Nigerians are now traveling to other countries in order to become citizens. Canada is a popular destination for Nigerians, which has led to significant intellectual and human flight.
A recent article from Nairametrics showed data that more than 18,000 Nigerians had received permanent residency within 3 years (2018-2020), with many more to come in the next year, as Canada has received a record number of 401,396 migrants in 2021.
Migration is a part of human life. This is true for humans as well as other living creatures like plants, that move towards sunlight, which scientists call Phototropism. However, Nigerians feel like they are moving to other countries. This is because of the darkening Nigerian environment.
According to the World Bank, 50% of Nigerians would be willing to travel abroad in order to achieve their dreams of a better life. Although Nigerians used to travel to study, they now travel abroad in search of better opportunities.
Inflation at double digits and a national currency that is on auto-devaluation, along with insecurity, are some of the main socio-economic challenges that Nigerians face when they move to Canada, especially Canada. It is important to understand the economic factors that motivate Nigerians to move across borders.
Favorable inflationary numbers
Inflation rates are at an all-time high in many countries around the globe. This is largely due to rising global crude oil prices, increased demand for consumer goods, disruption in supply chains, and a variety of stimulus packages offered by various central banks.
The Nigerian consumer price index also rose by 15.4% in November 2021. This is a 12-month high, down from 15.99% in the previous month. Statistics Canada reported that Canada’s inflation rate rose to an 18-year record of 4.7% in November 2021.
Comparing the Canadian figures with that of Nigeria shows that it is 10.7% lower. This indicates a significant difference in the level of price volatility between these two countries. The United States of America saw a significant rise to 7% in December 2021 due to an increase in prices for goods and services. This is the highest rate of inflation in nearly 40 years and it is still low compared to Nigeria’s 15.4%.
An analysis of the trend over the past 10 years shows that Nigeria’s inflation rate averaged 11.75% from 2011 to 2020. This compares with Canada’s average of 1.664% and the United States’ average at 1.73. This shows the difference in inflation pressure between Nigeria and other developed countries.
Immigrants are needed
Canada has a landmass almost 10 times larger than Nigeria’s, and only a small population. Canada’s landmass, at 9.98mi square, is larger than Nigeria’s 923.768km2. According to the World Bank, Canada’s population is 38.01 million. Nigeria’s population, at 206.1 million, is more than five times that of Canada.
Canada’s land is very fertile and the population is small, so it is willing to accept migrants to boost economic growth. It has therefore welcomed immigrants from all parts of the globe and will be welcoming 411,002 and 421,002 immigrants in 2022/23 respectively.
Canada’s immigration level plan states that Canada wants to receive over 1.2 million immigrants within three years. This includes all classes of immigration. The invitations will specifically consider migrants from the economic, family, refugee and humanitarian categories.
Canada’s unemployment rate dropped to 5.9% in December 2021, compared to 6% in the previous month. This is because Canada added 55,000 jobs in December. Nevertheless, Nigeria’s unemployment rate is still at 33.3% in December 2020.
Recently, the Canadian government announced that they will hire students for remote jobs. The government claims that it wants to hire students who can work remotely and make some extra money. He also mentioned “We offer a wide range of jobs from coast-to-coast in diverse fields such as administration and agriculture, communications enforcement, finance, IT policy, and many other,”
Economy below the desirable level
Nigeria is the African continent’s largest economy, with a GDP of $432.29 million in 2020. South Africa and Egypt are close behind. With a population exceeding 206 million people, Nigeria’s GDP per head is $2,097. This ranks seventeenth in Africa.
Despite Nigeria’s large population, the country was unable print significant growth in its GDP. Its GDP was almost four times that of Nigeria’s, and it was $1.64 trillion higher than Canada. Despite the country’s economic problems, including ravaging Nigeria and banditry and insurgency, some Nigerians still have access to expensive FX to help pay for their foreign education.
Nairametrics reports that Nigerians have spent $28 billion over 10 years on foreign schools. This is a result of infrastructural problems in Nigeria, strike action recurrents and other issues in Nigeria’s academic sector.
What are they saying
Miss Adejoke is a nurse practitioner and student in Canada. She shared her reasons for moving to Canada. According to her, Nigeria’s education system is not up to international standards and it is below average.
She said that while it can be difficult to balance being a student and working at the same time in Nigeria, it’s possible to do both in Canada. Adejoke mentioned that Canada and the United States are lands of opportunity and that she has fulfilled all her expectations about leaving Nigeria in five years.
Thomas Abiodun, a British financial expert, explained to him that his main reason for leaving Nigeria was to seek higher earnings than the meager income he received in Nigeria.
He also said that Nigeria’s system was outdated and that he had travelled to Canada to gain access to the best infrastructure, transportation system, uninterrupted power supply, and unhindered data. This is why Nigerian academic success, stability