Opinion
Tax Revenue as Nigeria’s New ‘Crude oil’
Published
1 year agoon
Prior to Nigeria’s Independence in 1960, agriculture was the mainstay of its economy, even as reflected in the economic activities of the regions there were in the country at that time. Famous stories of the First Republic chronicled how the defunct regions were reliant on revenues from the groundnut pyramids in the north, the cocoa export receipts from the defunct west and the rubber as well as palm oil proceeds from the east.
With the discovery of crude oil in commercial quantities, beginning from Oloibiri in the present-day Bayelsa State in 1956, agriculture, over time, became supplanted by black gold in terms of contributions to the national revenue pool. Not only did crude oil receipts ride the wave as far as the total collectable revenue was concerned, but the Nigerian National Petroleum Corporation (NNPC) became the cornerstone entity for the three tiers of government to look up to for salvation in terms of their fiscal projections.
However, those days when the federal, state and local government councils wait zealously for revenue figures from NNPC have not only receded into the past but appear to have gone for good. At the monthly meeting of the Federation Account Allocation Committee (FAAC), focus has shifted to the Federal Inland Revenue Service (FIRS), the goose that is laying the golden egg for the fiscal stability and wellbeing of the federation.
For those who may not know, the ‘cake’ shared monthly by the Federation is baked by four major entities: NNPC, FIRS, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), formerly known as Department of Petroleum Resources (DPR) and the Nigeria Custom Service (NCS).
Of the body of ‘bakers,’ FIRS under Zacch Adedeji has emerged as the cream of the crop, singlehandedly and aggregately accounting for close to 70 percent of the total revenues collected and shared by the three tiers of government at FAAC meetings in 2024.
Out of N2.068 trillion that accrued to the Federation Accounts in January 2024, tax collected by FIRS accounted for more than 50 percent, with the agency’s contribution totalling N1.275 trillion. The other three revenue-remitting bodies jointly raked in the balance. While oil receipts from NNPC brought N115billion, NUPRC grossed N469.8billion, just as the Nigeria Custom Service remitted N207 billion.
The contribution of FIRS to the pool grew in February by N300 billion from what it brought to the account in January. From the N2.3 trillion that accumulated into the account, takings by FIRS amounted to N1.491 trillion, a collection figure that was more than 50 percent of the total revenue for the month. In fact, NNPC’s contribution to the pool was just N92 billion. NUPRC and NCS contributed N487 billion and N254 billion, respectively.
In March, FIRS contributed N1.061 trillion out of N1.867 trillion in the pool and in April, the Federation Account got N1.187 trillion from FIRS out of the N2.192 trillion revenue accrual. For May, out of the N2.324 trillion shared by the three tiers of government, FIRS alone contributed N1.571 trillion.
The last month in the first half of 2024 finished on a strong note for the Federation in terms of the size of the ‘cake’ available for sharing among the three tiers of government. Of the N3.5 trillion accrual in the Federation Account for the month, FIRS accounted for N2.841 trillion. Contributions from NNPC for the month was N8.3billion with NUPRC and NCS remitting N402.5billion N264 billion, respectively.
The upward trajectory of FIRS contribution to the Federation Account continued at the beginning of the second half of the year. It accounted for N2.295 trillion out of N3.508 trillion remitted into the Federation Account for July, representing 65.4 percent of the total haul. For August, the FIRS figure for FAAC was N1.87 trillion out of the N2.7 trillion in the pool. In September, October, November, and December, the agency’s contributions were N1.45trillion (out of N2.4trilion), N1.74trillion (out of N2.9), N1.56trillion (out of N2.8trillion) and N1.41trillion (out of NN2.2trillion), respectively.
The significance of FIRS contributions displacing oil receipts and turning tax revenue into the country’s new ‘crude oil’ has been well situated by the Accountant General of the Federation, Dr (Mrs) Oluwatoyin Madein. At an event in Abuja, she declared: “Tax revenue, as of today, is the highest source of revenue accruing to the Federation. Therefore, at FAAC meetings, we eagerly await the numbers coming from FIRS because the performance of the agency keeps on increasing and this brings succour to all tiers of government.”
