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Posts tagged with "Ajaokuta"

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,...
President Buhari should have sent Vice President Osinbajo to the G7 Summit in Cornwall with a set of proposals that look something like this African News

President Buhari should have sent Vice President Osinbajo to the G7 Summit in Cornwall with a set of proposals that look something like this

Ayo Akinfe Nigeria is willing to offer all G7 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 big automobile manufacturers like...
By my calculations Nigeria will be back on a sound footing by 2030 African News

By my calculations Nigeria will be back on a sound footing by 2030

Ayo Akinfe (1) By 2023 we will elect a president who will stop this division of Nigerians along ethnic lines. President Buhari is unique even by Fulani standards as neither presidents Shagari or Yar’Adua were this nepotistic (2) By 2025, Boko Haram would have been eliminated as what is currently lacking is the political will to...
According to the African Development Bank Nigeria has an annual infrastructural deficit of $100bn. Here are 10 ways in which we can raise that kind of capital  African News

According to the African Development Bank Nigeria has an annual infrastructural deficit of $100bn. Here are 10 ways in which we can raise that kind of capital 

Ayo Akinfe (1) Foreign direct investment - Aim for $50bn annually. When Mark Zuckerberg last visited, did we get him to commit to a minimum annual investment figure (2) Development grants - I have lost track of how many billions are available through bodies like Unesco, Unicef, WHO, WTO, World Bank, etc (3) Federal government...
With Angela Merkel set to leave office soon, President Buhari should be the first world leader to visit the new German chancellor once he gets sworn-in with the following 10-point proposals  African News

With Angela Merkel set to leave office soon, President Buhari should be the first world leader to visit the new German chancellor once he gets sworn-in with the following 10-point proposals 

Ayo Akinfe (1) Either  Armin Laschet or Markus Söder is to be named German chancellor soon. As soon as either is sworn-in, President Buhari should be in Berlin with his first demand being that the German GSG 9 anti-terrorist federal police unit come to train the Nigeria Police Force on combatting terrorism and anti-guerrilla...
African News

Next week Mr Wang Yi, China’s foreign minister will be visiting Nigeria, so I hope President Buhari and his team will have this post-Covid action list presented to him

Ayo Akinfe (1) If China comes up with a Covid-19 vaccine, Nigeria’s government wants a commitment that a pharmaceutical plant to manufacture the drug will be built in Nigeria. In addition, Nigeria wants sole distribution rights of the vaccine across Africa (2) Nigeria wants a platoon of an elite division of China’s special...
African News

10 Xmas gifts Father Christmas brought Nigeria in his sack today

Ayo Akinfe (1) 50,000MW of electricity (2) An elimination of Boko Haram (3) All Fulani herdsmen have been disarmed (4) Charges against all political prisoners have been dropped (5) All public officials have committed to eschewing corruption (6) Pfizer has agreed to open a global vaccine manufacturing plant in Nigeria (7) Russia...
African News

10 things I would love to hear in President Buhari’s Christmas Day address tomorrow

Ayo Akinfe Fellow Nigerians, (1) We shall be opening one mechanised division of the Nigerian Army in each of the 19 states of northern Nigeria to combat insecurity, terrorism, kidnapping, banditry and the murderous Fulani herdsmen (2) During the course of 2021, we will establish at least one battalion of the Nigerian Army in...
10 things I would like to see in the Petroleum Industry Bill President Buhari just submitted to the National Assembly African News

10 things I would like to see in the Petroleum Industry Bill President Buhari just submitted to the National Assembly

(1) The NNPC is to be privatised with the government holding a stake of no more than 25%. Foreign partners will hold about a 50% stake, with the company floated on the Lagos, New York, London, Frankfurt and Tokyo stock exchanges (2) The NNPC will be recalibrated as a diversified conglomerate with a presence in manufacturing,...
Can someone please explain to me why Nigeria is not a major manufacturer of containers? African News

Can someone please explain to me why Nigeria is not a major manufacturer of containers?

Ayo Akinfe (1) Freight containers are a reusable transport and storage unit for moving products and raw materials between locations or countries. There are about 17 million intermodal containers in the world (2) About 85% of the world’s containers are manufactured in China (3) Do you know that 90% of African imports and...
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