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The Financial and Business Online Publisher (FiBOP) is urging the Federal Government of Nigeria to intervene and request the German government not to proceed with the deportation of approximately 12,000 Nigerians.
Expressing concern, FiBOP emphasizes that such deportations could worsen economic hardships 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 released today, FiBOP calls for diplomatic efforts to address the root causes of migration and collaborate on comprehensive solutions that prioritize the interests of both nations.
The organization points out that Nigeria is already grappling with significant economic challenges and rising insecurity, 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.
Amid persistent economic and security concerns, FiBOP’s call to action underscores the importance of diplomatic dialogue in resolving migration issues without worsening 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.
