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.
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...
Host a meeting of the South East Governors Forum in Akwa. At this summit, I want to see him sell the others the idea of floating a finance house called Ogbunigwe Bank. It will hand out loans to small businesses across Igboland with a maximum interest rate of 5%
Sign a deal with Innoson Motors under which...
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...
First of all the military clampdown must end today. There are no Boko Haram or Iswap terrorists in the southeast, so all political prisoners should be released, all charges against Nnamdi Kanu should be dropped and Ipob should be recognised as a civil society agitation group. Southeast Nigeria is not Sambisa Forest or...
No matter how much we protest about it, the reality remains that the rest of the human race refuses to recognise negroid people as fully-fledged homo sapiens. There is no evidence out there to suggest that this will change any time soon
Nobody will ever admit this in public but Caucasians regard negroes as something of...
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,...
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...
(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...
(1) Investment in agriculture, acquaculture and animal husbandry
(2) Investment in power generation
(3) Manufacturing of consumer goods
(4) Production of industrial goods
(5) Food processing
(6) Steel processing
(7) Railway and road expansion
(8) Housing development
(9) Automobile manufacturing