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Students bemoan waning activism, blame political patronage
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Why More International Firms Prefer Ghana To Nigeria
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Minister of Trade and Investment, Otunba Adeniyi Adebayo and Twitter CEO, Jack Dorsey
By
Sun Apr 18 2021
The recent decision of social media giant, Twitter, to set up its Africa office in Accra, Ghana, has reopened talks on how Nigeria increasingly lose similar opportunity even as more companies relocate to the Ghanian capital. Daily Trust on Sunday reports on the trend and how it can be reversed.
Ghana, and not Nigeria, has become the preferred destination for international firms hoping to invest and set up offices in Africa, findings have revealed.
Few days after micro-blogging site Twitter announced plans to establish its Africa headquarters in Ghana, the German Government said it has chosen the former Gold Coast country as the location for the West African Centre of Global Health.
By Abiodun Eromosele in Lagos and Kuni Tyessi in Abuja
The Chairman of Peugeot Automobile Nigeria (PAN) and former member of the House of Representatives, Hon. Ahmed Wadada Aliyu, yesterday forecasted that Nigeria will import used cars and motorcycles worth N3 trillion in 2021.
He also described the recent tariff reduction on automobiles as a policy somersault from the recommendations of the Automobile Standing Committee set up by the federal government through the Bureau of Public Enterprises (BPE) to examine factors hindering the growth of the automotive sector.
Ahmed, during a media parley on, “The tariff regime for automobile assembly plant in the 2020 Finance Bill,” yesterday in Abuja, also accused the Comptroller-General of Customs, Col. Hameed Ali (rtd), of succumbing to the lobby of vehicle dealers with no matching investments in local vehicle assembly.
The Chief Executive Officer of Chapel Hill Denham and Chief Investment Officer of the Nigeria Infrastructure Debt Fund Mr. Bolaji Balogun, in this interview on ‘The Morning Show’ on Arise Television spoke extensively on the need for increased investments in infrastructure in the country. Nume Ekeghe presents the excerpts:
Can you speak on infrastructure in Nigeria and the investment climate amidst various headwinds like the coronavirus pandemic, oil prices and other sundry issues in the world at large?
I hope that 2021 is the year the leadership of our economy recognise the importance and urgency in this market place and when also our political leaders recognise that they have to be more considerate in terms of the 200 million people who leave in this country and that is where would really like to start. Between last year and this year, we probably added another five million to six million people to Nigeriaâs population and when you think of what we have added in terms of
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