Putting FIRS contribution to FAAC revenue pool in 2024 in context, we will see how it has helped the three tiers of government to plan, project and experience fiscal stability. There is nothing like fiscal discipline except you have accurate revenue prediction. If you say you want to spend N10, that means you must assurance that the N10 will come from somewhere. This commendable collection performance is in tandem with Adedeji’s vision of making taxation the pivot of national development.
What did FIRS do differently?
The impressive revenue collection posted by FIRS is not a product of happenstance. It is the outcome of a well-thought-out strategy and process re-engineering that formed the bedrock of a cocktail of administrative and process reforms embarked upon by the agency under Adedeji. One of his key refrains is that if FIRS is going to succeed in its critical national mandate of domestic revenue mobilisation, taxpayers must be at the centre of all policies and initiatives of the agency.
The FIRS chairman summarised the restructuring and re-orientation that powered the huge revenue collection and turned it to a customer-centric agency thus: “We restructured our operations at FIRS in such a way that we are now effectively carrying out our duty of assessing, collecting and accounting for taxes. We used to have functional types of taxes, but we have since identified that the only customers we have are the taxpayers. We have, therefore, improved the way we relate with our customers by rearranging our operations based on our customers, using their turnover as the basis to categorise them into large, medium, and emerging tax groups.
“We did this to develop expertise in what we do. Secondly, to provide them with a one-stop shop for their activities. If you are in a large tax group, you only need to go to one office to pay all forms of taxes, including conducting audit and other activities. You do not need to move from one office to another again.
“We are here to serve the taxpayers. The taxpayers are not armed robbers or criminals that we will be chasing about. FIRS is also not a law enforcement organisation. We are partners in progress. The taxpayers are the trees in our vineyard. The only thing we can do is to ensure they are well watered and well pruned so they can bear good fruits for us to have a big harvest.
Because of the streamlining of tax processes, the removal of hurdles in the way of tax payment as well placing a high premium on transparency and accountability, a total number of 182, 724 new taxpayers, representing a 25.3% increase, voluntarily enrolled on the agency’s tax administration platform called Tax Pro-Max in 2024. It is the single biggest leap in the number of firms in the tax net in the recent history of the tax agency. This not only underscores the level of trust reposed in the new processes emplaced at the agency. It also lends credence to Adedeji’s sharp vision of making the agency one of the world’s most efficient and trusted revenue authorities.
The president, Lagos Chamber of Commerce and Industry (LCCI), Mr Gabriel Idahosa, testified to the unusual transformation witnessed at FIRS. Idahosa commended the agency for conducting reforms that align with the needs of businesses, particularly singling out the increasing use of technology in tax administration as well as the shift in the mental geography of tax officers from being mere tax collectors to “actively providing services that enhance business operations.”
One key import of the unprecedented growth in tax revenue for the Federation is that the non-oil sector accounts for about 75% of the total haul. This clearly signposts the commitment of the President Bola Tinubu-led administration to truly diversify the economy from its mono-product, crude oil. According to Adedeji, all accolades for the impressive tax collection by FIRS should go to President Tinubu. Of a truth, two key policies by the president, namely the removal of fuel subsidy and unification of the exchange rate, gave fillip to the record tax revenue collection by FIRS. The negative consequences of not setting these economic fundamentals at the time President Tinubu did would have been unbearable for an economy that was already in the ICU before President Tinubu assumed office.
Despite the laudable achievements of the agency since its assumption of office in September 2023, Adedeji is not resting on his oars. He believes the success recorded so far is just a beginning, with his key fiscal focus being on growing Nigeria’s tax-to-GDP ratio to 18% in the next three years. This, he believes, is achievable without putting additional burden on the taxpayers but by making the pie bigger to collect more revenue for government at all levels to be able to meet their obligations to the citizenry.
For him, there is irreducible minimum if the upward tax revenue trajectory must continue. “We can play with everything, but what we cannot afford to play with, if we are going to succeed, are data and merit,” he once said.
