Blogs

Ayo Akinfe

[1] We have all gone over the realities of the current economic climate. Nigeria and most other African countries are staring into the abyss. Our reality is that the prices and exports of our primary commodities have collapsed and as we manufacture very little, we are looking at huge debts and massive balance of trade deficits

TRADITIONAL cultural displays will once again be the centrepiece of this year's Central Association of Nigerians in the UK (Canuk) gala dinner as due to popular demand the organisers have opted to entertain guests with a rich array of African culture.

STAND-IN Super Eagles coach Augustine Eguavoen has reacted to the team's recent defeat by Rwanda in an African Cup of Nations qualifier by stating that Glasgow Rangers striker Cyriel Dessers night be invited for future matches to give the team more bite.

Ayo Akinfe

Here are 10 products I would like to see patented in Nigeria during the course of 2025:

[1] Air conditioned bus stop booth

[2] A pepper grinding and corn milling machine

[3] A cocoa shelling machine

[4] A double decker molue that can rival Volvo buses in terms of quality

[5] Double decker railway carriages

[6] An egusi shelling machine

[7] A machine that removes maize from the cob

ABOUT five men were shot dead in Anambra Central Senatorial Zone this morning by gunmen believed to be enforcing the Indigenous People of Biafra's (Ipob) sit-at-home order sparking a massive manhunt for the perpetuators.

NIGERIA'S external debt is set to rise to as much as $45.1bn by the end of this year as the federal government is planning to borrow more money to fund its annual budget due to the lack of growth in the economy.

Ayo Akinfe

[1] India’s population has overtaken that of China. They now have 1.428bn people to China’s 1.425bn. However, India have not been caught napping

[2] India prepared for this moment by building industrial cities, wooing blue chip companies in their hundreds and getting 10% annual gross domestic product (GDP) growth rates

[3] By 2050, Nigeria is going to become the world’s fourth most populous nation behind India, China and the US. Are we prepared for it?

Ayo Akinfe

[1] Nigeria is the open defecation capital of the world, as one in four citizens, representing about 47m people across the country relieve themselves out in the open according to the World Health Organisation

[2] Nigeria needs about$2.7bn to end open defecation by 2025. Of that, the government is expected to provide around 25%. I say turn this into an electricity investment programme

Ayo Akinfe

[1] Who will build the world's largest cocoa plantation in Owena. Nigeria is currently the world's sixth largest cocoa producer with an output of about 245,000 tonnes and Ondo State is the largest producer in Nigeria. This Owena plantation should have an output of about 10,000 tonnes with the potential to rise to 50,000 tonnes

ANY hopes of Nigeria's chronic inflationary crisis easing appear to have been dashed after a recent consumer product index report released by the National Bureau of Statistics (NBS) showed a 1.18% monthly increase with inflation now standing at 33.88%.

According to the NBS, for the month of October, inflation rose from 32.70% in September. On a year-on-year basis, the headline inflation rate was 6.55% points higher than the rate recorded in October 2023 which was 27.33%.