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Posts tagged with "Warri"

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 ...
With the way borrowing is soaring, Nigeria needs to introduce a Loan Procurement Bill African News

With the way borrowing is soaring, Nigeria needs to introduce a Loan Procurement Bill

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...
Every Nigerian man and woman of goodwill should have this as their 2022 wish list African News

Every Nigerian man and woman of goodwill should have this as their 2022 wish list

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...
I hope President Buhari is telling Prime Minister Johnson that Nigeria needs a lot more from her former colonial master Britain that just photo opportunities. I expect him to present a wish-list that looks like this to Downing Street African News

I hope President Buhari is telling Prime Minister Johnson that Nigeria needs a lot more from her former colonial master Britain that just photo opportunities. I expect him to present a wish-list that looks like this to Downing Street

  Ayo Akinfe According to Britain’s Department for International Development (DfID) UK-Nigeria trade was worth £3.4bn in 2016. President Buhari should demand that this be boosted to around £50bn over the next five years. There are sectors like power, automobiles, railways, healthcare, etc where Britain has a lot of...
Timipre Sylva reveals that signing of PIB into law effectively ends petroleum subsidies in Nigeria African News

Timipre Sylva reveals that signing of PIB into law effectively ends petroleum subsidies in Nigeria

NIGERIA'S minister of state for petroleum resources Chief Timipre Sylva has revealed that government subsidies in the sector have effectively ended with the passing of the Petroleum Industry Bill (PIB) by the National Assembly.   Earlier this month, Nigeria's National Assembly passed the long-awaited PIB, which among other...
Dangote wary about plans by NNPC to buy a 20% stake in his new Lekki refinery African News

Dangote wary about plans by NNPC to buy a 20% stake in his new Lekki refinery

AFRICA'S richest man Alhaji Aliko Dangote has expressed concern about plans by the Nigerian National Petroleum Corporation (NNPC) to purchase a 20% stake in his newly-opened Lekki refinery.   A  650,000 barrels per day integrated refinery and petrochemical project, the Dangote refinery in the Lekki suburb of Lagos costs $12bn...
If Nigeria attracts Marshall Plan-style post-coronavirus infrastructural investment funding of say $100bn here is what the federal government’s major priorities should be African News

If Nigeria attracts Marshall Plan-style post-coronavirus infrastructural investment funding of say $100bn here is what the federal government’s major priorities should be

Ayo Akinfe (1) Hydro-electric generation plants that can bring total generated output to 50,000MW (2) One 853km windmill farm that stretches along our Atlantic coastline from Badagry to Calabar (3) Three mega solar farms in Borno, Katsina and Zamfara States to try and generate at least 10,000MW from solar power. No other country...
Nigeria spends $1.3bn importing petrol and other petroleum by-products in 2019 African News

Nigeria spends $1.3bn importing petrol and other petroleum by-products in 2019

NIGERIA spent a total of $1.32bn on the importation of petrol and other petroleum derivatives in 2020 according to recent data just published by the Central Bank of Nigeria (CBN) despite being the world's sixth largest crude oil exporter.   Historically, Nigeria has produced 2.5m barrels of crude oil a day, the bulk of which...
Nigeria’s top 10 priorities at the moment African News

Nigeria’s top 10 priorities at the moment

  Ayo Akinfe (1) Ending the current insecurity epidemic. There are 6m weapons in the country at the moment and criminals are having a field day. This needs urgent addressing (2) Putting out all the ethnic fires currently raging across the country. Ethnic mistrust is now such an issue, it virtually impossible to have any...
With Angela Merkel set to leave office soon, President Buhari should be the first world leader to visit the new German chancellor once he gets sworn-in with the following 10-point proposals  African News

With Angela Merkel set to leave office soon, President Buhari should be the first world leader to visit the new German chancellor once he gets sworn-in with the following 10-point proposals 

Ayo Akinfe (1) Either  Armin Laschet or Markus Söder is to be named German chancellor soon. As soon as either is sworn-in, President Buhari should be in Berlin with his first demand being that the German GSG 9 anti-terrorist federal police unit come to train the Nigeria Police Force on combatting terrorism and anti-guerrilla...
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