NRS chair’s comment on economy raises storm
The Chairman of the Nigerian Revenue Service (NRS), Dr Zacch Adedeji, has come under criticism over his recent comment on the state of the Nigerian economy and the performance of President Bola Ahmed Tinubu’s administration. Adedeji had praised the economic direction of the Tinubu administration, urging the President not to be distracted by negative comments […]
Dr Zacch Adedeji, the chairman of the Nigerian Revenue Service (NRS), has faced criticism following his recent remarks on the Nigerian economy and President Bola Ahmed Tinubu's administration. The NRS head praised the administration's economic direction during a briefing at the State House, emphasizing the significant increase in government revenue as proof of progress.
He urged President Tinubu not to be drawn into criticisms from those who have no alternative to the government's policies. However, the comments have sparked controversy, with Nigerians and economic experts arguing that Adedeji failed to address the hardships faced by citizens, despite the revenue surge. Critics contend that increased government revenue is not enough to gauge the success of an economic policy, as citizens continue to experience high prices for essential goods and services.
A former Director-General of the Bureau of Public Service Reforms, Dr Joe Abah, described Adedeji's statement as insensitive and unnecessary, suggesting that the revenue growth should directly address the cost of living for Nigerians. Abah pointed to examples from the United Kingdom, such as removing VAT on domestic electricity and capping bus fare prices, as measures that could be implemented in Nigeria to mitigate the impact of the cost-of-living crisis.
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