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What You Should Know About President Tinubu’s New Special Adviser On Revenue, Zacch Adedeji
What You Should Know About President Tinubu’s New Special Adviser On Revenue, Zacch Adedeji
When Mr. Zacch Adedeji was appointed as the fifth substantive Executive Secretary of the National Sugar Development Council in March 2021 by President Muhammadu Buhari, stakeholders in the sugar sector hailed the appointment as one that would redefine the growth and development of the sugar industry.
He assumed leadership of the Council with a proven track record of over 15 years of hands-on executive experience (+16 years qualified chartered accountant) in strategy, accounting and financial management, financial analysis/reporting, internal controls, change management, and people management.
Before his appointment as the Sugar Council boss, Adedeji had demonstrated capacity for service delivery when he worked as one of the youngest Commissioners in Nigeria.
In 2011, barely seven months after his 33rd birthday, he was appointed Commissioner for Finance in Oyo State, becoming the youngest person to have occupied such a position. This was after he had attained a managerial position a few years after working diligently with an American multinational company-Procter and Gamble, (P & G). Until date, he is one of the most sought after in the state and beyond.
He is a First-Class graduate of Management and Accounting from the prestigious Obafemi Awolowo University, Ile-Ife and later bagged a Master of Science degree in Accounting from the same university. He is currently a doctoral student at the same university. His insatiable quest for knowledge took him to the famous Harvard Kennedy School of Government in the United States of America for an Executive Course in Economic Development.
Mr. Adedeji’s long sojourn in the private sector and a four-year stint as the Commissioner for Finance in Oyo State between 2011-2015 with unbeatable and unassailable performance records and achievements, have, undoubtedly, prepared him for the onerous task of providing the needed leadership in Nigeria’s drive to attain self-sufficiency in sugar production through the faithful implementation of the Nigeria Sugar Master Plan (NSMP).
He held a number of senior management positions while working at the Procter & Gamble Company (P&G), a renowned American multinational consumer goods corporation headquartered in Cincinnati, Ohio, United States of America with branches across several countries. He was General Accounting and Stewardship Manager between January 2004 to May 2006, where he led a cross-functional team to prepare and report financial statements regionally and globally through a consolidated data entry tool.
Mr. Adedeji’s culture of hard work and knack for professional excellence earned him a higher position at the P&G with his elevation as the Finance Leader-SAP (Systems Applications and Products) Implementation Project. He spearheaded the day-to-day evaluation and implementation of SAP Modules and also led a 15-person finance team to develop the internal processes for the roll-out of SAP West Africa in line with the projects prerequisites.
He later rose to the position of Corporate Finance Manager (West Africa) overseeing Treasury, Corporate/Affiliate Accounting, AP tax at the Procter and Gamble between August 2007 and May 2011.
While in the saddle as the Commissioner for Finance in Oyo State, he introduced a number of brilliant, forward-thinking, revenue-boosting and cost-saving reforms that pushed up the Internally Generated Revenue (IGR) of the state, plugged financial leakages, introduced the best financial practices and general financial turnaround among other innovations. Mr. Adedeji, a Fellow of Chartered Accountant (FCA), is also a member of the Institute of Chartered Accountants of Nigeria (ICAN) and member, Chartered Institute of Taxation of Nigeria (CITN).
Immediately he took over at NSDC, Zacch hit the ground running with a series of programmes to reposition the sugar sector as encapsulated in the Nigerian Sugar Master plan.
In driving the growth and development of the sector, he has within a space of 26 months implemented a series of programmes that have attracted huge investments into the sugar industry and positioned the sector as an avenue for job creation and poverty reduction.
In an interview, he described his over two-year journey at the NSDC as memorable, tasking and very rewarding.
Adedeji said, “The sugar sector is undoubtedly a very crucial sector to the Nigerian economy, especially in line with the economic diversification agenda of the President Muhammadu Buhari led Federal Government. More than anything else, we at the Council are ready and have put in place all the necessary policies, measures, programmes and strategies to maximally harness all the potentials in the sector in the overall interest of our dear country.
“So, the journey has been an eye-opening experience, particularly for me and members of my Management Team. We are determined to achieve our mandate as an agency of government, which is to regulate and develop the sugar sector for national prosperity.
“I inherited an organization that is both forward-thinking and very determined in the pursuit of its defined mandate and corporate objectives. I’m lucky to meet members of staff who are so dedicated, disciplined and committed to work, thereby making the whole environment friendlier and livelier than I thought.”
The Oyo State Government has directed officials of the Ministry of Lands and Urban Development to halt the marking and demolition of houses situated beyond the 150-metre setback along the Senator Rashidi Ladoja Circular Road.
