ECONOMIC IMPACT OF MIGRATION FROM DIFFERENT REGIONS OF THE WORLD TO NIGERIA

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ECONOMIC IMPACT OF MIGRATION FROM DIFFERENT REGIONS OF THE WORLD TO NIGERIA

Abstract:

Migration has been a longstanding phenomenon shaping the economic, social, and cultural landscapes of nations worldwide. In the context of Nigeria, a country experiencing significant migratory flows from diverse regions across the globe, understanding the economic impact of such migration is imperative. This study examines the economic implications of migration to Nigeria from various regions of the world. Utilizing both quantitative and qualitative methodologies, including data analysis and case studies, the research assesses the contributions of migrants from different regions to Nigeria’s economy. It explores key economic indicators such as remittances, labor market dynamics, entrepreneurship, and investment patterns. Additionally, the study investigates the socio-economic integration of migrants into Nigerian society, considering factors such as education, healthcare, and social welfare. By providing a comprehensive analysis of the economic impact of migration from diverse regions to Nigeria, this research aims to inform policymakers, stakeholders, and the general public about the opportunities and challenges associated with migration and to contribute to evidence-based policy formulation and implementation in the context of migration management and economic development.

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