NIGERIA'S economy recorded a minute growth in gross domestic product (GDP) during the fourth quarter of 2020 witnessing a 0.11% rise in year-on-year wealth to N43.5trn ($113.45bn) .
Over the last year, the Nigerian economy has been hit hard by the economic fallout of the coronavirus pandemic and as a result has suffered...
Ayo Akinfe
(1) Top marks to President Biden for hitting the ground running with his economic stimulus plan on day one. It is very impressive and shows he was ready for office long before he was sworn-in
(2) I fully expect the US Congress to pass his economic stimulus bill. Reading through the proposals, it is clear that if you...
Ayo Akinfe
(1) How his government plans to combat the rising spate of insecurity across the country
(2) How this administration intends to reduce the ratio of government revenue that accrues from crude oil exports to 20% from the current 90% through an economic diversification programme
(3) How his administration plans...
Ayo Akinfe
(1) Ensure that annual gross domestic product (GDP) is never below 10%. Single digit growth should be considered recessionary
(2) Attract a minimum of $50bn in foreign direct investment (FDI) annually
(3) Hold monthly meetings with the 36 state commissioners of trade & industry and ensure that they each attract a...
Ayo Akinfe
(1) All of a sudden we are hearing a lot about the need for law and order in Nigeria. Of course we all welcome that but this desire for us to be governed by the rule of law has got to be applied in a uniform manner across the board
(2) Across most states today, hunger-starved masses have been reduced to...
NIGERIAN government officials have announced ambitious plans to ensure that 2.4m households benefit from the Covid-19 stimulus package aimed at providing families with cash handouts in a bid to boost the economy.
Badly hit by the coronavirus lockdown, Nigeria's economy has nose-dived mainly due to the fact that crude oil...
