World Bank advises Nigeria to raise excise duty on tobacco and alcohol in bid to raise $1.5bn

NIGERIA has been advised by the World Bank to cash in on its growing tobacco and alcohol markets by generating as much as N600bn ($1.45bn) a year by increasing the excise duties on both products as recommended in a National Development Update report.

 

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British champion Joe Joyce may force a mandatory fight against Anthony Joshua in Nigeria

WORLD heavyweight boxing champion Anthony Joshua may end up defending his title in Nigeria next year against Nigerian-born British boxer Joe Joyce realising his long term goal of fighting on home soil.

 

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10 transformational things I expect Charles Soludo to do if he becomes the next Anambra State governor 


Ayo Akinfe 

[1] Turn Nnewi into another Detroit by attracting every single automobile manufacturer there. All sorts of sweeteners should be offered to woo them 

[2] Build two more River Niger crossings. One should be a railway crossing that ends up in Lagos 

[3] Dredge the River Niger up to Onitsha, turning it into Africa’s largest inland port 

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TotalEnergies plans to invest $6bn in the Nigerian clean energy sector between now and 2030

NIGERIA is to attract $6bn worth of investment in clean energy by 2030 after energy giant TotalEnergies announced that the country would receive 10% of its planned $60bn expenditure in renewables over the next nine years.

 

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Senator Abaribe dismisses threats against Ndigbo saying agitation against injustice will continue

SENATE minority leader Senator Enyinnaya Abaribe has dismissed all those threatening the southeast geo-political zone pointing out that no amount of threats will stop Ndigbo from demanding equitable treatment in Nigeria.

 

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Travel between Nigeria and Dubai remained banned after UAE authorities re-impose ban

PASSENGER journeys between Nigeria and Dubai will remain on hold for now after the government of the United Arab Emirates decided to reverse its earlier decision to lift the travel ban between the two countries.

 

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Former CBN governor Charles Soludo in pole position to govern Anambra after winning Apga primaries

FORMER Central Bank of Nigeria (CBN) governor Professor Charles Soludo is in poll position to become the next Anambra State governor after he clinched the gubernatorial ticket of his party the All Progressives Grand Alliance (Apga).

 

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English Premier League side Brighton join the race to sign Nigerian striker Umar Sadiq

ENGLISH Premier League side Brighton & Hove have joined the race to sign former Nigeria U-23 striker Umar Sadiq ahead of the forthcoming season following his devastating form in the Spanish second division during the last campaign.

 

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Given Nigeria's increasing dependency on the diaspora for foreign exchange, should the government not introduce a special Diaspora Housing Scheme to attract more hard currency?

Ayo Akinfe

[1] Introduce a policy called the Special Diaspora Housing Programme (SDHP)

[2] A pilot project will be initiated in Abuja involving the construction of about 1,000 3-bedroom bungalows

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Governor Zulum warns that Borno may face famine as a result of farmer displacement

GOVERNOR Babagana Zulum of Borno State has warned that a famine is imminent in the state unless later this year unless local farmers who have been displaced by the violence of insurgent groups are allowed to return to their farms.

 

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