The decision comes as part of ongoing efforts to address the Oyo Govt Halts Demolition Beyond 150metres Along Ladoja Ibadan Circular Road of affected residents, while an enumeration of properties within the corridor is being conducted to ensure adequate compensation.
This was disclosed by the Commissioner for Lands, Housing, and Urban Development, Mr. Williams Akin-Funmilayo, during a joint press briefing on Friday with the Commissioner for Public Works and Transport, Professor Dahud Kehinde Shangodoyin, at the Ministry’s Secretariat in Agodi, Ibadan.
Akin-Funmilayo emphasised that Governor ‘Seyi Makinde’s administration remains committed to prioritising the welfare of its citizens, denying claims that the governor had extended the setback from 150 metres to 500 metres.
He clarified that no new land acquisitions had been made in the Circular Road corridor since Governor Makinde assumed office in 2019.
He explained that the 150-metre setback on both sides of the road was initially acquired in August 2006 during the administration of Senator Rashidi Ladoja. An additional 350 metres on both sides was acquired and gazetted by the late Governor Abiola Ajimobi in 2018.
“The governor has not acquired a single square metre of land along the Circular Road since 2019,” Akin-Funmilayo stated. “We are simply continuing with what was met on the ground, and we are developing the 150-metre segment for construction.”
He reassured residents that properties within the 150-metre boundary will be preserved, including housing settlements and villages, with no immediate plans for total clearance.
The commissioner also stressed that the current markings of buildings are for enumeration purposes, to assess affected properties for compensation and to prevent further unauthorised construction within the acquired land.
“Our focus now is on stopping new developments and determining the existing structures,” he explained. “The markings do not necessarily indicate demolition; they are part of the process to freeze further development and ensure proper compensation is made to those affected.”
The government, he added, has already started compensating residents whose properties are impacted by the project.
Akin-Funmilayo also instructed that no buildings beyond the 150-metre boundary should be marked or demolished at this time.
“We are taking every step to minimise the impact of the road construction on residents,” he said. “While some buildings will have to go, compensation will be paid fairly, and we are also exploring the option of providing alternate land to those affected.”
Prince Niyi Fasoye, speaking on behalf of the affected residents, expressed hope for more favourable responses from the government as the enumeration and compensation processes unfold.
The government has urged residents to support its efforts, assuring them that the project is being carried out in the public interest and not for personal gain.
The first phase of the Abuja Rail Mass Transit has transported over 250,000 passengers in just over 100 days since it began commercial operations.
This was revealed by John Zhao, an official of the China Civil Engineering and Construction Company (CCECC), which constructed and operates the rail system.
Zhao shared the update on his X handle on Friday.
According to Zhao, the rail network, consisting of two lines, covers a total length of 45 kilometers, with 12 stations across the city.
The trains have been operating safely, reaching a maximum speed of 100km/h, since commercial operations began on May 29, 2024, following its commissioning by President Bola Tinubu.
The rail lines connect the Abuja city center, the Nnamdi Azikiwe International Airport, and the Kubwa satellite town.
Zhao highlighted the impact of the rail system on traffic in the city, stating, “The Phase 1 of the Abuja Rail Mass Transit by #CCECC has been operating safely for over 100 days! Consisting of 2 lines with a total length of 45 km and 12 stations, the maximum operating speed of the trains can reach 100km/h. It connects Abuja city center, the international airport, and Kubwa satellite town. During its operation, over 250,000 passengers have already been served, significantly reducing traffic congestion in the capital.”
Popularly known as the Abuja Metro Rail, the service has provided a vital link for commuters, easing the burden on the city’s road network.
Also, President Tinubu recently approved the extension of free rides on the rail system for another six months, until the end of 2024. This follows an earlier announcement by FCT Minister Nyesom Wike, offering commuters two months of free rides.
Canada has announced an immediate end to the policy allowing holders of visitor visas to apply for work permits from within the country.
The Immigration, Refugees and Citizenship Canada (IRCC) disclosed this in a statement on Wednesday, highlighting the move as part of broader efforts to manage the number of temporary residents and maintain the integrity of the immigration system.
The statement noted that while the temporary policy was originally set to expire on February 28, 2025, the decision to terminate it was accelerated due to concerns over misuse.
“IRCC is also aware that some bad actors were using the policy to mislead foreign nationals into working in Canada without authorization,” the statement read.
The IRCC further assured that applications submitted before August 28, 2024, under the policy, will still be processed.
The policy was initially introduced in August 2020 as a response to the COVID-19 pandemic, aimed at assisting visitors who were unable to return home due to border closures.
It permitted them to apply for a work permit without needing to exit Canada. Additionally, it enabled those who had held a work permit within the previous 12 months but had switched to visitor status to legally work in Canada while awaiting a decision on their new work permit application.
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