Visualizing critical data that informs Arewa leaders and organizations of the region's unique characteristics.


WHAT DRIVES ECONOMIC GROWTH?

It is the economic development that helps create the environment for growth to occur. Simply put, economic growth is measured as an increase in Gross Domestic Product (GDP), which is the total value of everything produced by the people and the businesses in the region. The result is a Naira value that represents the amount of money floating around the specific economic ecosystem. Growth can be quick, but not always sustained.

 

The Economic Development work in the communities influence the GDP equation. Creating wealth (which fuels consumer spending), growing businesses (which fuels business investment spending), and boosting exports (which influences both). Economic Development is still further influenced by the work government does with regulation and taxation strategies and infrastructure spending.

 

Economic development work is about having a long-term vision, and staying focused on key priorities: more jobs, more people working, and creating a more attractive business environment. And everything must be done to support these areas.


ICT is the convergence of communications, computing and information technologies and has become the catalyst that enhances development process of a nation...READ ON

   

AREWA ECONOMIC DEVELOPMENT & BUSINESS GROWTH
AREWA Center for Regional Development (ACRD) help to address key economic challenges by providing regionally-tailored programs, services, knowledge and expertise that:

  • Build on regional and local economic assets and strengths;

  • Support business growth, productivity and innovation;

  • Help small- and medium-sized businesses effectively compete in Nigeria, Africa and the global marketplace;

  • Provide adjustment assistance in response to economic downturns and crises; and
    Support communities.

Each ACRD intervention brings a regional policy perspective in support of the national agenda through: regional economic intelligence to support national decision-making; contributing to federal regional coordination and cooperative relationships with other levels of government, community, Universities and research institutions, as well as other stakeholders; and supporting national priorities in Arewa region.
By working collaboratively and in partnership, ACRD ensures national coordination and maximized efficiencies that will benefit the entire Arewa region.

       
 

 Restructuring is good for the North because the North has so many Potentials of Solid Mineral Exploration, so great that by the time the northern  Governors realize it they will almost forget about allocation funds coming from Federal Government and too much Taxes on its citizens to generate more internally generated revenue (IGR). The potential is great and better than crude oil of the south. Gold, Uranium, Iron Ore, Gemstones, Columbite, Tantalite, Kaolin, Goshenite and other precious minerals are everywhere across the north, but also Lithium Brine Rocks, lithium-bearing pegmatite and spodumene, a critical component for making electric car batteries. By 2030, oil will no longer be that important as electric cars will take over, lithium batteries will also be used for powerhouses and so much more. The potentials for export of these natural minerals and local use in manufacturing from the north are unparalleled. The Southerners are just beginning to realize the potentials and if we begin to explore them, what it will mean to their so-called oil; and clamour for Restructuring. That is why some of them are beginning to downplay the issue of restructuring now: every region to control its resources, but the north must insist on Restructuring Now. Because the southerners erroneously believe that northerners are backward and uneducated and think that the north is dependent on the south simply because they have oil while forgetting that the south depends on the north for its staple foods. 80% of food consumed in the south, apart from cassava comes from the north: rice, beans, maize, guinea corn, yam, wheat, tomatoes, onions, pepper, spices and meat: cow, goat, and donkeys, etc. Nigeria plans to spend 15 billion naira, about $42 million over the next year or so to explore minerals and attract investors into mining and reduce its dependence on oil. Also, the north has oil too but abundant of natural resources: solid minerals. The North must get its act right and the future will be much brighter, more prosperous and better. The teaming Youths will have ample jobs and things to do; and for every mining job, 4 more jobs will be created and the north will virtually have near-zero-unemployment.

 

The northern demographic shifts will fuel the growth of new sectors, markets and service lines. They will begin to innovate and with creativity build viable businesses in areas of the business supply chain, and in agriculture, livestock mainstreaming, no more transporting live animals to the south but slaughtered and freight in refrigerated trucks, renewable energy like solar farming, ICT, Business Processing Outsourcing and in healthcare, manufacturing and revitalize the Kannywood entertainment industry in partnership with Indian Bollywood. Staple food commodity would no longer be transported to the south but buying-zones can be created along the borderlines between north and south for southerners to come and purchase there. “Wallahi it is a matter of time and the time is very soon, it has already begun. The unity of northern diversity is the power that will propel the business communities and consequently, the northern upcoming industries into new dimensions of performance. Soon there will be on the horizon, more northern banks, northern media and corporations; and northern intelligentsia that will meet every contemporary challenge; build capacity and human capital knowledge-pool; and the end of youths banditry, kidnappings, communal crises, terrorism and religious violence because everyone will have work and meaningful things to do under strong, compassionate leadership, propelling the country to a Greater Height as a whole. ICT-enabled solutions in healthcare, agriculture, education, financial services and States-public services will drive socio-economic inclusion of everyone in the region and the country faster, cheaper and more efficient than traditional methods. Indeed, the North; and Nigeria will be Great Again. The PAN-Niger Delta Forum said that the news that Northern leaders, who identified themselves as Friends of Democracy, advocated a return to the 12-state federal structure of 1967 and 100 percent resource control was thought-provoking but calls for restraint and further cross-questioning. The Pan-Yoruba socio-political organization, Afenifere, said it agrees with most of the views of the northern leaders and hoped to inter-face with them later, but said for a group of northerners to now be advocating for 100 percent resource control, calls for caution and further interrogation.

The question been are asked is that who will suffer if Nigeria is restructured or in the event of a break-up of the country in terms of food security or development?... READ THE WHOLE INTERVIEW

     
 
 

“Given the emergence of new regional dynamics in development policy and practice, Arewa region MUST fine-tune current regional development perspectives and to develop new ones that are not only more in sync with the present and future global context but with the governance systems being currently adopted that are becoming more and more decentralized and grassroots oriented. States Governors within the Arewa region must come together to create and adopt the Arewa Regional Economic Plan with emphasis on a balanced approach to development and opportunity for all diversity irrespective of one’s tribe, social class, religious belief and even political affiliation; and establish targets for economic growth of the entire region taking advantage of our Demographic Shifts, which will fuel the growth of new sectors, markets, and service lines in our communities. The ability of our diversity to build strength and unity is the power that will propel the region and consequently, the Nigerian industry, into new dimensions of performance and inclusive growth. Catalyzing Inclusive Growth Through ICT-enabled solutions in healthcare, education, financial services and public services can drive socio-economic development and inclusion of more than 30 million citizens each year, faster, cheaper and more effectively than traditional models. The economic plan should be built on current regional opportunities, collaboration and innovation linking States macroeconomic models with regional development and economic plan termed: Regional Econometric Model”President ACRD 


 

 

 

Copyright © 2019 - to date: AREWA Center for Regional Economic Development (ACRED) - www.arewaonline-ng.com

All rights reserved Powered by iNetworksCanada


UAV KD