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Posts tagged with "foreign direct investment"

Tunde Bakare promises to attract about $2trn in foreign direct investment annually if elected African News

Tunde Bakare promises to attract about $2trn in foreign direct investment annually if elected

ALL Progressives Congress (APC) presidential candidate Pastor Tunde Bakare has promised to attract $2trn in foreign direct investment (FDI) annually into the Nigerian economy  if elected as president next year.   Pastor Bakare, 67, who is the general overseer of the Latter Rain Assembly church, was President Muhammadu...
Nigeria and the UK sign $300m foreign direct investment agreement aimed at creating 5,000 jobs African News

Nigeria and the UK sign $300m foreign direct investment agreement aimed at creating 5,000 jobs

NIGERIA and the UK have signed a foreign direct investment (FDI) agreement worth $300m aimed at boosting British support for small and medium sized enterprises in Nigeria that will lead to the creation of about 5,000 jobs.   This deal was signed in London today with minister for industry, trade and investment, Otunba Niyi...
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...
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...
If Nigeria was maturing democracy elections would be about economic diversification with the electorate asking the candidates what they plan to do to wean the country off crude oil African News

If Nigeria was maturing democracy elections would be about economic diversification with the electorate asking the candidates what they plan to do to wean the country off crude oil

Ayo Akinfe Nigeria needs to attract at least $50bn in foreign direct investment (FDI) in 2022 to avoid total economic collapse Where on earth we are going to get it from I do not know and I am surprised that nobody is even talking about it at the moment Waiting for investors to just come to Nigeria is utopian thinking. We...
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...
This should be Nigeria’s submission to the ongoing G20 Summit in Rome African News

This should be Nigeria’s submission to the ongoing G20 Summit in Rome

  Ayo Akinfe Population-wise, we are number seven in the world. Nigeria should thus become the seventh largest foreign direct investment (FDI) destination by 2030 Every automobile manufacturer must be compelled to open at least one assembly plant in Africa by 2025 Any pharmaceutical giant supplying a Covid-19 vaccine...
It is time for a Nigerian president to start telling the rest of the world that they either invest in the country or live with the consequences of a 200m strong African Afghanistan African News

It is time for a Nigerian president to start telling the rest of the world that they either invest in the country or live with the consequences of a 200m strong African Afghanistan

Ayo Akinfe President Buhari was at another investment summit in Saudi Arabia this week. I am yet to hear of him signing any major Islamic finance deal while there Upon assuming office in 2015, President Buhari actually enjoyed a lot of international goodwill with Nigeria being invited to every capital in the world. However, all...
Ngozi warns Nigeria that the government needs to bring down the high cost of trading African News

Ngozi warns Nigeria that the government needs to bring down the high cost of trading

WORLD Trade Organisation (WTO) director-general Dr Ngozi Okonjo-Iweala has warned that Nigeria will struggle to rebuild her economy in the post-coronavirus era as the nation is struggling to attract investment due to her high trading costs.   Like many developing nations, Nigeria got hit hard by the coronavirus pandemic as...
Nigerian Investment Promotion Commission report reveals that 92% of FDI announcements did not materialise African News

Nigerian Investment Promotion Commission report reveals that 92% of FDI announcements did not materialise

NIGERIA may have lost about $188.29bn worth of foreign direct investment (FDI) over the last five years meaning that about 92% of opportunities that were available to the country between 2017 and 2020 did not materialise.   According to a recent report by the Nigerian Investment Promotion Commission (NIPC) on investment...
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