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Posts tagged with "Lagos"

ICPC asked to probe state governors who were hoarding Covid-19 palliatives in warehouses African News

ICPC asked to probe state governors who were hoarding Covid-19 palliatives in warehouses

NIGERIA'S Independent Corrupt Practices and Other Related Offences Commission (ICPC) has been asked to investigate the activities of state governors who it is now known received Covid-19 palliatives from the federal government and stored them in private warehouses.   Over the last 24 hours, the growing unrest in Nigeria has...
Poverty alleviation is the only long-term antidote to looting African News

Poverty alleviation is the only long-term antidote to looting

Ayo Akinfe (1) Over the last 24 hours, the social convulsions in Nigeria have taken on a new dimension with people attacking the homes of rich politicians in search of food and basic consumer items (2) In Ibadan, the home of a senator was attacked and 200 motorcycles carted away by the dispossessed (3) In Calabar, a...
United Nations High Commissioner for Human Rights joins condemnation of Lekki massacre African News

United Nations High Commissioner for Human Rights joins condemnation of Lekki massacre

THE United Nations High Commissioner for Human Rights Michelle Bachelet has joined the international condemnation of the shooting of defenceless protesters in Nigeria and called on the government to address the matter.   Last Tuesday, men of the Nigerian Army opened fire on protesters at the Lekki Toll Gate in Lagos, killing...
Man United's Ighalo condemns Lekki massacre and calls on world leaders to help Nigerians News

Man United's Ighalo condemns Lekki massacre and calls on world leaders to help Nigerians

MANCHESTER United striker Odion Ighalo has vehemently condemned the Nigerian government over yesterday's killing of unarmed #EndSARS protesters at the Lekki Toll Gate in Lagos State.   Last night, the men of the 81 Division of the Nigerian Army opened fire on unarmed protesters at the toll gate, in what is being referred to as...
10 goals Nigeria must set herself of achieving over the next 60 years African News

10 goals Nigeria must set herself of achieving over the next 60 years

Ayo Akinfe (1) Building an economy that is at least worth $2trn, placing her among the top six economies globally as her population dictates (2) Establishing an automobile brand that is synonymous with the country like say Volvo and Sweden, Fiat and Italy, Toyota and Japan, Lada and Russia, Citroen and France, Daewoo and South...
10 things I would like to see in the Petroleum Industry Bill President Buhari just submitted to the National Assembly African News

10 things I would like to see in the Petroleum Industry Bill President Buhari just submitted to the National Assembly

(1) The NNPC is to be privatised with the government holding a stake of no more than 25%. Foreign partners will hold about a 50% stake, with the company floated on the Lagos, New York, London, Frankfurt and Tokyo stock exchanges (2) The NNPC will be recalibrated as a diversified conglomerate with a presence in manufacturing,...
I take the view that Julius Berger should start its foray into agriculture with a focus on the breakfast cereal market African News

I take the view that Julius Berger should start its foray into agriculture with a focus on the breakfast cereal market

Ayo Akinfe (1) Last week, Julius Berger announced that it will be diversifying into the agriculture and food business. For me, this is a welcome development as the bane of the Nigerian economy is that we lack productive conglomerates who can mass produce goods (2) In November 2019, Julius Berger announced its diversification...
If President Buhari is serious about building continental railway lines to boost commerce, here are economically viable routes he should consider rather than the inexplicable Kano to Maradi one that serves no purpose whatsoever African News

If President Buhari is serious about building continental railway lines to boost commerce, here are economically viable routes he should consider rather than the inexplicable Kano to Maradi one that serves no purpose whatsoever

Ayo Akinfe (1) A a Yaoundé-Douala-Calabar-Ikom line that will transport Cameroonian cocoa to the processing plant at Ikom in Cross River State (2) A Lomé-Cotonou-Badagry-Apapa-Warri-Port Harcourt line that will link up West Africa’s coastal ports (3) An Abuja-Niamey-Ouagadougou-Bamako-Conakry-Dakar line that will open up the...
Nigerian Clean Energy Bill 2020 African News

Nigerian Clean Energy Bill 2020

Ayo Akinfe   As we stand, the whole world is moving away from fossil fuels. By 2050, our crude oil will be useless as no one will want it. I can even see the UN introducing new environmental; regulations that may limit its use. Our first priority must be to get all new industrial concerns to generate their own power. Nowhere...
Federal Airports Authority of Nigeria investigates claim staff were asked to pay for vehicle repair African News

Federal Airports Authority of Nigeria investigates claim staff were asked to pay for vehicle repair

FEDERAL Airports Authority of Nigeria (Faan) officials have launched an investigation into an allegation that the head of one of its departments asked staff members to contribute money for the repairs of a damaged truck belonging to the agency.   Nigerian state-owned agencies are commonly known to be cash strapped and this...
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