Nationalism: Catalyst for economic growth and development for Nigeria

A paradigm shift seems to have been unveiled to allow our country to navigate the economic doldrums and strong challenges the economy faces today through what Dr. (Chief) Onyeama called “Economic Nationalism.”
Economic nationalism, or determinism, is premised to allow us to project our economic indices to partner and develop our resources to the optimum.

Dr. Allen Onyeama, the Air Peace Chief Executive Officer, in a recent interview on Arise Television reminded us all on the need for patriotic individuals to intervene in the commanding heights of the economy, providing as it were and leverage on the need for us to pool our varied resources and business establishments for the growth of the nation. This he highlighted by referencing on the patriotic actions of the Minister of Aviation, Mr Festus Keyamo (SAN).

Chief Onyeama talked on the critical contributions made by the Minister both at home and abroad, which has opened up the aviation sector and today confidence have grown-up and players such as Boeing and others have great confidence in nigeria’s aviation sector.

Nigerians should, therefore, support the all performing ministers or heads of MDAs who are doing great to this great nation.

The term “economic nationalism” is not new, but introduced by this great Nigerian to offer a refreshing new insight in to it.

The underlying perspective is clear, to the extent it allows countries to take result oriented trajectories towards economic survival using prevailing structures for economic sanity and provide profitable access to growth and lifting the economy.

With his (Onyeama) extensive knowledge of the aviation sector, it was easy for him to use it as an index for his analysis.

His analysis, if properly harnessed, has the capacity to redifine our economic landscape and rules of engagement among business conglomerates and appraising their present businesses in tune with concepts of present-day models of making businesses grow their profitability index.

Intrinsic to the whole concept, therefore, is collaboration irrespective of countervailing factors.

This is hoping that economic players will take more than a passing interest in favour of the message and not the messenger.

Further attraction to this model is to simply ensure the protection of varied business concerns, especially at domestic levels, against rampaging external actors who are not favourably disposed to regional growth and competition.

The aviation sector provides ample opportunity for a radical departure from suffocating modes of operation.

Obvious advantages are clear if vigorously pursued, jobs will be saved, employment opportunities created, economic sustained growth, innovations, and pooling resources assured.

Onyeama does seem to be an amplifier of socio-economic development in the country by providing strategic initiatives, piloting societies towards sustainable directions across resources, and goods on a wider scope through connectivity at home and across the globe.

Nigeria, with an ever booming population, is a destination hub for the realisation of this objective for the benefit of the country and the continent.

It is left for critical stakeholders to key into this proposal and bring about collaborative ventures for implementation.

This is a clear demonstration of economic determinism. Using the connectivity of airports and people in nigeria and also deepening the value chain in the aviation sector and should be put into practice by other critical sectors in Nigeria.

There is no doubt that a new page has been opened for economic resurgence.

Honourable U.T. Muhammad
(Jagaban Minna) wrote via [email protected].