Spread the love
Natural resources are a primary source of economic growth in rural areas. Along the way, rural outposts grow into small and then large cities. Their growth depend on their ability to access natural resources and the water highways of the area.
Many rural areas with natural resources continue to grow. The growth, however, is not driven by resources extracting industries that have actually declined, but by the high quality of life associated with natural amenities in the areas. People visit and move to naturally endowed areas to enjoy the amenities they offer. Millions of people visit attractive rural areas rich in natural amenities to camp, ski, bike, hike, boat, or fish. Amenity-rich areas are increasingly attractive to the creative class.
NOW, how do our abundant natural amenities impact the rural economy of Bunu land? Obviously, natural amenities support growth in tourism-based industries, industries serving retirees, and industries employing the creative class. This evidence suggests that our rural areas could utilize natural amenities when forming an economic development strategy.
Going by the above analogy, you can agree with me that Bunu is still at a crossroad. In spite of our natural endowments which include *fertile arable soil, high mineral deposits in gold and other precious stones, tourist attraction sites etc*, we can’t boast of any sustainable production industry in the whole of Bunu District. Sad!
Anyway, in elementary commerce where we learned the simple factors of industrialization, this could have being a value added but Bunu is being faced with the huge challenge of basic amenities like poor road network, unavailable power supply, non-banking institutions, inadequate security etc.
Consequently, our quest for Enough-is-Enough is timely.
#EnoughIsEnough
– Emmanuel Oni writes from Bunu
Spread the love
