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Shea Nut Processing Can Create 600,000 New Jobs in Nigeria – Prof. Ike-Muonso

DG RMRDC, Prof. Nnanyelugo M. Ike-Muonso.

Professor Nnanyelugo Ike-Mounso to Deliver the 10th Bullion Lecture

Raw Materials 360 by Raw Materials 360
April 16, 2026
Reading Time: 2 mins read
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By Ray Echebiri

The Director General/Chief Executive of Raw Materials Research and Development Council (RMRDC), Professor Nnanyelugo Ike-Muonso,, is set to deliver the 10th edition of The Bullion Lecture. The theme of the lecture which is scheduled for 10am on Thursday, April 23, 2026 at The Civic Centre, Victoria Island, Lagos, is From Resources to Prosperity: How Raw Materials Development, Value Addition and Innovation Can Catalyse Nigeria’s Industrial Renaissance.

RMRDC Radio RMRDC Radio RMRDC Radio

As the Director General of RMRDC, he sits at the intersection of industry, policy, and academia, driving Nigeria’s transition from a resource-exporting nation to an industrial powerhouse.

Ike-Muonso has pioneered the landmark 30% Value-Addition Bill, a transformative legislative mandate requiring local processing of all extracted raw materials prior to export. Ths involves adding atleast 30% value to raw material before they are exported This initiative, coupled with his aggressive advocacy for the prohibition of imports for locally abundant resources, is designed to secure Nigeria’s economic sovereignty and fortify domestic industrial linkages. Under his leadership, the RMRDC is repositioning Nigeria as a central production hub for the African continent.

Prior to his role as the DG RMRDC, he served as CEO of ValueFronteira Limited, a premier commodities research and data analytics firm. His career is marked by high-level consultancies and strategic partnerships with global institutions, including multilateral organisations (The World Bank, UNDP, European Commission, ECOWAS); development partners (USAID, DFID, FCDO); and the Bill & Melinda Gates Foundation), and academic institutions (Lagos Business School and Edinburgh Business School).

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According to a statement in Lagos by Dr. Ray Echebiri, Founder/CEO of Centre for Financial Journalism, organisers of The Bullion Lecture, the 2026 edition of the lecture (10th in the series), will be chaired by Otunba Kelvin Dele Oye, Chairman, Alliance for Economic Research and Ethics and former President of National Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA). HRH Jacob Esan, Chief Executive Officer of Geo Fliuds Plc, and Mr. Christian Udechukwu, Commissioner for Industrial Development, Anambra State, will dissect the guest lecturer’s presentation as panelists.
The event will feature the presentation of the book Pathways to Nigeria’s Socio-Economic Transformation. Edited by Dr. Ray Echebiri, the book is a compilation of the text of The Bullion Lecture from 2016 to 2026.

Expected guests at the lecture include government officials, captains of industry, academics, banking and finance executives, energy sector players, manufacturers, maritime executives, ICT professionals, members of the diplomatic corps, representatives of multilateral institutions, media practitioners, members of the public.

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Tags: 10TH BULLION LECTUREPROFESSOR NNANYELUGO IKE-MUONSORMRDC
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The Raw Materials Research and Development Council (RMRDC) is an agency of the Federal Government of Nigeria (under the supervision of Federal Ministry of Science, Technology and Innovation) vested with the mandate to promote the development and utilization of Nigeria’s industrial raw materials.

Latest Updates

  • RMRDC Rebrands and Relaunches Journal of Raw Materials Research to Boost Global Visibility of Nigeria’s Research Efforts
  • NAN MD Commends RMRDC, Pledges Partnership to Showcase Nigeria’s Raw Materials Breakthroughs to Global Audience
  • RMRDC Sokoto Explores Research Collaboration with Sokoto State Polytechnic
  • RMRDC Repositioning Nigeria’s Raw Materials Sector for Industrialisation, Says DG
  • RMRDC Participates in OGUNCCIMA’s 42nd AGM and Investiture, Reaffirms Commitment to Value Addition and Industrial Development

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