It needs to be said that prior to Adedeji’s leadership, the agency’s contribution to FAAC had been growing. However, the coming of Adedeji has moved the quantum significantly higher through a potpourri of internal administrative and process reforms he introduced, leading to simplifying of tax payment.
For 2025, FIRS is targeting to collect N25.2 trillion in tax revenue, and this means more money for the three tiers of government to meet their needs. This is another reason why there should be no opposition to the tax reform bills currently before the National Assembly. If FIRS could post these huge records in a short time, breaking its own records and setting higher targets and goals, a tax system that is modernised and fit for purpose can only add impetus to the task of domestic revenue mobilisation given to FIRS.
For those asking the question: where does tax revenue by FIRS go? The answer is this: every month that the federal, state and local government councils gather in Abuja for FAAC meeting and money is shared accordingly, about 70% of that money comes from the tax revenue FIRS collects from taxpayers.
For perceptive observers, President Tinubu deserves to be hailed for the huge jump in shareable FAAC allocations, which continue the upward swing since his assumption of office. All the states now collect almost three times of what they used to get as FAAC allocation prior to the coming of the Tinubu administration. Every month, managers of the three tiers smile to the banks, thanks to the President’s courageous leadership.
Adekanmbi is the Special Adviser on Media to the Executive Chairman, Federal Inland Revenue Service (FIRS).
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Opinion
Ibarapa East: Yusuf Ramon’s Quest for Responsive Representation
Published
3 weeks agoon
February 14, 2026As the road to 2027 gradually unfolds across Oyo State, political conversations are shifting from routine permutations to deeper questions about competence, generational leadership, and measurable impact. In Ibarapa East, that conversation has found a new voice in Yusuf Abiodun Ramon — a Lanlate-born technocrat whose entry into the race for the State House of Assembly is redefining what representation could mean for the constituency.
In a political environment often dominated by familiar faces and conventional calculations, Ramon presents a profile shaped by technical discipline, structured thinking, and solution-driven engagement. His professional background, anchored in analytical precision and systems management, forms the foundation of his public service aspiration.
For him, representation must move beyond ceremonial presence to practical responsiveness — laws that reflect local realities, oversight that protects public resources, and advocacy that translates into visible development.
Ramon argues that the future of Ibarapa East lies in leadership that listens deliberately, plans strategically, and delivers measurably. He speaks of strengthening rural infrastructure, expanding youth-driven economic opportunities, and institutionalising transparency as core pillars of his agenda. In his view, governance must not merely be symbolic; it must be structured, accountable, and people-centred.
Rooted in Ile Odede, Isale Alubata Compound, Ward Seven of Ibarapa East Local Government, and maternally linked to Ile Sobaloju, Isale Ajidun Compound, Eruwa, Ramon’s story is not one of distant ambition but of lived experience. He is, in every sense, a son of the soil — shaped by the same roads, schools, and economic realities that define daily life in Ibarapa East.
“I was born here. I grew up here. I understand our struggles, our strengths, and our untapped potential,” he says. “Representation must go beyond occupying a seat; it must translate into preparation, competence, and genuine commitment to development.”
His academic journey mirrors that philosophy of steady growth. He began at Islamic Primary School, Lanlate (1995–2001), proceeded to Baptist Grammar School, Orita Eruwa (2001–2007), and later earned a National Diploma in Mechanical Engineering Technology from Federal Polytechnic, Ilaro, between 2009 and 2011. Refusing to plateau, he advanced his intellectual horizon and is now completing a Bachelor of Science in Business Administration at the University of Lagos. “Education,” he reflects, “is continuous capacity building. Leadership today requires both technical knowledge and administrative insight.”
That blend of engineering precision and managerial training has defined a professional career spanning more than a decade. Shortly after his diploma, Yusuf joined Mikano International Limited as a generator installer, gaining hands-on experience in industrial power systems — a sector central to Nigeria’s infrastructural backbone. He later transitioned into telecommunications at Safari Telecoms Nigeria Limited, where he received specialized training in Industrial, Scientific, and Medical radio bands, strengthening his expertise in network operations.
