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Rather than taking out all these loans to meet recurrent costs like salaries, it would make more economic sense for Buhari to approach the World Bank and IMF for cash to fund housing

Ayo Akinfe

[1] Given that there are 200m Nigerians with about 50% of them being 18 and over, we should have a 20-year plan to build 40m housing units over the next 20 years

[2] Of these 40m, the federal government will build at least 5m housing units in Abuja and Lagos each

[3] All 36 state and the 774 local governments must build houses as a matter of law

[4] Each state must build at least 10,000 housing units a year

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Innoson say it sources 60% of its parts locally and manufactures all its carcases in Nigeria

 

NIGERIAN automobile maker the Innoson Vehicle Manufacturing Company has revealed that it has now developed to a stage whereby it uses as much as 60% of locally manufactured components in producing its vehicles.

 

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Kwara State receives $100m World Bank grant to assist its war against coronavirus

 

KWARA State government has received a sum of N100m ($260,282) World Bank to assist it as officials seek to strengthen the management of the health and social apparatus against the coronavirus pandemic.

 

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Nigeria faces prospect of petrol shortages again as Lagos State tanker drivers go on strike

 

PETROLEUM tanker drivers in Lagos State have commenced an indefinite strike today that could lead to significant petrol shortages across the country following the breakdown of negotiations between their union and the government.

 

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Church attendance is low in Lagos as state government permits services for the first time since March

CHURCH services resumed across Lagos State yesterday as the government eased the restrictions imposed in the wake of the coronavirus pandemic with attendance being very poor as worshippers stayed away to avoid infection.

 

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New left back Calvin Bassey makes his Rangers debut as three Nigerians feature in Ibrox victory

NIGERIAN leftback Calvin  Bassey made his competitive debut for Scottish Premiership side Glasgow Rangers over the weekend featuring in the side's 3-0 home victory over St Mirren Ibrox Stadium.

 

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Nigerian Farm Produce Storage and Transportation Bill 2020

Ayo Akinfe

(1) Every single one of Nigeria’s 774 local government areas is compelled by law to complete the construction of at least one farm goods storage facility by the end of 2020. Such facilities must include warehouses and silos

(2) Farmers’ cooperatives will be given tax rebates if they build local on-farm storage facilities and silos in their rural communities

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Former Chelsea fullback Ola Aina may be joining compatriot Osimhen at Napoli

FORMER Chelsea fullback Ola Aina may be on his way to join compatriot Victor Osimhen at Napoli after the club opened up a line of communication with his current club Torino about Taking him to the Stadio San Paolo.

 

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Federal government to create 5m jobs as part of post-coronavirus development plan

 

NIGERIA'S federal government plans to create up to 5m jobs as part of its ambitious post-coronavirus economic redevelopment programme aimed at diversifying the economy and reducing the country's dependence on crude oil.

 

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Rotimi Amaechi's railway masterplan should look something like this

Ayo Akinfe

[1] A rail network will be constructed across the country over the next 20 years linking all 36 states, employing no less than 10m people. This will also involve the manufacturing of carriages, tracks, signal boxes, equipment, etc

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