How about Nigeria adopted a 500 day plan to convert her from a consumerist parasitic economy dependent on one primary commodity into one that manufactures goods

Ayo Akinfe

[1] Over the next 90 days, the president traverses the globe wooing international investors

[2] Assurances are sought and got guaranteeing foreign direct investment to the tune of $100bn a year

[3] Legislation is passed dismantling the federal allocation formula. Nigeria’s 36 state governors are thus compelled to generate their own wealth

[4] An agreement is reached with a company like Tata Steel to get the Ajaokuta, Aladja and Oshogbo mills up and running. Nigeria must produce at least 30m tonnes a year

[5] Major automobile manufacturers like Toyota, Nissan, General Motors, Ford, Chrysler, Volkswagen, Peugeot, Tesla, Citroen, Fiat, etc, are given 99 year land leases to open electric car assembly plants across Nigeria

[6] Global energy companies will be given 10 year tax holidays to enable them invest and increase Nigeria’s electricity supply from the current 7,000MW to 50,000MW within the next 500 days

[7] A 850km wind farm will be built across Nigeria’s coastline stretching from Badagry to Calabar. It will generate 20,000MW of clean electricity

[8] All of Nigeria’s 774 local government areas will be linked by a national railway network with a Lagos to Abuja high speed link being the centrepiece of this

[9] Lagos State will get an underground railway network to augment its overground train network. Authorities like London Underground will be invited to replicate what exists elsewhere in Lagos

[10] Every state government will commit to opening at least five technical colleges within its domain

ayoakinfe@gmail.com