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Posts tagged with "Mitsubishi"

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 ...
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...
Charles Soludo should set himself a target of withdrawing Anambra State from the federal allocation formula by 2030 to make the point that Ndigbo are not parasites but productive people African News

Charles Soludo should set himself a target of withdrawing Anambra State from the federal allocation formula by 2030 to make the point that Ndigbo are not parasites but productive people

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...
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...
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,...
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...
African News

Buhari should have initiated a series of investment agreements between Ecowas and other regional bodies as part of a desperate attempt to attract FDI in this post-Covid era before opening Nigeria’s borders

Ayo Akinfe Nigeria needs to attract at least $50bn in foreign direct investment (FDI) in 2021 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 should...
There cannot be a better time than this to convert the NNPC into an industrial conglomerate African News

There cannot be a better time than this to convert the NNPC into an industrial conglomerate

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...
 

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