News
‘Export ideas, not raw materials’ – NRS Boss, Adedeji tells Nigeria
The Chairman of the Nigeria Revenue Service (NRS), Dr. Zacch Adedeji, has urged Nigeria to urgently move away from its heavy dependence on raw material exports and embrace an innovation-driven, export-led economic model capable of delivering sustainable growth and shared prosperity.
Adedeji made the call on Thursday while delivering the maiden Distinguished Personality Lecture of the Faculty of Administration at the Obafemi Awolowo University (OAU), Ile-Ife, Osun State.
Speaking on the theme, From Potential to Prosperity: Export-led Economy, the NRS chairman said Nigeria must redefine its growth strategy by focusing on ideas, innovation and the production of complex goods rather than exporting primary commodities.
He lamented that despite its enormous potential, Nigeria operates a distorted economic structure, combining a high-tech oil sector with a vast, low-productivity informal economy, without a strong industrial base capable of absorbing labour and driving productivity.
According to him, Nigeria’s export performance stagnated for nearly three decades, between 1998 and 2023, with the country adding only six new products to its export basket between 2008 and 2023.
Adedeji noted that global assessments, including the Harvard Atlas, indicate that Nigeria currently has limited opportunities to diversify exports using existing productive capabilities.
He called for lessons from countries that successfully transformed their economies, including Vietnam, Bangladesh, Indonesia, South Africa and Brazil, stressing that long-term success is tied to deliberate strategies that build economic complexity.
“Vietnam used global trade to build a resilient and complex economy by integrating into Global Value Chains. It positioned itself as an assembly hub for electronics, importing components and exporting finished products,” he said.
Adedeji explained that the strategy enabled Vietnam to acquire technology and management expertise while strengthening domestic industrial capacity.
He contrasted this with Nigeria’s continued role as a supplier of raw materials, warning that over-reliance on resource extraction weakens incentives to invest in industrial development and innovation.
The NRS chief added that examples from South Africa and Brazil show that industrial capabilities can be lost when countries fail to sustain deliberate diversification efforts.
“For Nigeria, the warning is clear. Relying solely on natural resources is not just a recipe for stagnation but a pathway to regression in a global economy that increasingly rewards knowledge, innovation and complexity,” Adedeji said.
He commended President Bola Tinubu for initiating difficult but necessary economic reforms aimed at rebuilding productive capacity and strengthening the foundations for innovation-led growth.
According to him, with the right policies, discipline and resolve, Nigeria can transition from unrealised potential to lasting prosperity.
The Kano State House of Assembly has initiated impeachment proceedings against Deputy Governor Aminu Abdussalam Gwarzo over allegations of gross misconduct, abuse of office, and breach of public trust.
The notice was presented yesterday during plenary by the Majority Leader, Lawan Hussaini Dala, who said the action follows Section 188 of the 1999 Constitution of the Federal Republic of Nigeria.
Dala said the allegations stem from Abdussalam’s tenure as Commissioner for Local Government (2023–2024) and his current role as deputy governor. He accused the deputy governor of diverting funds meant for the 44 local government councils.
According to the majority leader, Abdussalam allegedly received N1.5 million monthly from each council between June 2023 and January 2024, totaling N462 million. Between February and July 2024, he allegedly collected N3.255 million monthly from each council under the guise of special assignments, amounting to N726 million.
Dala also accused the deputy governor of abuse of office, claiming he facilitated payments of N10 million from each council to NovoMed Pharmaceuticals Limited, totaling N440 million, in violation of state procurement laws.
“The misuse of official capacity to confer undue advantage constitutes abuse of power and undermines public trust,” Dala told lawmakers, adding that the allegations amount to gross misconduct under the Constitution.
The impeachment notice was reportedly endorsed by 38 lawmakers, meeting the constitutional threshold to proceed. The Speaker has acknowledged receipt, and the House is expected to serve the allegations on the deputy governor.
If approved, a panel may be constituted by the state Chief Judge to investigate the claims.
As of filing, Abdussalam had yet to respond publicly to the allegations.
The Inspector-General of Police, Tunji Disu, on Wednesday inaugurated a seven-member committee on the establishment of state police, giving it four weeks to submit its report.
The inauguration was held during his maiden conference with senior police officers at the Peacekeeping Conference Centre, Force Headquarters, Abuja.
Charging members of the panel to discharge their duties with professionalism and objectivity, Disu described the assignment as “both significant and timely,” noting that it would shape the framework through which state policing may operate in Nigeria.
“In carrying out this assignment, your deliberations must be guided by professionalism, objectivity, and a clear appreciation of the unique complexities of policing a diverse nation such as our own,” the IGP said.
He stated that if properly designed and effectively implemented, state policing holds significant potential benefits for the country.
“By bringing law enforcement closer to communities, state police institutions can deepen local knowledge of security dynamics and enable quicker and more targeted responses to emerging threats,” he added.
The committee is expected to review existing policing models within and outside Nigeria, assess community security needs and emerging risks, and propose an operational framework for the establishment and coordination of state police structures.
It will also address issues relating to recruitment, training, standards and resource allocation, as well as develop accountability and oversight mechanisms to ensure professionalism and public trust.
The panel is chaired by Olu Ogunsakin, with Bode Ojajuni as secretary. Other members are Emmanuel Ojukwu, Okebechi Agora, Suleyman Gulma, Ikechukwu Okafor and Tolulope Ipinmisho.
Disu said the committee had about four weeks to conclude its assignment and submit a comprehensive report.
The move marks one of the first major steps taken by the new police chief since his appointment and confirmation a few days ago.
The development comes amid rising security concerns across the country, with several stakeholders advocating state policing as part of measures to tackle insecurity.
President Bola Tinubu had earlier asked the National Assembly to commence the process of amending relevant laws to pave the way for the creation of state police.
President Bola Tinubu on Wednesday swore in Olatunji Disu as the Inspector-General of Police (IGP).
Disu took the oath of office at the Council Chamber of the Presidential Villa, Abuja, shortly before the commencement of the Federal Executive Council (FEC) meeting.
The President also administered the oath of office to six commissioners of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) and two commissioners of the Federal Civil Service Commission (FCSC).
The ceremonies were witnessed by ministers, senior government officials and family members of the appointees.
The council meeting began shortly after the swearing-in.
In attendance were Vice President Kashim Shettima; the Secretary to the Government of the Federation, Senator George Akume; the Chief of Staff to the President, Femi Gbajabiamila; the National Security Adviser (NSA), Nuhu Ribadu; and the Head of the Civil Service of the Federation, Mrs EsthMrs.Walson-Jack.
Disu was appointed acting IGP on February 25, 2026, by President Tinubu, following the resignation of former IGP Kayode Egbetokun.
His appointment was subsequently endorsed by the Nigeria Police Council (NPC).
The former Assistant Inspector-General of Police assumed office last Wednesday.
He previously served as Assistant Inspector-General in charge of the Force Criminal Investigation Department (FCID) Annex, Alagbon, Lagos, after his promotion to the rank last year.
A former head of the Lagos Rapid Response Squad (RRS), Disu has pledged to deliver accountable, modern and professional policing.
-
Politics3 days agoIbarapa East Assembly Hopeful, Ramon Congratulates Ajiboye, Says Emergence Good for Oyo APC
-
Politics7 days agoMakinde: My Successor Must Be Loyal to Oyo, Not Me
-
Politics3 days ago2027: Former Oyo Deputy Governor Adeyemo Emerges APC Chairman (See Full List)
-
Politics7 days agoFintiri Dumps PDP for APC, Moves with Cabinet, 14 Adamawa Lawmakers