Blogs

Ayo Akinfe

[1] First of all, no nation can prosper without peace. With all these kidnappings, armed robberies, communal attacks, acts of banditry, etc, Nigeria will always scare some investors away

[2] I do not think we realise how badly we need foreign direct investment (FDI) in Nigeria but by my calculations, we need to attract about $100bn annually

PRESIDENT Bola Tinubu has once again left Nigeria for a two week European vacation prompting speculation that he has gone to France for another medical check-up with his doctors for an undisclosed ailment.

Ayo Akinfe

[1] Transformers

[2] Generators

[3] Turbines

[4] Windmills

[5] Electric cables

[6] Solar panels

[7] Electricity meters

[8] Ancilliary equipment like fuses, valves, electricity keys, etc

[9] Circuit breakers that enable the substation to be disconnected from the transmission grid

[10] The busbar that can split the distribution power off in multiple directions

Solving our problems:

SUPER Eagles left fullback Zaidu Sanusi could be on his way to England next season as Leeds United are looking to purchase him as a replacement for Dominican Junior Firpo as the club gets set for a return to the English Premier League.

Ayo Akinfe

[1] As things stand, Nigeria produces next to nothing and is arguably the most parasitic economy in the world

FOUR Nigerian businessmen led by the continent's richest man Alhaji Aliko Dangote have been named in the 2025 Africa’s Billionaires List compiled  and published by Forbes magazine over the weekend.

Ayo Akinfe

[1] Cocoa - We need to boost our annual harvest to 1m tonnes from the current 330,000 tonnes

[2] Rice - We need to boost our national harvest to 10m tonnes from the current 4m tonnes

[3] Sugarcane - We need a 10m tonne crop, up from the current 38,000 tonnes

[4] Palm oil - We need to boost output to 20m tonnes from the current 1m tonnes

[5] Wheat - We desperately need to boost production to about 10m tonnes from the current 60,000 tonnes

Ayo Akinfe

[1] As from 2027, Nigerian political parties must make sure that at least one third of all their candidates are female

[2] As from 2027, at least one third of all political appointees must be female. Any state cabinet that fails to meet this requirement will not be recognised and have its federal allocation withheld

[3] All girls in secondary school and tertiary institutions will be provided with free sanitary towels every month

Ayo Akinfe

[1] We do not need loans or grants but proper foreign direct investment (FDI) to build up our industrial capacity

[2] Nigeria needs at least $100bn of FDI annually. International development agencies must agree to press industrialised countries to offer tax rebates to their private companies that invest in Nigeria

[3] We need a commitment from global energy companies to invest in our electricity sector and boost output to at least 50,000MW by 2030

NIGERIAN billionaire Tony Elumelu has been appointed to the International Monetary Fund (IMF) advisory council on entrepreneurship and growth with a mandate to boost prosperity across Africa.