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50% of Nigerians are willing to move abroad – World Bank

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  1. About 50% of Nigerians are willing to leave Nigeria for a better economic future abroad, an increase of nearly 20% since 2014.

The World Bank disclosed this in its report titled, Of Roads Less Travelled: Assessing the Potential for Migration to Provide Overseas Jobs for Nigeria’s Youth,’ published on its website this week.

The report suggests Nigeria ranked 3rd highest in West Africa behind Liberia (70%) and Sierra Leone (60%) of responders who would move permanently to another country. The least ranked country in the report was Niger Republic at 10%.

The World Bank stated that young Nigerians were increasingly opting for irregular migration routes to realize their hopes for a better life.

With rising migratory pressures created by poor employment conditions, Nigerians are increasingly choosing to migrate through irregular means,” the Bank stated.

It added that Nigerians represented the largest group of migrants from Sub-Saharan Africa arriving in Europe in 2016 and 2017 as nearly 40,000 Nigerians arrived in Italy in 2016 with over 90% of those arriving via sea routes.

A larger share of Nigerian migrants arriving in Italy were women (32 percent) compared to migrants from the rest of SSA (24 percent),” the Washington-based bank stated.

It also revealed that while the number of asylum seekers from Nigeria has declined in recent years, this does not translate as decreased demand for migration from Nigeria.

The drop in migration levels from Nigeria and other Sub-Saharan African countries to Europe is a result of tighter border control policies supported by the EU in transit countries such as Libya and Niger.

However, the underlying economic and demographic factors that create migratory pressures are unlikely to subside in the near future, with other potential irregular routes being reported through Sudan and Chad to Libya,” the Bretton Woods institution added.

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FG, UNIDO partner to strengthen Nigeria’s industrial future

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FG, UNIDO partner to strengthen Nigeria’s industrial future

The Federal Government has signed a Programme for Country Partnership (PCP) agreement with the United Nations Industrial Development Organisation (UNIDO) to drive Nigeria’s industrial transformation.

At the signing ceremony in Abuja on Wednesday, the Minister of State for Industry, Sen. John Enoh, emphasised the significance of the agreement in repositioning the country’s industrial sector.

Enoh said that the partnership aligned with Nigeria’s commitment to rebuilding its industrial base to achieve structural economic transformation.

He said that the Industrial Revolution Work Group (IWG) had been inaugurated to coordinate the revitalisation of key industrial assets and value chains.

According to Enoh, the partnership comes at a time when Nigeria is moving with clarity and urgency to rebuild its industrial base.

He said that it would boost economic growth, and also ensure structural transformation that empowers the people and reduces dependency on primary exports.

Enoh said that the IWG, which he co-chaired with the President of the Manufacturers Association of Nigeria (MAN), Francis Meshioye, was a stakeholder platform designed to address systemic bottlenecks and fast-track industrial zone development.

The minister said that the PCP aligned with the objectives of the IWG, focusing on agro-industrial transformation, SME development, green and digital transition, and skills for industrial competitiveness.

He expressed optimism that UNIDO’s technical expertise and global perspective would enhance Nigeria’s industrialisation efforts through infrastructure development and catalytic interventions.

“We welcome your presence at the table and look forward to integrating your insights into the group’s core operations.

“Nigeria is laying the foundation for the next chapter in its industrial history by modernising institutions, reforming policies, and strengthening coordination across all levels of government,” he said.

Enoh reiterated the government’s commitment to fostering multilateral and bilateral cooperation, urging all stakeholders to transition from agreements to tangible execution.

“As we sign today, we do so with resolve not for the ceremony, but for community-medium impact.

“Let us move together from potential to productivity, from agreement to execution, and from policy to prosperity,” he said.

The Minister Budget and Economic Planning, Sen. Abubakar Bagudu, said that the PCP was expected to boost manufacturing, enhance access to renewable energy, and create opportunities for small and medium enterprises (SMEs).

Bagudu said that it would also strengthen Nigeria’s participation in the African Continental Free Trade Area (AfCFTA).

He reaffirmed the government’s commitment to ensuring the successful implementation of the programme, adding that Nigeria remained open to international investments and partnerships.

“Nigeria is determined to achieve its economic vision, and we will stay the course,” he said.

