Untapped economic potentials   Solid minerals: Gold, Lithium, etc.   Information technology (ICT)  
         
Stronger economies together   Arewa center of excellence   Arewa strategic development  
         
Era of collaboration & partnership   Small & medium enterprises   Arewa regional decision makers  
         
Arewa demographic shifts   Arewa, the quest for unity   Publications  

 

         

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 may not be a bad idea 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 High-Grade Lithium ore in 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 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 revitalizing Kannywood entertainment industry in partnership with Indian Bollywood.  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... READ THE WHOLE INTERVIEW

 

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