Nigeria shall have a gross domestic product (GDP) target of $1.5trn by the year 2030 with the aim of unveiling an annual budget of $300bn. According to the African Development Bank, Nigeria has an annual infrastructural deficit of $100bn. We have to set ourselves the target of narrowing that gap significantly,...
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