The UNIDO Director-General, Gerd Müller, described the PCP as a new phase in Nigeria’s longstanding partnership with the organisation, which dates back 40 years.

“This initiative focuses on six key areas, including industrial policy, innovation and technology, value chain development, and sustainable energy solutions.

“It will directly support Nigeria’s National Development Plan and the African Union’s Agenda 2063,” Müller said.

The UN Resident and Humanitarian Coordinator, Mohammed Fall, emphasised that the signing of the PCP marked the beginning of a long-term collaboration to drive Nigeria’s sustainable development.

Fall acknowledged the challenges facing the country but reaffirmed the UN’s commitment to working alongside Nigerian authorities and development partners to implement impactful initiatives.

He highlighted the role of UNICEF and other UN agencies in supporting Nigeria’s economic and humanitarian efforts.

He assured stakeholders that the UN remained dedicated to helping Nigeria transition toward a more resilient and self-sufficient economy.

The News Agency of Nigeria (NAN) reports that the signing ceremony was attended by representatives of Government, the European Union, UNIDO, and other key stakeholders in Nigeria’s industrial sector.

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Economist lauds Tinubu for removing Kyari, Akinyelure, NNPC board

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President Bola Ahmed Tinubu

An economist, Prof. Evans Osabuohien, has commended President Bola Tinubu for removing both the Chairman, Board and Group Chief Executive Officer (GCEO) of Nigerian National Petroleum Company (NNPC) Limited.

Osabuohien, who is Head of the Economics Department at Covenant University in Ota, told the News Agency of Nigeria (NAN) on Wednesday that their removal was a welcome development.

The News Agency of Nigeria (NAN) reports that the removal of Pius Akinyelure, the Company’s Chairman, and Mele Kyari, the GCEO, was announced on Tuesday in Abuja.

Osabuohien said sacking the NNPC board would help to check sharp practices in the petroleum sector.

“The sacking of the NNPC board was a right step in the right direction,” he added.

The economist however stated that the move should not stop there. “There is the need for a holistic probe of that sector,” he said.

Osabuohien said NNPC had been recording losses since in the past two years when it became a private company.

He suggested that the Federal Government should make NNPC a public liabilities company so that there would be a board of directors which would be responsible to the public.

“This will make the sector vibrant and be contributing positively to the economy and generating employment opportunities in the country.”

Osabuohien also urged the Federal Government to look into the recent conflict between the NNPC and Dangote Group.

NAN reports that presidential spokesperson Bayo Onanuga had on Tuesday in a statement said President Tinubu had removed both Akinyelure and Kyari, and all other board members.

The President had instead replaced Akinyelure and Kyari with Ahmadu Kida and Bayo Ojulari respectively.

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Anike Agbaje-Williams, Africa’s First Face on TV, Passes Away at 88

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Anike Agbaje-Williams, Africa’s First Face on TV, Passes Away at 88

Nigeria has lost a broadcasting icon as Chief Anike Agbaje-Williams, Africa’s first female television broadcaster, has passed away at the age of 88.

Her family announced her passing in a statement signed by Mrs. Banji Sokoya, revealing that the veteran broadcaster died peacefully in Ibadan, where she lived most of her life.

“Goodnight, my ever so cherished mummy, boss, and mentor. We’ll surely see in the morning,” the statement read.

Born on October 23, 1936, Agbaje-Williams made history as the first face to appear on television in Africa when she featured on Western Nigerian Television (WNTV) in Ibadan during its test transmission and official launch on October 31, 1959. She was also the first voice heard on Africa’s first commercial radio station, Western Nigeria Broadcasting Service (WNBS), earning her the title of “Double-First.”

She had a distinguished career in broadcasting, rising through the ranks to become a respected producer and director of programmes before retiring in July 1986.

A devoted member of All Saints Church, Jericho, Ibadan, she was also one of its oldest choristers. Her family described her as a beloved mother, grandmother, and great-grandmother whose legacy will be cherished forever.

“The family profoundly mourns the passing of a great icon. We take comfort in knowing she lived a glorious, remarkable, and impactful life. She inspired many fans and mentees over the years,” the statement read.

The family has requested privacy during this period of mourning, with funeral arrangements to be announced later.

 

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