World Bank Urges Nigeria To Create Bilateral Migration Policy

The world bank has urged the federal government to create a bilateral migration policy, as a result of the persistent migration of Nigerian youths abroad.

Samik Adhikari, A World Bank Economist has urged Nigeria to sign bilateral migration agreement with countries in need of skills, which migrants from Nigeria possess. Samik disclosed this during a webinar titled “Nigeria: Perspectives on Labour Migration and Diaspora”

He further explained that Nigeria could sign agreements with countries such as the United Kingdom, which is in need of nurses, construction partnership with Germany and ICT partnership with other European countries and global partners.

The world bank economist dissected the labor structure as it relates with the working population in Nigeria. He said “If we look at the population pyramid of Nigeria between now and 2015, we know that the working age population is set to expand by 133 million between now and 2050 adding to the existing employment pressure in the economy, whereas high income OECD countries are facing a rapidly aging population.”

“While the population has expanded rapidly, we also know for a fact that the opportunities in the Nigerian labour market have dried up. So the first one really is on securing more and larger partnerships with destination countries.

 “Many countries in Sub-Saharan Africa including Nigeria, remain young and will remain young until 1950. If we look at comparable countries there Nigeria’s population growth is the steepest in terms of growth compared to other countries such as Bangladesh, Indonesia, between now and 2015.