Friday, July 5, 2013

SOLVING A NATION: ECONOMIC RECOVERY THROUGH STATE POTENTIALS UTILIZATION II



EDO STATE



Edo State is an inland state in central southern Nigeria. Its capital is Benin City. It is bounded in the north and east by Kogi State, in the south by Delta State and in the west by Ondo State. Edo State with an Area of 17,802 km2 (6,873 sq mi) and an estimate population of  3,497,502 (2005), was formed on 27 August 1991 when Bendel State was split into Edo and Delta States. 

Edo State is home to several ethnics, among them the Bini, Esan, Afemai, Ora, Akoko-Edo, Igbanke, Emai and Ijaw.

                

  
The University of Benin, Benin City, the Ambrose Alli University, Ekpoma, the Igbinedion University, Okada, and the Benson Idahosa University, Benin City, the Federal Polytechnic Auchi, Auchi are among the institutions of higher learning located in Edo State.
             

Tourist attractions in Edo State include the Emotan statue in Benin City, Ise Lake and River Niger beach in Agenebode, Etsako-East; Ambrose Alli Square, Ekpoma, River Niger beaches at Ilushi, BFFM building at Ewu, College of Agriculture and Aqua Culture Technology, Agenebode, Okpekpe with its hills and scenes and the Somorika hills in Akoko Edo, where a government-run tourist center at Ososo is set among spectacular scenery. The state produces crude oil. The state is also noted for the following agricultural products: rubber, cocoa, cashew nuts and is blessed with precious stones like Quartz, Amethyst, Mica, Dolomite, Granite Stone and Lime Stone used in the production of Cement at Okpella. Among the Tourist centers is the Imiegba Uchikpo River in three Ibie Clan and hills.

Edo State consists of 18 Local Government Areas and 3 Senatorial District. As at May 2013, Edo State had a standing debt of Edo owes $42.7 million (http://mienpamo.wordpress.com/2013/06/21/states-monthly-allocation-for-the-month-of-may-2013-from-the-federal-govt-there-huge-dept-profiles-2/). In May 2013 received about 2.4% as State Allocation from the Federal Government N894,000,000,000.00 from the Federal Government Monthly Allocation to States 

Economic Position in Edo State

Presently, Edo State could be described as one of the many States in Nigeria with a very poor economic situation, as it experiences huge and raising rate of youth unemployment, lacks industrial and commercial advancement and obviously poorly funded Federal Government presence. 

Edo State is a State that houses one of African's oldest and recognized Traditional Monarch system and serve as a major Economic link/ root between Nigeria's Largest commercial hub (Lagos) and two of Nigeria's Most vibrant Market indicators (Onitsha and Abuja). Edo State is one of Nigerian's most popular States in Europe and some Africa countries as it has a large number of its Son and Daughters living in various towns and city around the world with an aim to improve their economic situation and that of their families. 

The present Governor of Edo State, Comrade Adams Oshiomole, in his administration's move to make a difference in the lives of the people of the State, deployed a technique of massive structural development and political reshuffle, which led the construction and new roads, dualization of existing Federal roads and beatification of major areas of attraction around the main city. These activities have consumed a period of about five years without any trace of improved economic vibrancy in the State which has now resulted to increase taxes on the people to help fund the State treasury. 
    

Is it a Right Move Towards an Economic Improvement in Edo State?
Nigeria is a constituent of States or ethnic divide with different human, material and political potentials (resources), which requires differential approach towards achieving their sectoral economic development”.
The approach by the Comrade Governor led administration must has been seen by his analyst as a suitable method of reviving Edo State, as I have heard in various argument placed by sympathizers of the administration, that structural development is a first that would help Edo draw up investor that could help revive the Economy of the State.
In my argument I totally disagree with the Comrade Gov. and his administration sympathizers on this technique rather I would use my next view paragraph to suggest a viable technique that would help the Edo people pick up their Economy and generate enough revenue to effect structural developments.