In 2013, he became a Field Support Engineer at Netrux Global Concepts Ltd., then a leading ISM service provider in Nigeria. Over four formative years, he immersed himself in telecom infrastructure deployment and maintenance, mastering field coordination, logistics management, and real-time technical problem-solving.
Since July 2017, he has served as a Field Support Engineer with Specific Tools and Techniques Ltd., a power solutions firm providing services to major operators including MTN Nigeria and Airtel Nigeria. In that capacity, he operates at the frontline of ensuring energy reliability and network uptime — responsibilities that demand discipline, accountability, and systems thinking.
For political observers in Ibarapa East, this trajectory matters. It reflects more than résumé credentials; it speaks to a mindset anchored in efficiency, coordination, and measurable outcomes — qualities increasingly demanded in legislative representation.
Beyond the private sector, Ramon’s political exposure is neither sudden nor superficial. A loyal member of the progressive political family in Lagos, he once served as a personal assistant to a former lawmaker, gaining practical insight into legislative procedure and constituency engagement. Within his community, he has quietly extended financial support to small-scale entrepreneurs and students — modest but consistent interventions rooted in personal responsibility.
“My interest is my people,” he states firmly. “Ibarapa East deserves strategic, responsive, and capable leadership at the State Assembly. We must move from rhetoric to results.”
Across the constituency — from Lanlate to Eruwa — development priorities remain clear: youth employment, vocational empowerment, rural road rehabilitation, stable power supply, agricultural value-chain expansion, improved educational standards, and stronger lawmaking that directly reflects community needs.
Political analysts argue that Ramon’s technocratic background positions him uniquely at the intersection of policy formulation and practical implementation. At a time when national discourse increasingly favours competence over grandstanding, his profile resonates with a broader generational shift toward performance-driven governance. His engineering discipline reinforces problem-solving; his business training strengthens administrative understanding; his grassroots roots anchor his empathy.
For Ibarapa East, the 2027 election cycle may represent more than a routine democratic exercise. It may mark a recalibration of expectations — a demand for representation that understands both the soil beneath its feet and the systems that drive modern development. As political alignments gradually crystallize in Oyo State, Yusuf Abiodun Ramon’s declaration signals the arrival of a candidate seeking to translate private-sector structure into public-sector impact.
One thing is clear: the conversation about the future of Ibarapa East has begun — and it is now framed around competence, credibility, and capacity.
Oluwasegun Idowu sent in this piece from Eruwa, Ibarapa East LG, Oyo State
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Opinion
Flying on Trust: How Ibom Air’s Reliability Became Its Winning Strategy
Published
4 weeks agoon
February 5, 2026“In a sky where delays are normal, one airline flies with precision and trust. Ibom Air shows that reliability can be a strategy”.
In Nigeria’s skies, where flight delays and cancellations are often taken as routine, Ibom Air has quietly rewritten the rules. From the moment it launched in June 2019, the Akwa Ibom State–owned carrier has treated reliability not as a bonus, but as a core strategy—turning punctuality, discipline, and operational excellence into a competitive edge that passengers can count on.
While most airlines chase rapid expansion or flashy promotions, Ibom Air has chosen consistency. Flights depart on schedule, disruptions are minimal, and communication with passengers is clear and timely. This predictability has quickly earned the airline a loyal following among business travellers, professionals, government officials, and families for whom time is invaluable.
The airline’s approach is methodical. Every flight is treated as a commitment, and operational decisions are guided by structured planning, not improvisation. This discipline underpins everything from scheduling to fleet management, ensuring passengers experience flying without surprises.
Central to this model is Ibom Air’s modern fleet. Its Airbus A220-300 and Bombardier CRJ-900 aircraft are fuel-efficient, comfortable, and rigorously maintained to meet both manufacturers’ specifications and the regulatory standards of the Nigerian Civil Aviation Authority and international aviation bodies. Safety here is a culture, not a compliance exercise.
