Connect with us

Travel

World Bank Report Reveals Low-Skilled Nigerian Migrants Earn 1,500% More in the US

Published

on

Nigerian International passport- Investors King

According to a recent report released by the World Bank, low-skilled Nigerians who migrated to the United States have experienced a significant increase in their earnings by 1,500 percent.

The World Development Report 2023: Migrants, Refugees, and Societies, which was released on the World Bank’s website on Tuesday, sheds light on the potential gains from migration for people who move from low to high-income countries.

The report suggests that although the absolute gains are larger for high-skilled workers than for low-skilled workers, low-skilled workers experience a multifold increase in their income as well. The report further notes that the potential gains are highest for people who move from low- to high-income countries.

The labor demand at the destination also shapes outcomes, and gains depend on migrants’ skills, gender, age, and language ability.

Nigeria is a major origin and destination for migrants, and the report notes that Nigeria is home to almost 1.3 million immigrants and is the origin of 1.7 million emigrants. The report also reveals that in Nigeria, households that receive remittances invest more in agrochemicals and planting materials, and their farms have larger yields.

However, the report also highlights some challenges that low-skilled migrants face. Migrants incur a range of expenses before their departure, from job information and job matching fees to regulatory compliance or documentation fees.

For low-skilled migration, these costs tend to be borne by the workers, thereby contravening the principles of fair recruitment. These costs tend to increase with the duration of contracts, and they limit the ability of many low-skilled workers to benefit from migration opportunities.

The report further notes that Nigeria and nine other countries account for more than two-thirds of the 59.1 million internally displaced persons, with about 3.2 million IDPs in Nigeria. The report highlights the need for policies that address displacement and forced migration, which can lead to significant social, economic, and political costs.

Despite the challenges faced by low-skilled migrants, the report underscores the potential gains from migration for individuals and societies. The report urges policymakers to address the root causes of displacement and forced migration and to create opportunities for safe, orderly, and regular migration.

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

Continue Reading
Comments

Travel

Air Peace Flight Delayed, Passengers Stranded After Failed Promise of Hotel Stay

Published

on

Passengers aboard an Air Peace flight from Abuja to Owerri found themselves in a state of disarray and frustration after a series of delays and unmet promises left them stranded without accommodations.

What was supposed to be a routine flight scheduled to depart Abuja at 4:30 PM and arrive in Owerri at 5:30 PM turned into a nightmare as the flight was delayed until 6:18 PM due to a reported lack of a pilot.

However, midway through the journey, passengers were informed that the flight couldn’t proceed to Owerri because the airport there would close by 6:40 PM.

The flight was forced to return to Abuja, where passengers endured further uncertainty as they waited for over 20 minutes to receive any communication from the airline. Eventually, they were informed of plans to provide a bus to transport them to a hotel for accommodation.

However, this promise was not fulfilled, leaving passengers stranded and scattered around the airport.

One passenger, who had already experienced delays with another airline earlier in the day, expressed frustration at the lack of accountability and protection for travelers.

The incident highlights the ongoing challenges faced by passengers in Nigeria’s domestic aviation sector and raises questions about the adequacy of regulations to safeguard passengers’ rights.

Attempts to reach Air Peace for comment on the situation were unsuccessful at the time of reporting.

Continue Reading

Travel

Emirates Halts Check-Ins Amid Severe Weather Disruption

Published

on

Emirates Airline

Emirates, the largest international airline, has taken the unprecedented step of halting all passenger check-ins for the day.

The move comes as the emirate grapples with severe weather disturbances, including heavy rainfall and storms, leading to widespread travel chaos in one of the world’s busiest aviation hubs.

The airline announced that check-ins for all passengers would be suspended from 8 am local time until midnight, as the adverse weather conditions continue to wreak havoc on travel plans.

Despite the disruption, Emirates assured that transit passengers would still be allowed to proceed to their connecting flights.

Dubai, known for its modern infrastructure and bustling aviation industry, has been brought to a standstill by the relentless rainfall and storms.

The inclement weather has resulted in delayed or diverted flights, leaving travelers stranded and adding to the existing challenges posed by the ongoing global pandemic.

Emirates has pledged to exert all efforts to restore its scheduled operations and provide support to affected customers amidst the chaos.

However, the extent of the disruption caused by the adverse weather conditions underscores the resilience and adaptability required to navigate unforeseen challenges in the aviation sector.

As the situation unfolds, authorities and airline personnel are working tirelessly to mitigate the impact of the severe weather on travel operations and ensure the safety and well-being of passengers.

Despite the temporary setback, Emirates remains committed to maintaining the highest standards of service excellence and operational efficiency, even in the face of unprecedented challenges posed by Mother Nature.

Continue Reading

Travel

Ethiopian Airlines Group Celebrates 78 Years of Excellence and Innovation

Published

on

ethiopian airlines

Ethiopian Airlines Group, Africa’s leading airline organization, commemorated its 78th anniversary with a tribute to its rich history of resilience and innovation since its inception in 1946.

Led by its Group Chief Executive Officer, Mr. Mesfin Tassew, and Chief Commercial Officer, Mr. Lemma Yadecha, the airline marked this significant milestone with a special flight to Cairo, retracing its inaugural international service route.

Reflecting on the occasion, CEO Mesfin Tasew emphasized the airline’s enduring commitment to passenger service and servant leadership.

He highlighted Ethiopian’s journey from modest beginnings to becoming a pioneering force in African aviation, introducing numerous innovations along the way. Tasew’s sentiment encapsulated the airline’s ethos of prioritizing passenger satisfaction and continuous improvement.

In keeping with its tradition of community engagement, Ethiopian Airlines distributed Seasons Greeting Packages and Happy Fasting Messages to passengers, embracing the diverse cultural backgrounds of its travelers.

This gesture underscored the airline’s dedication to fostering unity and inclusivity among its passengers, transcending geographical boundaries.

Chief Commercial Officer, Lemma Yadecha, emphasized the airline’s mission to go beyond transportation, aiming to create a sense of belonging for all passengers.

By assuming roles typically held by ground and flight crew members, Ethiopian Airlines honored its dedicated staff and the countless individuals who contributed to its success over the past 78 years.

As Ethiopian Airlines celebrates this historic milestone, it reaffirms its commitment to service excellence and innovation in the aviation industry, promising to continue leading Africa’s skies with distinction and pride.

Continue Reading
Advertisement




Advertisement
Advertisement
Advertisement

Trending