Solving Edo State Using its Human and Natural Resource
In my categorizing of State for economic resolve, I would like to place Edo State under the Categories of socio-political and eco-resource State.

Socio-political - Edo State with its multiple ethnic could be described as a politically active State that enjoys sharing its social activities amidst it diverse political consciousness.
Eco-resource – Edo State, a geographical location best described amongst Nigeria’s rain forest region is blessed with a vast deposit of environmental resource (raw material) in the likes of mineral and terrestrial resource.
The best way towards solving the economic problems in Edo State is by putting these two classifications in to consideration, to promote equity in economic distribution.
Edo State having three (3) senatorial districts has its environmental resources shared evenly around them, making it a proximity in accomplishing total economic recovery around the net coverage of the State
The Gov. Lucky Igbinedion (1999 -2007) made attempts towards this path of economic recovery but failed in the areas of implementation as the corrupt activities in his administration did not allow a well master plan to effective to the lives of the people.
Edo State is one State in Nigeria that prides its self in human resources having been known for performing acts and acts of craft works. It also reigns as a domain for highly rated citadel of learning. But has suffered a crunch in human resource development as a result of poor and abused economic standard, so the first area of interest of any government in Edo State would be Human Development through Resource Utilization.

Resource Utilization

Esan Land (Edo Central Senatorial district) is popular for it fertility for the production of Citric Fruit and root plants like Cassava. It is presently one of the sources of fruit distribution around the Middle belt and Mid Western regions of Nigeria.

The Lucky Igbinedion administration established a phantom Pineapple juice factory at Edhor which had a vast acre of pineapple farm land (well proposed project but . . .). I expect any State administrator to capitalize on this after checking the proposed planned analysis of the project as set by the past government (probing where necessary, for failed implementation).

Building a Fruit Factory at a location where raw material is near could have been an advantage for the State. Establishing an Edo State Fruit Juice Company would help boost the economic stands of the State as this will spiral employment, revenue and promote commercial competition with brands like Chi, Dangote etc.

The Lucky Igbinedion administration established a phantom Cassava mill factory at Uromi which had a vast acre of cassava farm land (well proposed project but . . .). I expect any State administrator to capitalize on this after checking the proposed planned analysis of the project as set by the past government (probing where necessary, for failed implementation).

Building a Cassava Factory at a location where raw material is near could have been an advantage for the State, as this will collectively add up to promote the revival of the Ewu flour mill in the State. Flour and cassava by-product are in large demand and any industrial supply of this product will largely promote the economic factor of the State.

Afemai Land (Edo North Senatorial district) is popular for its chemical and mineral deposits.
 
Also, The Lucky Igbinedion administration established a phantom Fertilizer factory at Auchi. I expect any State administrator to capitalize on this after checking the proposed planned analysis of the project as set by the past government (probing where necessary, for failed implementation).

Fertilizer is a huge market for Agricultural boost. Presently Economist are advising government all over the world to consider increasing its interest on agricultural production as the world is moving towards a visible Food recession. So for a State that proposes economic development for its people, the fertilizer production could have been an investment that would serve for a long time interest.

Its other mineral resources like limestone, granite etc, could also be placed into productivity as a source of promoting industrialization and developing the human resource through employment and career development by way of industrial input and training.

The present Structural development project been embarked upon by the State government has not been able to fulfill the economic revival of the State but if the government has considered human development first through industrial actualization and allow revenue collection fund structural development, then the Area of Nigeria called Edo State could have now been approaching a splendid Economic Recovery.

Other Areas in Edo State that needed industrial investment to promote its Economy are:

i.      Bendel Brewery 
ii.     Okpella Cement Factory (requires PPP from a fresh National investor)
iii     Tourism 
         a.  Oba Palace
         b.   Ososo Mountains
         c.    the Benin Morts 





...... continue from SOLVING A NATION: ECONOMIC RECOVERY THROUGH STATE POTENTIALS UTILIZATION III

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