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Posts tagged with "Versace"

To fund our $41bn 2022 budget, President Buhari is going to have to introduce a Nigerian Luxury Consumer Goods Bill to raise at least $10bn African News

To fund our $41bn 2022 budget, President Buhari is going to have to introduce a Nigerian Luxury Consumer Goods Bill to raise at least $10bn

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...
All these fears over VAT can be ameliorated with the passing of a Nigerian Textile Industry Resuscitation Bill by the National Assembly African News

All these fears over VAT can be ameliorated with the passing of a Nigerian Textile Industry Resuscitation Bill by the National Assembly

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...
As a people we need to start seizing the commercial opportunities that are offered by branding and patented products African News

As a people we need to start seizing the commercial opportunities that are offered by branding and patented products

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...
Nigerian Textile Industry Resuscitation Bill 2020 African News

Nigerian Textile Industry Resuscitation Bill 2020

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...
 

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