Taking a look at these 2019 manufacturing output figures from 10 developing nations will tell you what is Nigeria’s primary problem

Ayo Akinfe

(1) South Korea - $416.9bn
(2) India - $394.54bn
(3) Indonesia - $220.5bn
(4) Mexico - $217.85bn
(5) Brazil - $173.68bn
(6) Turkey - $143bn
(7) Australia - $78.66bn
(8) Malaysia - $78.28bn
(9) Vietnam - $43.17bn
(10) Nigeria - $38.32bn

As you can see, I have not looked at any Western industrialised nation. I have looked at our contemporaries and Nigeria’s basic problem is the fact that she is not productive enough.

Share

Governor Abdulrazaq of Kwara State picks up award for unprecedented gender inclusion

GOVERNOR Abdulraham Abdulrazaq of Kwara State has received a United Nations (UN) backed HeforShe award for his cabinet appointments that have been adjudged to have mainstreamed gender inclusion in the state’s political structure.

 

Share

House of Reps passes motion opposing Buhari's decision to sack NDE director-general

HOUSE of Representatives members are poised for a showdown with the presidency after they adopted a motion today calling on President Muhammadu Buhari to immediately reinstate the National Directorate of Employment (NDE) director-general Nasir Argungu.

 

Share

World Bank offers Nigeria fresh $1.5bn loan to ameliorate the effects of the coronavirus slump

 

WORLD Bank officials have approved another $1.5bn loan for Nigeria as part of a fresh plan to help the country recover from the debilitating effects of the coronavirus pandemic which has hit the Nigerian economy hard.

 

Share

Chief Justice Tanko Mohammed flown to Dubai for treatment after contracting coronavirus

NIGERIA'S Chief Justice Tanko Muhammad has been flown to Dubai for emergency treatment after suddenly contracting coronavirus in what appears to indicate that he may be suffering from other ailments.

 

Share

Boko Haram said it abducted Katsina pupils because they were being given un-Islamic education

 

ISLAMIC terrorist sect Boko Haram has revealed that it carried out the recent kidnapping of about 300 schoolboys in Katsina State last week saying it did so to prevent the spread of Western education across northern Nigeria.

 

Share

News of vaccine availability and Saudi oil tanker explosion combine to rally crude prices over $50

NIGERIA has been given a brief economic lifeline after crude oil prices recently rallied to over $50 a barrel due to a combination of news that a coronavirus vaccine will be soon be available and a tanker explosion in Saudi Arabia which created supply worries.

 

Share

Lagos State government announces ambitious plans to expand seafood and fish production

 

GOVERNOR Babajide Sanwoolu has announced plans to establish the Lagos Aquaculture Centre of Excellence (Lace) as part of an ambitious plan to expand fish production in the state and create thousands of jobs.

 

Share

Up to 20 states back federal government's social housing scheme to build 300,000 affordable homes

 

AS many as 20 of Nigeria's 36 states have expressed a willingness to participate in the federal government's Economic Sustainability Plan (ESP) housing scheme that will involve the construction of 300,000 houses and selling them to buyers for N2m each.

 

Share

Pages

Subscribe to Ayo Akinfe | Bookshop RSS