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Posts tagged with "President Buhari"

Finance minister reveals that Nigeria still has no budgetary provision for Covid-19 vaccine African News

Finance minister reveals that Nigeria still has no budgetary provision for Covid-19 vaccine

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...
Buhari should levy a one-off windfall tax on every Nigerian billionaire and invest that money in infrastructure African News

Buhari should levy a one-off windfall tax on every Nigerian billionaire and invest that money in infrastructure

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...
What should embarrass 200m Nigerians the most if we are discussing the topic of not manufacturing what we consume? African News

What should embarrass 200m Nigerians the most if we are discussing the topic of not manufacturing what we consume?

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...
Taking a look at these 2019 manufacturing output figures from 10 developing nations will tell you what is Nigeria’s primary problem African News

Taking a look at these 2019 manufacturing output figures from 10 developing nations will tell you what is Nigeria’s primary problem

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...
10 things Buhari must do if he wants to avoid a repeat of this volatile uprising in 2021 African News

10 things Buhari must do if he wants to avoid a repeat of this volatile uprising in 2021

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...
Events of the last 48 hours have convinced me that the Nigerian revolution will take place in our lifetime African News

Events of the last 48 hours have convinced me that the Nigerian revolution will take place in our lifetime

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...
10 basic consumer items Nigeria should aim to be self-reliant in manufacturing by the end of 2020 as part of the Covid-19 recovery plan African News

10 basic consumer items Nigeria should aim to be self-reliant in manufacturing by the end of 2020 as part of the Covid-19 recovery plan

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...
 

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