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...
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...
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...
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...