AkinfeAyo's blog

Meghan writes thank you letters to Nigerian dignitaries who hosted them promising to return

DUCHESS of Sussex Meghan of Markle has written thank you letters to several of the Nigerian dignitaries who treated her and her husband Prince Harry during their recent trip to Nigeria promising to return to the country in the future.

 

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After 12 calendar months in office, President Tinubu needs to take stock and decide on what next. If you ask me, he should make steel the centrepiece of his economic programme as it is what will spur industrialisation

Ayo Akinfe

[1] Set Nigeria an annual target of producing 35m tonnes of steel. This will match Brazilian output and put us on the same trajectory as sister developing nations like Mexico, Iran, Taiwan, South Korea and Vietnam

[2] Announce a radical scrap metal collection programme. This will involve using all the money collected from corrupt officials to buy scrap metal. Maybe call it the Industrial Trader Metal Money Programme

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As our National Assembly appears keen to go back to the past and re-invent Nigeria, sometimes returning to the drawing board, maybe they should consider doing these 10 things too

[1] Pass a bill to bring back the 1958 Lancaster House Agreement under which the federating units will control all the resources within their domain, remitting 50% to the centre

[2] Pass a bill compelling our states to meet their own running cost at the very minimum. In 1959 for instance, the Balewa government passed a federal budget of £50m but the Awolowo government in the old Western Region passed a budget of £55m

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If you ask me, the Tinubu administration is right to use taxation as a major source of revenue. Nigerians are among the most under-taxed people on earth, so I would introduce these new levies which would among other things combat inflation

Ayo Akinfe

[1] I would set an income tax revenue target of $50bn by 2030

[2] I would forward proposals to the National Assembly introducing a regime whereby no public official will receive more than four times the national minimum wage

[3] I would peg the salaries of the president, governors, senators, ministers, commissioners, members of the House of Representatives, state assembly members, etc to grades in the Nigerian civil service

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Zamfara pays hajj pilgrims $100 each after currency movements devalue their travel allowance

ZAMFARA State is paying each of the 1,718 pilgrims going on pilgrimage to Saudi Arabia this year a sum of $100 to augment their basic travel allowances (BTA) after currency fluctuations eroded the amounts paid them by the federal government's hajj commission.

 

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As President Tinubu celebrates one year in office, here are 10 things he has to do over the next 12 months to reduce Nigerian production costs

Ayo Akinfe

[1] Unveil a nationwide rail haulage network. You cannot run a modern economy moving all your goods by road. Trailers are also very accident-prone

[2] Peg lending rates for industrial purposes at 5% maximum

[3] Create a special industrial wing of the EFCC to combat corruption in business and industry

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NFF to step up pursuit of Michael Olise after France leave him out of their Euro 2024 squad

NIGERIAN Football Federation (NFF) football officials have announced plans to step up talks with Crystal Palace playmaker Michael Olise in a desperate bid to get him to play for the Super eagles following his omission from France's Euro 2024 squad.

 

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Once more our rainy season is upon us in Nigeria with the usual expected woes. Surely the Tinubu administration has got to end this once and for all with a robust national anti-flooding plan

Ayo Akinfe

[1] It is the rainy season in Nigeria again and as ever, we are once more subjected to annual flooding. Can we just put things into perspective, it is not as if we suffer from Monsoon storms or La Niña, it is just that there is no drainage to carry away excess water. Our villages, towns and cities only get something like a 20% increase in water during the rainy season

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Finidi calls up 23 for World Cup qualifiers with few surprises except for the dropping of Uzoho

SUPER Eagles head coach Finidi George has invited 23 players to camp for the forthcoming World Cup qualifiers against South Africa and Benin Republic taking place next month with the only major shock being the dropping of veteran goalkeeper Francis Uzoho.

 

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