Cabin cleanliness and aircraft health are equally prioritized. Passengers consistently step into neat, hygienic, and professionally maintained cabins, reinforcing confidence and comfort even before take-off. In a sector where small details signal operational quality, Ibom Air’s standards speak volumes.
Technology quietly drives reliability across operations. From booking and check-in to flight coordination and customer service, modern systems enhance efficiency, reduce disruptions, and ensure smooth communication. These tools allow the airline to anticipate challenges rather than merely react.
R–L: Dr. Solomon Oroge, a consultant, and Mr. Idowu Ayodele, journalist and media practitioner, aboard an Ibom Air flight.
Service delivery follows the same disciplined pattern. Pilots, cabin crew, engineers, and ground staff operate under strict professional standards. Courtesy is paired with efficiency, and calm, structured service ensures passengers feel confident throughout their journey.
The Ibom Flyer loyalty programme reflects this structured approach, rewarding consistent passengers and fostering long-term engagement. It turns reliability into a tangible benefit for frequent flyers.
From its hub at Victor Attah International Airport, Uyo, Ibom Air serves major Nigerian cities including Lagos, Abuja, Port Harcourt, Calabar, and Enugu, while extending its reach to West Africa with flights to Accra, Ghana. Expansion is deliberate, prioritizing sustainability over rapid growth that could compromise service quality.
Measured growth allows the airline to maintain operational excellence and service consistency even as demand increases—a strategy that contrasts sharply with competitors whose rapid expansion often strains resources.
Mr. Idowu Ayodele, journalist and media practitioner, pictured inside an Ibom Air aircraft.
Beyond commercial success, Ibom Air has become a national example. It has created employment, stimulated tourism, and strengthened regional connectivity, projecting a positive image of Nigerian aviation at a time when confidence in the sector is often fragile.
The airline has also challenged assumptions about government-owned enterprises. By combining professional management with operational autonomy, it demonstrates that public investment can achieve efficiency, accountability, and competitiveness.
Reliability, in the case of Ibom Air, is than a promise—it is a deliberate business philosophy. It shapes operations, informs decisions, and builds passenger trust consistently.
Technology, discipline, and attention to detail converge to produce an airline that works. Every element, from fleet maintenance to cabin service, supports the promise that Ibom Air delivers what it advertises—without surprises.
In a market where uncertainty has been the norm, Ibom Air has shown that consistency can be a strategic advantage. Passengers no longer fly with anxiety; they fly with confidence, knowing their schedules will hold and service will meet expectations.
Ultimately, Ibom Air is not just an airline—it is a model of operational excellence in Nigerian aviation. By prioritizing reliability over spectacle, discipline over improvisation, and planning over shortcuts, it sets a benchmark for the industry and a standard for passengers: in the skies, predictability is priceless
Idowu Ayodele – Journalist, Ibadan, Oyo State
0805 889 3736 | megaiconpress@gmail.com
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Opinion
Help or Hegemony? Trump’s Threat and Nigeria’s Terror War | By Olusegun Hassan
Published
4 months agoon
November 11, 2025In Homer’s epic poem The Odyssey, the concept of the “Greek gift” was invented. The Trojan Horse became the undoing of Troy, ending a decade-long war in which many Greeks had perished, including the mighty Achilles. The Trojans accepted the Greeks’ gift, and the rest, as they say, is history.
In the past few days, both social and conventional media have been agog with reactions to President Donald J. Trump’s threat to the Nigerian government regarding terrorism. In his words, Nigeria must “address the genocide against Christians in the North and Middle Belt, or else the U.S. will cut aid to the country and, in addition, come into the country guns blazing in an attempt to flush out the terrorists.”
Sincerely speaking, the tweet made by the U.S. President sounded a bit comical to me, as did many other commentaries that followed. Comical not in a ridiculous sense, but in a comedic sense.
This piece is not written to support or oppose any particular view, but to lay down facts in the most succinct and objective manner, thereby allowing for the independence of a balanced position.
In 2009, a terror group named Jama’at Ahl al-Sunna li al-Da’wa wa al-Jihad (popularly referred to as Boko Haram) emerged with the aim of establishing Islamic rule across Nigeria. According to the group, Sharia was the only path to true progress, and any faith other than Islam was haram (forbidden).
