NIGERIA has still not made any budgetary provision for the purchase of a Covid-19 vaccine despite plans to purchase about 218.m doses of the new coronavirus vaccine in a bid to combat the second wave of the virus.
With the second wave of the virus sweeping across the globe, Nigeria has been told she needs to set aside...
Ayo Akinfe
(1) I for one am dead scared about Nigeria’s economic prospects in 2021. We are simply not going to sell the quantities of crude oil required at the needed prices for the government to afford any new capital projects
(2) With the African Development Bank pointing out that we have an annual infrastructural deficit of...
Ayo Akinfe
Items we use in huge quantities but shamelessly do not manufacture:
(1) Generator sets
(2) Armaments to equip our security services
(3) Okada motorcycles
(4) The 12m automobiles we drive
(5) The bicycles our villagers ride
(6) All the megaphones and loudspeakers we use in our churches and mosques
(7) All the...
Ayo Akinfe
(1) South Korea - $416.9bn
(2) India - $394.54bn
(3) Indonesia - $220.5bn
(4) Mexico - $217.85bn
(5) Brazil - $173.68bn
(6) Turkey - $143bn
(7) Australia - $78.66bn
(8) Malaysia - $78.28bn
(9) Vietnam - $43.17bn
(10) Nigeria - $38.32bn
As you can see, I have not looked at any Western industrialised nation. I...
Ayo Akinfe
(1) As we can all see, Sars was just the catalyst for the uprising we have seen across the nation. It is poverty that has led the Nigerian masses to revolt. Unless the issue of their welfare is addressed, what we are witnessing today will just be a dress rehearsal for a much more violent revolt next year
(2) Food is...
Ayo Akinfe
(1) It is crystal clear to the whole world now that the gulf between the haves and the have-nots in Nigeria is now totally unsustainable. No matter what anyone says, social convulsions are inevitable
(2) We are the poverty capital of the world with about 87m people living in extreme poverty. When nearly 90m of your...
Ayo Akinfe
(1) Wrist watches
(2) Mobile phones
(3) Laptop computers
(4) iPads
(5) Plasma Television sets
(6) Fridge-freezers
(7) Handbags
(8) Irons
(9) Generator sets
(10) Bicycles
I do not think it is asking too much for us as a nation to produce 50m units of each of these items annually. No doubt there are a lot of...