Industrial Development Way Forward To A Greater Nigeria-Open Letter To Buhari By Roland Idimi

An Open Letter from Roland E. IDIMI (UBIOMOR) to the President, Federal Republic of Nigeria – Industrial Development way forward to a greater Nigeria

6th October, 2019

Attention: Muhammadu Buhari GCFR.

Mr. President I am writing you this letter to inform you of six simple steps your agenda formulation of your 2nd term in office should be based on as to make Nigeria a great country. As obvious to we all, things are currently working well for Nigeria with decrease in revenue of Government, high debt to GDP ration, fallen foreign direct invests (FDI), extreme poverty and insecurity with calls for secession from some parts of Nigeria. Tough times calls for superior ideas to solve our so many problems as a people. This is one key objective, why I am writing you this note. Mr. President I am not by this note calling on Nigerians to re-invent the wheel. There are simple but proven approach by different parts of the world which we can apply to solve our problems. What is important if for we to learn from history and apply body of knowledge available to develop concepts and programs so solve our many problems.

Historically, before the Industrial Evolution in Europe and America (1760 to 1840), it can be said that Africa was on same level of industrial development and civilization with Europe and America with agriculture development dominating global trade and commerce. The industrial evolution set into motion the road map from which Europe and America dominance of the new world started. Economic historians are in agreement that the onset of the Industrial Revolution is the most important event in the history of humanity since the domestication of animals and plants. It set the stage for technology development and advancement. Without an Indigenous technology, no nation can be truly great.

Even though China didn’t benefit directly from the era of industrial evolution in Europe and America, China’s industrial revolution, which started 40 years ago, is perhaps one of the most important economic and geopolitical phenomena since the original Industrial Revolution 250 years ago. The reason is simple: Less than 10 percent of the world’s population is fully industrialized; if China can successfully finish its industrialization, an additional 20 percent of the world’s population will be entering modern times. Along the way, China is igniting new growth across Asia, Latin America, Africa and even the industrial West, thanks to the country’s colossal demand for raw materials, energy, trade and capital flows.

China’s rapid growth has puzzled many people, including economists. How could a nation with 1.4 billion people transform itself relatively suddenly from a vastly impoverished agricultural land into a formidable industrial powerhouse when so many tiny nations have been unable to do so despite their more favorable social-economic conditions? Nigeria in particular, after about 59 years of democracy, the Government and people have not even clearly know the root cause of their economic problems and backwardness, let along to finding solutions to them. Over the years, successive Governments of Nigeria has highly misplaced national priorities and chasing the wrong programs or taking the wrong route to solving Nigeria economic problems in a globalized world that is highly competitive and complex. This has resulted into poor economic development when compared with some other nations like South Kora, Brazil, Malaysia Nigeria was once in close economic competition with. With all due respect Mr. President, the policies direction of your Government has not been able to inspire the confidence of some of us as it is not driven by industrial development.

It is my recommendation to the Government and people of Nigeria that Nigeria economic planning should be centered on Industrial development and every other sectors investments development should be planned to provide input into development of industries in Nigeria. I have outlined six steps below to make Nigeria a great nation, if implemented by the people and Governments of Nigeria.

1. Restructure Nigeria to a true Federal State with resources control in line with the ideas of our founding fathers and the principles of the 1954 Constitution of Nigeria.

2. Revise the Nigerian Gas Master Plan to ensure that there is a gas pipeline system from the Niger Delta to all States of the Federation.

3. Each state of the Federation has to master plan at least one Industrial City with Free Trade Zone (FTZ) Status for Industrial localization and development.

4. All States of the Federation has to develop a minimum of 5000 hectares of agricultural plantation for development of agro-allied raw materials.

5. Development of transportation and logistics infrastructure like roads, rail and de-centralisation of our ports.

6. Development of the Nigerian solid mineral and steel industry. To act as source of raw materials to other industries.

Mr. President if these six goals form the basis of our national development planning and agenda of your Government, Nigeria shall then truly become the giant of Africa and the pride of the black race. We shall set into motion a process to solving other socioeconomic, sociopolitical and socio-cultural problems of Nigeria, including the problem of insecurity, lack of employment opportunities for our youths, poor Government revenue and decline in FDI to Nigeria.

Yours faithfully,
Roland E. IDIMI (UBIOMOR),
Natural Resources Development Consultant,
Info.exerneum.com.

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