In today’s edition of Making Nigeria Better, we look at the economic potential of Anambra State. This is a state with the most millionaires in Nigeria, so should never have a problem attracting investors to exploit its potential

Ayo Akinfe

[1] By now, Nnewi should have been turned into the Detroit of Africa with every automobile manufacturer on the planet attracted to the city. Ever car company on earth should have a local manufacturing plant in Nnewi

[2] Were things well run, as of today, Anambra State should be generating at least $100bn internally. It should have long withdrawn from the shameful federal allocation money sharing regime, becoming the first Nigerian state to do so

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Foreign ministry claims as many as 200 Chinese firms are interested in investing in Nigeria

AS many as 200 Chinese companies have expressed an interest in investing in Nigeria according to foreign minister Ambassador Yusuf Tuggar who believes that the economy provides good returns on investment that appeals to investors.

 

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Spurs emerge as favourites to sign Nigeria-eligible fullback Michael Kayode from Fiorentina

ENGLISH Premier League giants Tottenham Hotspurs have emerged as the favourites to sign Nigeria-eligible right fullback Michael Kayode over the coming weeks as the race to sign the Fiorentina teenager heats up now that the transfer window is open.

 

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Three presidential aircraft put on sale to pay for two new ones for Tinubu and Shettima

NIGERIA'S federal government has put three of the aircraft in the presidential fleet up for sale as part of a plan to cut the excessive spending on maintenance that is a huge drain on scarce government revenue.

 

Despite Nigeria's current economic crisis, she has a huge presidential fleet made up of airplanes and four helicopters and selling off the three aircraft would half the number of jets it has.

 

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As part of our Make Nigeria Better series, let us look at the economic potential of Kogi State and see how it could become one of Nigeria’s cash cows

Ayo Akinfe

[1] Kogi is one of the least developed states in Nigeria in terms of infrastructure. It lacks basic roads, rural areas are inaccessible during the rainy season and it struggles to attract private sector employers

[2] Despite being home to the historic confluence of the rivers Niger and Benue, Kogi State is shamelessly more or less wholly dependent on federal allocation handouts for its survival

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Michael Olise agrees five year deal with Bayern Munich as Nigeria still hopes to get him

NIGERIA-eligible playmaker Michael Olise has entered into a €60m (£50.7m) agreement with German Bundesliga giants Bayern Munich that will see him contracted to the Allianz Arena side until 2029.

 

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For Nigeria to work, we need to get the country’s 36 states functioning. Let us kickstart this process by looking at the economic potential of Cross River State

Ayo Akinfe

[1] Cross River is Nigeria’s second largest cocoa producing state with an annual crop of about 80,000 tonnes. It also has the advantage of bordering Cameroon which has an annual crop of 180,000 tonnes. Calabar should be a major chocolate processing centre with the likes of Mars, Cadbury and Nestle all owning processing plants there

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Nigerian-Americans seeking to bring their spouses into the country suffer major setback

NIGERIAN-Americans intending on bringing their partners into the country may have suffered a significant setback yesterday after the US Supreme Court ruled against the constitutional rights of US citizens to sue over visa denial for their foreign spouses.

 

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As President Tinubu returns to face domestic problems like insecurity, inflation, the minimum wage dilemma, power shortages and infrastructural inadequacies, I hope he realises no nation can be secure unless it manufacturers its own defence equipment

Ayo Akinfe

[1] I hope that President Tinubu has making Nigeria self-reliant when it comes to defence equipment one of his cardinal programmes. There is no way any other nation will be able to manufacture the equipment we want, in the quantities we want, at the time we want it and at the price we can afford

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Nigeria's foreign reserve increase by 5% to $33.58bn according to latest CBN report

NIGERIA'S foreign exchange reserves have increased by 5% to $33.58bn over the last two months giving the economy a bit of a mini boost and allowing the Central Bank of Nigeria (CBN) slight room for manoeuvre.

 

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