Business A.M
No Result
View All Result
Sunday, June 7, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Small Business

Nigeria’s faltering economy influencing irregular migration, IYAMIDR warns

by Admin
January 21, 2026
in Small Business

Onome Amuge

The Initiative for Youth Awareness on Migration, Immigration, Development and Reintegration (IYAMIDR),  has warned that Nigeria would continue to witness an increase in irregular migration of its citizens  if issues such as the high unemployment rate , harsh business environment, security challenges, food insecurity and other negative factors are not readily curtailed by the government and other empowerment agencies.

Solomon Okoduwa, executive director of the non-governmental organisation , made the disclosure while speaking with newsmen in Benin, the Edo State capital.

The former aide to Governor Godwin Obaseki on anti-human trafficking issues, explained that asides the post covid-19 challenges which is a global occurrence, the severe economic reality bedevilling Nigeria would also form part of the reason why many Nigerians, particularly the youths, will be seeking greener pastures outside the shores of the country.

Okoduwa noted that as a result, the activities of some syndicates who lure young people abroad was also increasing,  adding that over 55 persons flee Benin weekly by road through Niger Republic to take the Mediterranean Sea to Europe, an activity that has become predominant in other parts of the country.

While bemoaning that many of these illegal migrants die before they get to their destinations, he stated that genuine approach must be developed by the government at all levels to stem the tide.

According to Okoduwa, the migrants narrow their grievances to unemployment and hunger, while others see the widening exchange rate between the naira and other foreign currencies as a compelling force to escape from the country.

“If we must address this menace, there must be a competitive advantage for school leavers whose population is on the rise. Moreso, informal skills should be developed by governments at all levels and private organisations should also help in engaging the youths in empowerment programmes,” he said.

Citing the Okomu Oil youth engagement initiative in Edo State, he noted that Okomu Oil  Company accumulated about three thousand returnees from Libya who are currently engaged in  productive activities.

He enjoined the government and other corporate bodies as well as private organisations to take a similar step towards engaging  more Nigerians and also, create an enabling environment that would be beneficial to their livelihood

Admin
Admin
Previous Post

Copper eyes record level amid demand recovery

Next Post

Access Bank berths fully in South Africa after Grobank takeover

Next Post

Access Bank berths fully in South Africa after Grobank takeover

  • Trending
  • Comments
  • Latest

How UNESCO got it wrong in Africa

May 30, 2017

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

South Africa holds firm as Nigeria pushes insurance expansion 

South Africa holds firm as Nigeria pushes insurance expansion 

June 7, 2026
Ship Registry

Ship Registry may hold key to Nigeria’s global maritime power

June 7, 2026
Enugu State

Double-decker trophy parade gives the lie to Enugu State’s brand building

June 7, 2026
Sovereign Trust remits N1.5bn statutory deposit

Sovereign Trust remits N1.5bn statutory deposit to CBN amid reforms

June 7, 2026

Popular News

  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

South Africa holds firm as Nigeria pushes insurance expansion 

South Africa holds firm as Nigeria pushes insurance expansion 

June 7, 2026
Ship Registry

Ship Registry may hold key to Nigeria’s global maritime power

June 7, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M