Soon after, this group began launching vicious attacks against Christians and Christian places of worship. From singularly attacking Christians, their targets shifted to government institutions and facilities, and on 28 November 2014, one of the greatest attacks against fellow Muslims occurred with the bombing and mass shooting of Juma’at worshippers at the Kano Central Mosque. Over 120 worshippers were killed and another 260 critically injured.
The point here is to underscore the fact that Boko Haram—and indeed all other extremist groups in Nigeria—are not targeting Christians alone, as earlier claimed, but are pursuing a more sinister agenda of land grabbing with the colouration of economic, psychological and socio-political domination of conquered territories, with intentions of spreading across the country.
From the Northeast, the activities of wanton killing and destruction perpetrated by terrorists spread to the North Central region, particularly Plateau and Benue States. What originally began as farmer–herder clashes metamorphosed into full-blown village and community sackings, where Fulani invaders razed entire communities, leaving hundreds dead or wounded while survivors were displaced and left with harrowing experiences in IDP camps.
This wave of destruction continued, with one of the bloodiest in recent times occurring in Yelwata, Guma Local Government Area of Benue State, on the night of 13–14 June 2025. According to Amnesty/CE/UN/NGO, over 200 people were gruesomely massacred, several houses burnt to ashes, and about 3,000 people displaced and rendered homeless. In 2025 alone, Amnesty reported more than 10,000 additional people displaced in Benue across several local governments, ranging from Gwer West to Agatu, Ukum/Gbagir, Logo, Kwande and Guma.
From the North Central, terrorism—or better still, banditry—also found its way to the North West. The activities of bandits, kidnappers and other criminal elements were consistently reported in Zamfara, Kaduna, Kebbi, Sokoto, Kano, and even Katsina, which was once regarded as the true home of hospitality, as its state slogan depicts, and as I can also attest considering how much I enjoyed the peace and serenity of the state during my days therein as a Youth Corps member. Reuters.ng reports that as of 2025, approximately 2,456 people had been killed in the North West region across multiple states. In addition to this, about 7,260 people, including schoolchildren and commuters on highways, had been abducted, with several millions of naira collected by kidnappers as ransom payments. Some parts of the South West, South East and South South have not been spared the atrocities of terrorists and bandits.
Therefore, it is safe to say that the entire country has, at one time or the other, experienced the activities of bandits, terrorists and kidnappers. The intensity of attack, however, differs from region to region.
Late General Sani Abacha once said that “if any insurgency lasts for more than 24 hours, a government official has a hand in it.” This saying more or less amplifies the complexity of the terrorism–banditry–kidnapping problem in Nigeria. Nigeria is a country abundantly blessed with all manners of rich mineral resources. Apart from the vast arable land required for productive agriculture, there is virtually no region of the country that does not possess one valuable solid mineral or another.
From iron ore in Zamfara, Kogi and Enugu; gold in Kaduna, Kebbi and Osun; lithium in Nasarawa, Kwara, Oyo and the FCT; bitumen in Ondo, Edo and Ogun; plus other industrial minerals like gypsum, kaolin and limestone, with deposits of over one billion tonnes across many states—Nigeria is sitting on an incredibly underutilised treasure worth billions of dollars. The government’s inability to adequately manage these vast potentials provides fertile grounds for opportunistic scrambling, illegal mining, chaos and its attendant conflicts.
One can therefore boldly say that the chaos and violence camouflaged as terrorism and banditry is indeed a calculated campaign driven not just by Islamic extremism but by land grabbing and occupation for the purpose of blood mineral extraction and illicit mining.
Thus, a sophisticatedly armed radical Islamic Fulani ethnic militia, often operating under political protection, carries out multiple killings, displacements and kidnappings across the Northeast, North Central and North West, after which reports reveal that foreign miners appear following the death and displacement of indigenes to exploit the lands.
