THE IMPACT OF MIGRATION ON THE NIGERIAN ECONOMY FROM 2002-2018

₦ 5,000.00
i h

ABSTRACT

Migration stands as a pivotal phenomenon that wielded considerable influence over the trajectory of the Nigerian economy within the temporal confines stretching from 2002 to 2018. Nigeria, being the most populous nation on the African continent, assumed the dual role of both a fountainhead and a haven for migratory flows, thereby engendering far-reaching economic ramifications that reverberated across the nation's socioeconomic fabric. A major trend that underscored this epoch was the prevalence of internal migration, with a substantial cohort of Nigerians traversing from hinterlands to burgeoning urban epicenters in pursuit of enhanced economic opportunities. This ruralto-urban exodus served as the impetus behind the meteoric rise of cities such as Lagos, Abuja, and Port Harcourt, which bore witness to a seismic wave of urbanization catalyzed by this influx. The process of urbanization, while harboring an array of positive economic externalities, also bore the brunt of sundry challenges, including but not limited to overcrowding, infrastructural inadequacies, and heightened demands for social amenities. These exigencies, in turn, precipitated an urgent call for substantial governmental investments to redress the resultant strains on urban resources and public utilities, thus underscoring the imperative for nuanced policy interventions.

0.0 0
Write your own review Close
  • Only registered users can write reviews
*
*
  • Bad
  • Excellent
*
*
*
Only registered users can write reviews