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Posts tagged with "Lagos"

Rather than taking out all these loans to meet recurrent costs like salaries, it would make more economic sense for Buhari to approach the World Bank and IMF for cash to fund housing African News

Rather than taking out all these loans to meet recurrent costs like salaries, it would make more economic sense for Buhari to approach the World Bank and IMF for cash to fund housing

Ayo Akinfe   Given that there are 200m Nigerians with about 50% of them being 18 and over, we should have a 20-year plan to build 40m housing units over the next 20 years   Of these 40m, the federal government will build at least 5m housing units in Abuja and Lagos each   All 36 state and the 774 local...
Given that Nigeria was the only country on the planet with three slave trade export ports it is criminal that we are not a global maritime power African News

Given that Nigeria was the only country on the planet with three slave trade export ports it is criminal that we are not a global maritime power

Ayo Akinfe If we delve into the history of the Trans Atlantic Slave Trade, it is crystal clear that without Nigeria there simply would have been no global trade in human cargo By my estimation, about one quarter of all the slaves in the New World came from Nigeria. It is no accident that our shores were called Slave Coast and the...
Nothing symbolises how unproductive we are in Nigeria like the fishing industry African News

Nothing symbolises how unproductive we are in Nigeria like the fishing industry

Ayo Akinfe It is criminal laziness bordering on a crime against mother nature for a country with 853km of Atlantic coastline to be importing fish. I do not know of any other nation in the same position that does so Again, this is a another case of crude oil making us lazy. We believed we had enough money to import anything we...
Just as Nato has a military pact to protect each other, it is time Mint nations signed a treaty compelling them to come to the assistance of each other economically whenever one is in trouble African News

Just as Nato has a military pact to protect each other, it is time Mint nations signed a treaty compelling them to come to the assistance of each other economically whenever one is in trouble

Ayo Akinfe In 2014, economist Jim O'Neill, coined the phrase Mint nations. Basically, what he meant was that by 2050, Mexico, Indonesia, Nigeria and Turkey (Mint) would be the dominant global economic powers He predictions were supported by all economists and it was easy to see why. They have sizeable populations, are key...
Nigeria should seize on the Ukraine-Russia crisis as an opportunity to get the D8 group of developing countries to step up their game and aspire to compete with the big boys African News

Nigeria should seize on the Ukraine-Russia crisis as an opportunity to get the D8 group of developing countries to step up their game and aspire to compete with the big boys

Ayo Akinfe How many Nigerians know that their country is a member of the D-8 Organization for Economic Cooperation, also known as Developing-8. It is an association for development co-operation made up of Bangladesh, Egypt, Nigeria, Indonesia, Iran, Malaysia, Pakistan, and Turkey The objectives of D-8 Organization for Economic...
10 things I wish we had learnt from our British colonial masters African News

10 things I wish we had learnt from our British colonial masters

Ayo Akinfe Modesty Ship building Seafaring Automobile manufacturing ala Vauxhall Steelmaking Chocolate processing ala Cadbury’s Mass textile processing Railway carriage manufacture Dairy processing Building maintenance If you look at it, the only thing we have taken over and surpassed them at is religion. We...
Being the planet’s largest black nation I think Nigeria should commit herself to providing the 10 wonders of the world in the second half of the 21st century African News

Being the planet’s largest black nation I think Nigeria should commit herself to providing the 10 wonders of the world in the second half of the 21st century

Ayo Akinfe A Bonny to Port Harcourt 44km suspension bridge A 1km Asaba to Onitsha underwater aquarium Africa’s first underwater restaurant in Lekki A rebuilt Tower of Babel in Adamawa along the border with Cameroon A West African Serengeti in Taraba State The world’s largest cattle ranch at Sambisa Forest in Borno...
As the 2023 elections loom, any presidential candidate from Lagos State should be able to come up with a robust fishing policy which guarantees that the sector will generate at least $10bn in revenue annually African News

As the 2023 elections loom, any presidential candidate from Lagos State should be able to come up with a robust fishing policy which guarantees that the sector will generate at least $10bn in revenue annually

Ayo Akinfe It is criminal laziness bordering on a crime against mother nature for a country with 853km of Atlantic coastline to be importing fish. I do not know of any other nation in the same position that does so Again, this is a another case of crude oil making us lazy. We believed we had enough money to import anything we...
Domestic and foreign investment rises by 39% in 2021 as Nigeria recovers from coronavirus meltdown African News

Domestic and foreign investment rises by 39% in 2021 as Nigeria recovers from coronavirus meltdown

DOMESTIC and international investors increased their investments in Nigeria by a whopping 39% last year amid signs that the country is gradually recovering from the economic impact of the coronavirus pandemic according to official figures just published.   Data just released by the Nigerian Investment Promotion Commission...
Were I a presidential candidate I would have special Aba policy in which the city would be declared a dedicated industrial reserve African News

Were I a presidential candidate I would have special Aba policy in which the city would be declared a dedicated industrial reserve

Ayo Akinfe The federal government will fund the construction of 12 technical vocational training colleges in Aba Nigeria’s Bank of Industry will open five branches in Aba No Aba manufacturer will be charged more than 5% on any loans taken out Any new manufacturer opening up in Aba will get a five year tax holiday ...
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