The Financial and Business Online Publisher (FiBOP) has asked the Federal Government of Nigeria to do everything within its powers to prevent the German government from the deportation of about 12,000 Nigerian diaspora in the country.
Expressing concern, the Finance and Business Online Publishers, FiBOP, noted that such deportation could worsen economic hardship and exacerbate existing security challenges in Nigeria.
Highlighting the multifaceted challenges facing the nation, FiBOP argues that mass deportations would only intensify ongoing economic struggles and contribute to prevailing insecurity issues.
In a statement, FiBOP called for diplomatic efforts to address the root causes of migration and collaborate to find comprehensive solutions that would prioritize the interests of both nations.
The publishers pointed out that Nigeria is already grappling with significant economic and security challenges, making the deportation of a large number of citizens a potential catalyst for further unrest.
“FiBOP underscores the need for collaborative efforts between the Nigerian and German governments to explore alternative solutions aligned with the interests of both countries.
“It is worth noting that diaspora remittance in the year 2022 totaled 20.13 billion U.S. dollars. In 2022, personal remittances received in Nigeria increased by 0.7 billion U.S. dollars (+3.59 percent) since 2021, helping cushion the adverse balance of trade in favor of the country.
“Therefore, any attempt in this regard by Germany is bound to have an adverse impact on the economy or further exacerbate harsh economic fundamentals.” The statement read.
Amid persistent economic and security concerns, FiBOP’s call to action underscores the importance of diplomatic dialogue in resolving migration issues without worsening the challenges faced by the Nigerian population.
The appeal seeks to foster a cooperative approach to address the complexities surrounding migration and its impact on the socio-political landscape of Nigeria.
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