Tinubu's UK Visit: Nothing to Gain Except Sumptuous Banquet, Glamorous Reception

Tinubu's UK visit: Nothing to gain except sumptuous banquet, glamorous reception

An economist, Prof. Akpan Ekpo, has criticised the recent Nigeria-UK port deal, saying it offers little benefit to Nigeria while favouring the British economy. Speaking on Arise Television’s Morning Show on Monday, Ekpo argued that the agreement would primarily support the United Kingdom’s industrial and financial sectors, particularly its steel industry and banking system. He said the deal could increase Nigeria’s debt burden, warning that the …

Tinubu’s Ally To Handle N1.4trn Lagos Ports Project

Indications have emerged that ITB Nigeria, a construction firm owned by a Lebanese-Nigerian businessman and President Bola Ahmed Tinubu’s longtime associate, Gilbert Chagoury, will execute the renovation contract of Lagos Tin Can and Apapa Ports. Tinubu had, in January, conferred the Grand Commander of the Order of the Niger (GCON), Nigeria’s second highest honour, on Chagoury “because of his contributions to the country.” Last week, Nigeria and…

Beyond the Red Carpet: The UK State Visit is An Investment in Nigeria’s Future – Wale Edun

As President Bola Ahmed Tinubu and Prime Minister Keir Starmer met at 10 Downing Street to discuss the future of our two countries, I felt a quiet but unmistakable sense of pride. What I witnessed was not the old posture of a junior partner seeking favour. It was two leaders and two teams engaging with clarity, confidence, and purpose. That tone had been set earlier at Windsor Castle, where the President was received by His Majesty King Charles …

Nigerian economist Ekpo, warns Nigeria risks losing out in £746m UK port deal

By Abiodun Folarin WorldStage– A former Vice Chancellor of the University of Uyo, Nigeria, Prof. Akpan Ekpo, has cautioned that Nigeria, Africa most populous economy, may emerge the “big loser” in the £746 million port rehabilitation deal with the United Kingdom.The economist argued that the agreement is structured to primarily benefit British industries while leaving Nigeria with long-term debt obligations. The proposed port upgrade deal is inc…

Economist Akpan Ekpo Explains Why the UK-Nigeria Port Deal Falls...

An economist, Prof Akpan Ekpo, has said that the Nigeria-United Kingdom port deal would not benefit Nigeria, stressing that it would rather leave the country in... #business, #akpanekpo, #uknigeria, #flyingeze

"This Is A Mugu Deal, Nigeria Is Taking Loans To Fund The British Economy" — ADC As Chagoury's ITB Set To Execute £746 Million Lagos Ports Contract

Indications have emerged that ITB Nigeria, a construction firm owned by Lebanese-Nigerian businessman and President Bola Tinubu’s longtime associate Gilbert Chagoury, will execute the renovation contract for the Lagos Tin Can and Apapa Ports under the £746 million financing deal recently sealed between Nigeria and the United Kingdom during the President’s state visit to London. The revelation has triggered a storm of criticism from the oppositio…