By Mustapha Yauri
A leading policy think tank, the Galadiman Ruwa Centre for Strategic Leadership and Communication (GCSLC), has urged President Bola Tinubu to unlock Nigeria’s underutilised sovereign industrial assets.
The Centre said the move would provide a viable pathway to sustainable economic growth and long-term national prosperity.
Dr Ja’afaru Sa’ad, Chairman and Founder of GCSLC, made the call in an open strategic memo addressed to the President and Commander-in-Chief of the Armed Forces.
Speaking with the News Agency of Nigeria (NAN) on Wednesday, Sa’ad described dormant industrial assets as Nigeria’s “Hidden NNPCLs”.
He said the assets could become self-sustaining, multi-trillion-naira enterprises if properly restructured and strategically coordinated.
Sa’ad noted that Nigeria’s economic challenges stem not from resource scarcity, but weak institutional alignment and underutilisation of national assets.
He said global focus is shifting from oil and gas to green energy and chemical-based industries, valued within a $124 trillion global economy.
According to him, Nigeria holds strong competitive advantages in green energy and chemical-based industrial sectors.
Sa’ad said the Centre identified five dormant sovereign industrial foundations currently viewed as liabilities but possessing valuable embedded intellectual property.
He said the assets could drive long-term economic growth without additional borrowing if properly revitalised.
The think tank proposed a Determinant-2 (D2) Economic Reset to reduce import dependence through local production of strategic chemicals and green-energy inputs.
Sa’ad also recommended a Determinant-5 (D5) Resuscitation Strategy anchored on an “8R Stealth Paradigm”.
He said the strategy could revive dormant assets, create mass youth employment and support Nigeria’s Roadmap 2050 development agenda.
The Centre stressed that the proposal does not advocate privatisation of national assets.
It instead recommended a Determinant-8 (D8) Sovereign Retention approach through what it described as “clinical restructuring”.
Sa’ad said the approach would ensure that revitalised enterprises remain permanently owned by the Nigerian people.
He added that the blueprint is ready and urged the Federal Government to deliberately engineer prosperity rather than merely manage economic challenges. (NAN)
Edited by Tosin Kolade