Amnesty International has also reported that Nigeria loses over $9 billion annually to illicit mining of gold, tin and lithium, with a significant portion—estimated at 10%—funding violence and corruption. The report further revealed that the involvement of some government elements in this corruption is not in doubt, as eyewitness reports of survivors and satellite surveillance footage revealed the connivance of certain government personnel. Some survivors have also repeatedly claimed that they witnessed helicopters in the middle of the night dropping weapons and ammunition for the bandits—a disclosure corroborated by Professor Bolaji Akinyemi in an interview on African Stream earlier this year.
So, it is right to say that the violence and carnage are just a smokescreen and a catalyst to a far-reaching economic, psychological and socio-political agenda of certain influential elements in the country. This is part of the reason why the billions of naira spent on security to equip the military to better fight insurgency have not yielded much result to date.
In addressing the threat of President Donald Trump, I would like to start by recounting a little history about the 47th President of the United States and his previous antecedents. In January 2018, at a news conference in the White House, President Trump referred to Haiti and some African countries—including Nigeria—as “shithole countries” that should not be accorded immigrant status in the U.S.
Furthermore, his government’s stern immigration policies and visa restrictions clearly reflect a hostile stance towards Africa and some other Global South countries. In light of this, it is hard to understand where the sudden genuine concern for Nigerian Christians is coming from—more so when a U.S. congressman earlier this year revealed that USAID played a significant role in the funding of Boko Haram and other terrorist groups. This concern was never mentioned when Late President Muhammadu Buhari visited the White House a few months after the “shithole” saga and was praised by the same Trump for his valiant efforts in fighting Boko Haram and ISWAP, despite staggering reports of attacks and killings in the Northeast and North Central during that period.
Under the erudite scholarship of Professor Kunle Ajayi, I learnt several years ago, in one of our Politics of Global Economic Relations lectures, that in world politics and global socio-economic relations, the overriding determinant of states’ decisions and actions is strategic interest. Altruism is hardly ever a factor.
Present realities of Nigeria’s economic relations are fast approaching self-sufficiency—particularly in the oil sector, where Nigeria was once a major importer of finished petroleum products from the U.S. The Dangote refinery, having begun domestic refining and production of petroleum products, is fast taking over a market once dominated by imports from the U.S. This shift, no doubt, is taking jobs away from American oil workers—no cheering news for the country’s oil conglomerates. Secondly, China has since replaced the United States as Nigeria’s foremost trading partner.
According to Nairametrics (2025), the value of trade between Nigeria and China between 2023–2025 totals approximately $50 billion compared to an estimated $30 billion with the U.S. This paradigm shift would certainly not be palatable to the U.S. or her president, who happens to be a dogged businessman that hates the word “no”. From this perspective, it is not difficult to see where President Trump is coming from.
Be that as it may, I think Nigeria needs to employ shrewd diplomacy in dealing with the U.S. under a president like Donald Trump. Regardless of international law and conventions, the U.S. has repeatedly proven itself willing to take unilateral military action against countries, defying the rule of law and popular global opinion. So those hinging on Nigeria’s sovereignty as a deterrent to the U.S. are not good students of history.
What is, however, more important in all of this is that global attention is once again drawn to the horrible atrocities of these criminal elements in Nigeria. The country cannot continue to behave as though it is normal headline news when people are slaughtered daily, and families and homes are torn apart.
I believe this is an opportunity for the government to rejig the entire security architecture of the country, with the needed political will, to once and for all end these killings. Strategic partnership with the United States in this regard is not a bad idea. With its extensive experience in counter-terrorism operations and access to sophisticated military technology and intelligence, the U.S. can assist in identifying and eradicating the major financiers and enablers of terrorism and banditry. It is not rocket science that when the financing of terrorists ends, terrorism ceases to exist.
However, this should be done only on the basis of shared interest, mutual respect, trust, and understanding reflective of a healthy and balanced foreign policy relationship. By prioritising constructive diplomacy, dialogue and partnership, Nigeria can work with the United States in a strategic alliance to restore peace, security and confidence across the nation. That is the way to go.
Olusegun Hassan, Ph.D
Public Policy Analyst and Social Commentator
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