Ayo Akinfe
Nothing is as responsible for Nigeria's current socio-economic woes as the federal revenue allocation formula. It has made us dependent on one primary commodity, stifled economic growth and inhibited productivity. I am hoping that Charles Soludu will initiative the process that will eventually slay this dragon. If by say...
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...
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...
Ayo Akinfe
(1) Sell it to a steel company at a giveaway price to convert it into a manufacturing plant. Just imagine how Corus Steel would love the gift of a readymade plant
(2) Invite oil companies to come and buy it and convert into a facility that can rival Dangote’s Lekki plant. Dangote’s facility can meet all Nigeria’s...
Ayo Akinfe
(1) General Motors
(2) Ford
(3) Chrysler
(4) John Deere
(5) Dell
(6) Boeing
(7) Prizer
(8) Tyson Foods
(9) Hewlett Packard
(10) Nike
We need about $50bn in foreign direct investment in 2021 to save us from economic strangulation. If these companies come to Nigeria, it will create about 1m new jobs...
Ayo Akinfe
(1) Looking at the collegiate approach President Biden is adopting, it is crystal clear that the way forward over the next four years will be team politics
(2) President Biden has already cancelled the bilateral Keystone XL Pipeline contract with Canada in favour of the more multilateral approach as epitomised by the...
Ayo Akinfe
(1) US companies need to expand into new origins close to raw materials where production costs will be lower. Nigeria has got to be on a top global list of five favourite investment destinations
(2) As we speak, hundreds of US firms are relocating from China as a result of the coronavirus pandemic. They realise it is...
Ayo Akinfe
(1) Nigeria is willing to offer the US observer status at the Economic Community of West African States (Ecowas). This is to facilitate massive US investment in West Africa
(2) Nigeria is offering free land and five year tax holidays to the big three US automobile manufacturers General Motors, Chrysler and Ford. We want...
Ayo Akinfe
(1) With oil prices in the doldrums and the Dangote refinery poised to take over as Nigeria’s main source of petrol products, this is the time to cannibalise the NNPC and convert it into an industrial concern
(2) Dangote’s Lekki refinery has effectively made the three dormant NNPC refineries needless. We have to now...
Ayo Akinfe
This is a picture of the chairmen on the three major US automobile companies and their directors outside the White House, taken in December 1941 after the Japanese attacked Pearl Harbour. They had been summoned by President Franklin Roosevelt
Totally unprepared for war, lacking military equipment and not having any...
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