Jonathan Adeyemi Aremu, is a Professor of International Economic Relations at the Covenant University (CU), Ota, Nigeria and a Consultant, at ECOWAS (Economic Community of West African States) on Common Investment Market (ECIM), Abuja. Aremu started a successful career at Central Bank of Nigeria (CBN) where he rose from Assistant Economist in 1980 to become the Acting Assistant Director of Research before voluntarily retiring in December 1992.
Aremu has a Ph.D. degree in International Relations (Economics). He lectures at Covenant University (CU) since its inception in 2002 till date. In the last three decades, he haspublished numerous articles on trade, investment and on issues on international economic law in national, regional and international journals. Among his outstanding publications is his book on “Attracting and Negotiating Foreign Direct Investment with Transnational Corporations in Nigeria (2005)”. In addition to lecturing at CU,Aremu was also on the Board of Regents of the University since inception of the university till 2010, during which time he served as Acting Vice Chancellor of the institution between 2004 and 2005. His membership of the Board of Regents at CU was transferred to Landmark University (LU), when the latter was established in in 2010. He later served as the Pioneer Pro- Chancellor and Chairman of Council of LU until 2012.
At ECOWAS level, Aremu was appointed by European Union (EU) through Bizclim, as the Monitoring Expert on the Establishment of an ECOWAS Investment Guarantee /Reinsurance Agency, in 2011. Earlier in 2007, EU equally appointed him as the Financial Expert to draft ECOWAS Community Investment Code and the Investment Policy Framework in preparation for the ECIM in the Region. Before these appointments, he was a member of Thematic Group on Investment in the Economic Partnership Agreements (EPAs) negotiation between European Union (EU) and ECOWAS Community in 2005. This assignment is combined with his position (since 2007) in ECOWAS Commission as the Lead Consultant on the ECIM for the region (to coordinate the establishment of ECOWAS Payments and Settlement System, ECOWAS Capital Market Integration, Common Investment Code and Policy, among others). The ECOWAS Investment Code and Investment Policy was adopted by Heads of State and Government of the Community on 22nd December, 2018.
Other assignment assignments still being handled by the Professor at ECOWAS level are: (a) a Member of ECOWAS Tax Harmonization Committee of Experts; (b) Expert in conducting a Study on ECOWAS Trade in Services Policy Review, assisted by UNCTAD and GIZ; and (c) provision of Technical Assistance and Services to the Federation of West African Chambers of Commerce and Industry (FEWACCI) activities, in the ECOWAS Commission. He is a member of Invest in Africa (see www.investinafrica-now.com), a first-class private investment promotion agency offering enabling investment climate and increased investment transactions for African Continent.
At Continental and International levels, United Nations Industrial Development Organization (UNIDO) appointed Aremu as the National Coordinator/Country Team Leader of UNIDO Investment Survey in Nigeria in 2009. Also, he was among the national experts appointed by the Federal Government of Nigeria in 2012 to develop a new Trade Policy for implementation in Nigeria. He was appointed in October, 2018 by Federal Government as a Member of the Technical Working Group (TWG) on the Nigeria Impact and Readiness Assessment of the African Continental Free Trade Area (AfCFTA). Nigeria accepted Technical Working Group of the Committee’s Report and signed the AfCFTA on the 7th, July, 2019. Aremu is a member of the technical experts that developed the Pan African Investment Code (PAIC) for African Union (AU) from 2014-2016. He is also a Member of the Technical Working Group of the AfCFTA Unit of AU responsible for the development of the on-going Protocol on Investment in the next phase of the AfCFTA; (see UNECA Publication on Assessing Regional Integration in Africa (ARIA): Next Steps for the AfCFTA , July, 2019)
Aremu is a life member of both the Nigerian Economic Society (NES) since 1990 as well as Nigerian Society of International Law (NSIL) since 1998. He was among the first Merit Award Winners of NSIL (Asaba, 2005); former National Publicity Secretary of the Society (NSIL) from 2004-2017; and also, a member of NSIL Research Group. Professor. Aremu is a member of Nigerian Institute of International Affairs since 1993, the current Facilitator of Trade, Investment and Competitiveness Commission of the Nigerian Economic Summit Group (NESG).