AkinfeAyo's blog

Japan and Nigeria sign MoU designed to provide funding for business start-ups and boost diversification

NIGERIA and Japan have signed a memorandum of understanding (MoU) designed to create an enabling environment for business start-ups to boost their innovative ideas and impact the country's economy.

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Would you not just love it if Nigeria's tourism minister came up with radical package that involved Africa’s top 10 island states agreeing to a continental package

Ayo Akinfe

[1] Madagascar

[2] Seychelles

[3] Cape Verde

[4] St Helena

[5] Sao Tome & Principe

[6] Comoros

[7] Mauritius

[8] Reunion

[9] Canary Island

[10] Madeira

This policy should be aimed at attracting about a quarter of the global tourist market. Africa has the wildlife to make this happen, so we should tap into it:

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Council of Ulama chairman defends campaign to have those who change faiths executed

COUNCIL of Ulama national chairman Dr Ibrahim Jalingo has thrown his full weight behind the campaign to have those who change their religious faiths sentenced to death as they are apostates who deserve to die.

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Abuja high court strikes out Nnamdi Kanu's N50bn damages suit against federal government

INDIGENOUS People of Biafra (Ipob) leader Nnamdi Kanu has lost his N50bn ($31.35m) lawsuit against the federal government after an Abuja high court struck out his case for lack of diligent prosecution.

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How about our National Assembly passes a bill mandating all government ministries, departments and agencies to patronise the following 10 firms as part of a tariff fightback

Ayo Akinfe

[1] NNPC

My stance on this has always been clear. Privatise the NNPC with the government holding say a 25% stake in it. Then expand its operations to cover manufacturing, automobile assembly, food processing, petrochemicals, power generation, railway equipment manufacture, etc. Within a year, the NNPC should be floated on the New York and London stock exchanges with a market capitalisation of at least $200bn

[2] Man of God PLC

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Borno governor warns that Boko Haram is on the rise again with increased attacks and kidnapping

GOVERNOR Babagana Zulum of Borno State has expressed fears that terrorist attacks appear to be on the rise again as over recent weeks Boko Haram has stepped up its activities including kidnapping with no response from the security services.

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With President Trump clearly not going to champion the cause of increased US foreign direct investment in Nigeria, I think President Tinubu should switch is attention to the National Black Caucus

Ayo Akinfe

[1] Figures do not lie. If you want to understand Nigeria's problems, just look at the numbers. We have an annual infrastructural deficit of $100bn and an annual budget of about $30bn. Simply put, the Nigerian government needs to find $75bn worth of investment every year

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Nigeria's elite celebrate Zenith Bank boss for being conferred with Freedom of the City of London

DOZENS of prominent Nigerians gathered in London yesterday for a glitzy dinner bash to celebrate the chairman and founder of Zenith Bank Jim Ovia who was honoured with the prestigious award of the Freedom of the City of London.

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Who else would just love it if President Tinubu used the two weeks he is away in France to cobble together an African railway masterplan that would open up new trade routes

Ayo Akinfe

[1] A Yaoundé-Douala-Calabar-Ikom line that will transport Cameroonian cocoa to a processing plant at Ikom in Cross River State

[2] A Lomé-Cotonou-Badagry-Apapa-Warri-Port Harcourt line that will link up West Africa’s coastal ports

[3] An Abuja-Niamey-Ouagadougou-Bamako-Conakry-Dakar line that will open up the Ecowas region to finished Nigerian goods

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Would you not just love it if President Tinubu used his time in France to draft this Paris Declaration and then got his party to adopt it upon his return

Ayo Akinfe

[1] Nigeria will aim for annual double digit economic growth between 2025 and 2035. If we enjoy 10% growth every year for a decade, it will increase Nigeria’s gross domestic product (GDP) to over $1trn, freeing up money for all those social amenities currently beyond the reach of our people

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