FEATURE
NIGERIA’s NEXT GENERATION OF GROWTH -
Creating a Symbiotic Global Trade Ecosystem
T
he Next Generation of Growth is a concept created and developed by GRC MOTORSPORT LIMITED to enhance the synergy of sustainable commodity supply, economic growth, and profitability in global trade.
The Next Generation of Growth focuses on creating a symbiotic ecosystem of global trade, with the provision of structured and sustainable Commodity; Commodity Supply Source; Commodity Trading Hubs and efficient Global Trade Routes. The pioneer implementation of the Next Generation of Growth is to link Nigeria to the International Trade Network. The foundation of ‘Nigeria’s Next Generation of Growth’ is built on Tourism, Human Development, Agriculture, and Mining (THAM), also referred to as ‘The 4 Pillars of Growth’ and to be supported by Rural Urbanisation, Industry, Technology and Digital Science. ‘The Next Generation of Growth’ is to be initiated through the establishment of dedicated and integrated master-planned self-reliant 21st-century cities – U-City, with structured commodity-export sectors to drive independent economies across Rural Nigeria, thereby creating a network of commodity cities and trade posts throughout Nigeria. Nigeria’s Next Generation of Growth will be labour intensive, co-active, co-living, people-oriented policies and entrepreneur development.
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This concept will transform Nigeria to be one of the leading countries in the global trade, achieving her economic miracle and becoming the emerging Economic cornerstone of the World. GLOBAL TRADE IN HISTORY: Trade refers to a worldwide pattern of exchange in which goods and services produced in one geopolitical jurisdiction are consumed in another. Archaeological evidence suggests that humans have engaged in formal models of exchange for longer than five thousand years. Informal patterns of trade based upon infrequent contact, have linked small human groups since the Palaeolithic period of history. Trade connections in the ancient world were rooted in regional tribute systems and augmented by long-distance overland and seaborne trade. The Sumerian civilisation, often considered the world’s oldest, developed an operation of a political and economic organisation predicated upon a city-state model. Cities exacted tribute payments from the surrounding rural areas in the form of food. The towns Ur, Uruk, and Lagash, traded resources and finished goods amongst each other. Similarly, the Harappan civilisation located in North-western India developed trade ties with cities in Mesopotamia. The distinctive square seals created at Harappa and Mohenjo-Daro have been found far to the west in the Tigris and Euphrates valleys. By the time of the Roman Republic (509 BCE – 27 BCE), trade connections stretched from Carthaginian North Africa, through the Phoenician trading www.cometonigeria.com
