AkinfeAyo's blog

Former CBN governor Emefiele to spend Christmas with his family after meeting bail conditions

FORMER Central Bank of Nigeria (CBN) governor Godwin Emefiele has regained his freedom after he was released from the Kuje Correctional Centre in Abuja following the meeting his of bail conditions.

 

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I would just love it if President Tinubu gathered the APC leaders at his Bourdillon residence in Lagos over the Christmas period and got them to sign this Contract With Nigeria

Ayo Akinfe

[1] By the end of 2024, we will abolish the federal allocation regime compelling all 36 states to generate their own revenue

[2] Before the end of the year, we will have equipped the Nigerian military with the capacity to wipe out Boko Haram and all other terrorist groups operating in the northeast

[3] Get every single cattle herdsman in the country operating from a dedicated and secure animal ranch before the end of 2024

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Aston Villa look to sign Kelechi Iheanacho during forthcoming January transfer window

ENGLISH Premier League giants Aston Villa are looking to sign Super Eagles striker Kelechi Iheanacho from Championship side Leicester City during the forthcoming January transfer window.

 

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I look forward to President Tinubu delivering a New Year's Day speech that sets out a radical agenda which looks something like this

Ayo Akinfe

[1] Nigeria will have an annual budget ratio of $1bn to every 1m citizens. In 2024 for instance, with a population of 200m, our national budget shall not be less than $200bn

[2] Every one of Nigeria’s 36 states shall generate at least twice the amount of its running costs. Any state that fails to do this over two successive quarters shall be dissolved and incorporated into one of its neighbours

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Governor Bago of Niger State drops His Excellency title in exchange for Farmer Governor

GOVERNOR Mohammed Bago of Niger State dropped the title His Excellency and controversially adopted the designation of farmer governor as part of a plan to emphasise the importance his administration pays to agriculture.

 

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NFF publishes provisional list of 40 players as next year's African Cup of Nations looms

NIGERIAN Football Federation (NFF) officials have submitted a provisional 40-man Super Eagles list to the Confederation of African Football (Caf) ahead of next month's African Cup of Nations taking place in Ivory Coast.

 

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Pope Francis lifts the ban on Catholic priests offering blessings to same-sex couples

POPE Francis has formally approved allowing priests to bless same-sex couples in a fundamental shift in the policy of the Catholic Church towards homosexuality and the vexed issue of  lesbian and gay rights.

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If President Tinubu could re-orientate Nigerians and get them to be ashamed of being eternal consumers, I will give him a pass mark

Ayo Akinfe

[1] Looking back at the Covid-19 lockdown, see parallels with World War Two. During that conflict, nations had to step up the production of new industrial goods like armaments. Also, food was scarce and rationing was introduced in many countries

[2] In several countries, food rationing was introduced because consumption exceeded supply. This is basically the problem with Nigeria. We consume more than we produce

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Donald Trump stirs controversy saying Africans and other migrants are poisoning the US

FORMER US president Donald Trump has started a potentially divisive argument at the launch of his presidential campaign in New Hampshire by declaring that that immigrants are poisoning the blood of the country.

 

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Come 2024, President Tinubu has no choice but to come up with an industrial consolidation programme of some sort to augment what Ngozi Okonjo-Iweala did in 2004

Ayo Akinfe

[1] As we all remember, in 2004, the then finance minister Ngozi Okonjo-Iweala introduced a bank consolidation exercise during which the Central Bank of Nigeria (CBN) increased the minimum capital requirement base of banks to N25bn ($70m) from N5bn. This policy was introduced due to the challenges which plagued the banks including low capital bases, liquidity and poor asset quality. As a result, Nigerian banks were consequently forced to merge

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