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Posts tagged with "Hermes"

Is there any reason why no Nigerian state governor has opened a crocodile farm within his jurisdiction  African News

Is there any reason why no Nigerian state governor has opened a crocodile farm within his jurisdiction 

Ayo Akinfe An intellectually lazy people will always be an impoverished people. Why has Nigeria not cashed in on the commercial opportunities the crocodile provides? Are Nigerians aware of the fact that in Louisiana alone, alligator farming is a $60m to $70m industry annually? I am a big fan of crocodiles simply because they are...
To fund our $41bn 2022 budget, President Buhari is going to have to introduce a Nigerian Luxury Consumer Goods Bill to raise at least $10bn African News

To fund our $41bn 2022 budget, President Buhari is going to have to introduce a Nigerian Luxury Consumer Goods Bill to raise at least $10bn

Ayo Akinfe For starters, we need a database to determine what are luxury goods. This will include designer clothing, jewellery, automobiles, footwear and fashion accessories. All such items will be subject to a 20% luxury goods tax at the point of purchase All private jets will be subject to an annual tax worth 40% of their...
All these fears over VAT can be ameliorated with the passing of a Nigerian Textile Industry Resuscitation Bill by the National Assembly African News

All these fears over VAT can be ameliorated with the passing of a Nigerian Textile Industry Resuscitation Bill by the National Assembly

Ayo Akinfe Cotton production will be expanded to match Pakistan’s 2.3m tonnes through the provision of single digit loans and hybrid seedlings to farmers. Nigeria currently produces only 105,000 tonnes which is not enough to sustain a local manufacturing industry A Nigerian Tailors Guild will be formed as part of a regulatory...
As a people we need to start seizing the commercial opportunities that are offered by branding and patented products African News

As a people we need to start seizing the commercial opportunities that are offered by branding and patented products

Ayo Akinfe Last week, the whole of Nigeria was talking about the unique attire President Buhari wore during his one day official visit to Imo State. However, have we cashed in on it? I am gobsmacked that nobody in Imo State, a part of the country renown for its commercial clout and industrial nature has spotted the opportunities...
Are Nigerians aware of the fact that the global leather industry is currently worth about $500bn a year and the raw material used in the sector is cattle hide? African News

Are Nigerians aware of the fact that the global leather industry is currently worth about $500bn a year and the raw material used in the sector is cattle hide?

Ayo Akinfe   As we debate the creation of cattle ranches across Nigeria, are we aware of the fact that the global leather goods market was valued at $414bn in 2017, it is expected to reach $629.65bn by 2025? Here are the top 10 producers worldwide.   (1) China produces 6.17bn square feet of leather goods and...
Nigerian Textile Industry Resuscitation Bill 2020 African News

Nigerian Textile Industry Resuscitation Bill 2020

Ayo Akinfe (1) Cotton production will be expanded to match Pakistan’s 2.3m tonnes through the provision of single digit loans and hybrid seedlings to farmers. Nigeria currently produces only 105,000 tonnes which is not enough to sustain a local manufacturing industry (2) A Nigerian Tailors Guild will be formed as part of a...
 

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