For the North, it’s time to seek economic power

At a time when drumbeats of political power relocation to the region, are becoming more deafening, it’s indeed worth noting to see that a convergence of young intellectuals from across the northern part of the country display such nonchalance to the otherwise all-important matter. There must be a more pressing need then.

Yet to state that some or more precisely, most of these young Turks don’t wish to see that the control of the government at the center returns to the North come 2015 is obviously not depicting the true reflection of their minds.

Still, it doesn’t mask the significance of their current mindsets. Will the North continue to only agitate for political power alone while it’s obviously lagging behind in taking advantage of most of the Federal Government’s empowerment policies?

Can the North develop economically without proper collaboration and policy coordination among the states? Can the North afford to continue waiting until it reclaims the political power before something is done about its economic development?

These, among others, were some of the thought-provoking posers raised when these young men and women seized the opportunity of Sallah break to discuss the future of the region.

Interestingly, some of them in the Diaspora who couldn’t make it physically took advantage of ICT to participate. Professor Abba Gumel, a renowned mathematician based in Canada, was among those who attended via Skype.

Others like India based Hajiya Saratu followed the thread in the group cyber page as an effort to join via Skype proved not successful.

However, by the time Alhaji Ahmad Rabiu (Vice Chairman of nation’s chambers of commerce) and Umar Saidu Tudun Wada (GM of Freedom Radio) who co-chaired the occasion began to pilot the affairs, it was clear that the participants drawn from all walks of life were there for frank talks. It was also clear that they think differently from the average politician in the country, who thinks that there’s no development as long as the political power is not residing in his particular region.

This is the pleasant surprise especially when viewed from the nature and the history of our prebendal politics. What therefore stands out from the lecture organized by these great minds, under the aegis of Ra’ayi Initiatives for Human Development (RIHD) is the burning desire for the development of Northern Nigeria probably unseen in most of those garrulous politicians. And there’s a remarkable freshness in their diagnoses and prescriptions on what constitutes the bane of the region.

For these young intellectuals, the sense of foreboding about loss of power to the rival South is not only over exaggerated by politicians, but it’s not even the main reason for its economic stagnation. The North’s most immediate need apart from education is economy and economy and economy. And this can be achieved with, or without the north necessarily controlling the power at centre. This was the definitive message seemed to be agreed upon by those who thronged the ancient city of Kano’s venue of the lecture.

Indeed even the choice of the lead topic of discussion was unmistakable: Mitigating the Risk of Dependence on Oil funds: Viable options for the North.

The speaker, Ahmed Umar Sanusi, a brilliant new generation banker, armed with a master’s degree in energy economics, did more than a justice to the topic.

Mounting the podium, following a beautiful preamble of the topics by equally brilliant Husseini Jibrin, an aviation expert, Sanusi lamented the failure of political leadership in the region to move away from over depending on oil revenue. This, according him, doesn’t bode well for the future of the region.

“Nigeria is one of the classical cases of resource curse as agriculture and manufacturing have been terribly neglected. Oil funds keep accumulating without trickling down”, he observed.

According to Sanusi, a decline in revenue to share among the states will spell doom to the northern economy as no state can even pay salaries without the monthly federal allocation”.

Although the above summation is also the reality of most of the states even in the southern part of the country, the inescapable truth is that, the consequence of not heeding Sanusi’s warning can be direr in the north.

Thus Sanusi selected agriculture, manufacturing, modernization of trade and improving Internally Generated Revenue (IGR) as key to diversification of the region’s economy. He particularly seeks linkages between agriculture and manufacturing in the region.

“Agriculture being the biggest employer of labor in the North presents the best opportunity of rejuvenating its economy and lifting the poor above the poverty line, checking rural-urban migration, checking the almajiri- beggar system because with all-year-round farming parents will want to keep their children with them to help out on the farms,” he further argued.

Yet Sanusi is of the opinion that nothing much can be achieved if state governments in the region fail to appreciate the need “to promote and take advantage of federal government’s policies on value chain linkages of agricultural products.”

The banker cited the example of sugar refining which is aimed at substituting imported raw material with locally produced sugar cane in sugar refining companies like BUA and Dangote. He equally advocated for taking advantage of 100% levy on rice to encourage local production as well as promoting similar policy on wheat production among others.

On manufacturing, Sanusi lamented the situation in the region which he said has become a dumping ground of manufactured goods not only from abroad but from within the country. He however suggested that the North, should position itself to take advantage of outsourcing of tailoring of global brands going on in Asia.

However, there’s a lot of hard work to be done and emotion must not becloud the thinking of the people according him. The North must collectively put all its weight on clamor for the extension of the gas pipeline project as well as completion of major power projects like the Mambilla hydro power plant.

Sanusi also wants the North to position itself to access finance from banks for its industries. “Banks play a very important role in the economy, matching the surplus segment (savings) with the deficit segment (investment) unfortunately the north is left behind in access to bank loans with 73% of the total loan portfolio of bank loans going to the Southwest with the entire North accessing less than 10%,” he lamented.

The second discussion was however on the decline of Mallam Aminu Kano International Airport which used to be the aviation hub of the West African region. The presentation was made by Kabiru Mohammed Yusuf, another member of the group who happens to be an authority in the aviation sector. Like Sanusi, Kabiru too chose a matter-offact approach to the discussion.

He chose to differ from those who opined that the airport predicament was the handiwork of politicians who are hell bent in killing the economy of the north. Tracing the history the airport’s decline, Kabiru noted that what’s being witnessed now is just an increased attention as it started long ago.

“It’s important to note that aviation all over the world is a very viable business particularly to the airport operator. As such, it requires more than armchair criticism to bring the airport back to its old glory,” he pointed out. He therefore suggested that collaborative efforts between the Kano State Government, the Kano Chamber of Commerce and private investors in bringing it back its old well days.

•Baban-Sumayya, a social analyst, wrote in from Kano.

View Source

For the North, it’s time to seek economic power by

About ngcareers

Ngcareers is Nigeria's top jobs and careers community for working professionals and jobseekers to find interesting opportunities, discover and share insights based on their career interests. Click Here to Join. You can Connect with Ngcareers on Twitter, Google Plus, Facebook or Linkedin

Leave a Comment