Ayo Akinfe
Unlike anywhere else in Nigeria, Lagos requires federal infrastructure as it accounts for one quarter of Nigeria's gross domestic product (GDP), one third of non-oil GDP, attracts about 70% of foreign direct investment (FDI) and half of all Nigeria's cars ply Lagos roads
With a population of about 15m, Lagos is the...
Ayo Akinfe
In the wake of the coronavirus pandemic, the International Monetary Fund (IMF) published a report in which it warned that Nigeria’s debt-to-gross domestic product (GDP) ratio was growing at an alarming rate. Although still within reason as the federal government’s external debt of $40bn is still less than 10% of GDP,...
RIVERS State gubernatorial candidate and the lawmaker representing the Degema/Bonny Federal Constituency Hon Farah Dagogo has been arrested by the police at the request of Governor Nyesom Wike.
Earlier this week, Governor Wike threatened to have Hon Dagogo, an aspirant seeking to get the Peoples Democratic Party's (PDP)...
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...
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
...
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...
Ayo Akinfe
Last year, the International Monetary Fund (IMF) published a report in which it warned that Nigeria’s debt-to-gross domestic product (GDP) ratio was growing at an alarming rate
Although borrowing is still within reason as the federal government’s external debt of $40bn is still less than 10% of GDP, the way it is...
Ayo Akinfe
Increasing generated power from the current 7,000MW to about 50,000MW through a variety of sources like wind, solar, thermal, gas, hydro and waste recycling
Initiating a Lagos Underground tube network. Lagos is the largest city in the world without an underground network. With 12m people and no metro, you will always...
By Ayo Akinfe
On August 30 1894 British explorer Frederick Lugard began his expedition of the Niger which led to the eventual creation of the nation state called Nigeria. In just 20 years, Lugard captured nearly 1m square kilometres, subduing about 20m people from 250 different ethnic groups. He created the biggest and most lucrative...
Ayo Akinfe
Attract international investors to come and take over the Aladja Steel Company. Get it employing at least 500 staff and producing about 10,000 tonnes a year
Get the Warri Refinery and Petrochemicals Company located at Ekpan, upgraded into a major research and development facility of global repute
Try and raise the...
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