Connect with us

Travel

Canada Welcomes 10,180 New Immigrants from Nigeria, Africa’s Largest Economy, in First Half of 2023

Published

on

Justin Trudeau

Canada has warmly embraced a total of 10,180 new immigrants from Nigeria, the continent’s leading economy, during the initial six months of 2023.

The latest data provided by Immigration, Refugees and Citizenship Canada (IRCC) illustrates that the nation registered an increase of 0.74 percent in Permanent Residents (PRs) from Nigeria in the first half of this year compared to 2022, when the number stood at 10,105.

Throughout the years, Canada has actively pursued an open-door policy towards immigration, primarily driven by its demand for skilled workers.

Toyyib Adelodun, a prominent immigration consultant based in the UK, stated, “Canada’s welcoming attitude towards immigrants is underscored by its need to address skill shortages.”

Unlike the United Kingdom, where entry might be comparatively easier but the journey to citizenship is extended, Canada’s approach is distinct. Adelodun further explained that “Even during the processing of your PR application, you have the flexibility to visit Canada.”

A Permanent Resident status in Canada grants non-Canadian citizens the right to reside and work in the country indefinitely. It is an immigration visa that affords access to numerous social and healthcare benefits akin to those enjoyed by Canadian citizens, along with protection under Canadian law.

The IRCC data also reveals that among the total influx of 263,180 new immigrants, Nigeria, Africa’s most populous nation, secured the fourth position, trailing behind the Philippines (14,450), China (18,760), and India (84,425). The subsequent countries on the list are Afghanistan (7,670), the United States (6,675), Pakistan (6,355), Eritrea (5,910), France (5,750), and Iran (4,840).

With a dwindling aging population and a declining birth rate, Canada has been confronting a contraction in its labor force. To counter this challenge, the country has intensified its efforts to attract youthful and dynamic immigrants by implementing immigration-friendly policies.

In an ambitious move, the Canadian federal government declared its goal of admitting 500,000 immigrants annually by 2025, anticipating a cumulative inflow of nearly 1.5 million new immigrants within the next three years. Notably, in 2022, Canada welcomed 437,120 Permanent Residents, marking an approximately eight percent surge compared to the preceding year.

In addition to Permanent Residents, Canada has also been a favored destination for international students. Among the top source countries for these students, India (175,021), Nigeria (43,482), the Philippines (21,902), China (14,975), and Nepal (12,776) stand out, as indicated by the IRCC’s data.

In a series of developments this year, Canada introduced measures aimed at simplifying the process for the families of recent immigrants to relocate to the country. This announcement closely followed the UK’s decision to impose restrictions on foreign students bringing their families to the UK starting next year. In the same month, Canada unveiled a new category-based selection approach for its express entry system, designed to address labor shortages and bolster the economy.

While higher education and work opportunities are the primary driving factors for permanent emigration, Nigeria’s current socio-economic challenges, including high inflation, unemployment, and fragile economic growth, have compelled its citizens to seek better prospects abroad.

In line with data from the National Bureau of Statistics, Nigeria’s inflation rate surged to nearly 18-month highs at 24.08 percent in July 2023, accompanied by a record unemployment rate of 33.3 percent as of 2020, which has contributed to heightened insecurity within the nation. Last year, the NBS reported that 133 million Nigerians were living in multidimensional poverty, a notable increase from the 82.9 million individuals classified as poor in 2019 according to national standards.

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

British Airways Owner IAG Prepares for Summer Surge Amid High Travel Demand

Published

on

british-airways

As the world gradually emerges from the grip of the pandemic, the travel industry is witnessing a resurgence in demand with British Airways owner IAG SA gearing up for a busy summer season.

Despite lingering challenges, the airline conglomerate remains optimistic about the outlook, citing strong demand for travel within Europe and across the Atlantic.

In a recent stock exchange filing, IAG disclosed an adjusted operating profit of €68 million ($73.3 million) for the three months ending March.

According to Chief Executive Officer Luis Gallego, the group’s core markets, including the North Atlantic, South Atlantic, and intra-Europe routes, have shown robust performance, positioning them well for the upcoming peak travel period.

With vaccination rates increasing and travel restrictions easing in many parts of the world, consumers are eager to resume travel plans, fueling the surge in demand.

However, the road ahead is not without its challenges. While travel within Europe and across the Atlantic remains strong, other regions present a more complex operating environment.

The ongoing conflict in the Middle East has dampened demand for certain destinations, while airspace restrictions resulting from geopolitical tensions, such as the Russian invasion of Ukraine, have disrupted flight routes to East Asia.

Despite these hurdles, IAG remains resilient, banking on the strength of its core markets and the performance of its brands to weather the storm.

The company’s strategic positioning and proactive measures to adapt to changing circumstances have positioned it to capitalize on the rebound in travel demand.

As the summer season approaches, IAG is focused on ensuring operational readiness to meet the surge in passenger numbers.

With travelers eager to reconnect with loved ones, explore new destinations, and embark on long-awaited vacations, the airline group stands ready to facilitate safe and seamless travel experiences.

As vaccination campaigns progress and travel sentiment rebounds, IAG’s proactive approach and strategic investments position it as a key player in the aviation industry’s recovery journey. With optimism on the horizon, the company remains committed to delivering exceptional service and fostering a seamless travel experience for passengers worldwide.

Continue Reading

Travel

Paystack and Africa World Airlines Team Up to Enhance Passenger Experience

Published

on

Paystack - Investors King

Paystack, a leading financial technology company specializing in payment processing services, has announced a strategic partnership with Africa World Airlines (AWA), a prominent regional carrier operating in West Africa.

This collaboration unveiled through a joint statement by Jonathan Appiah, the Head of Commercial at Africa World Airlines, and Shola Akinlade, the Co-founder and CEO of Paystack, heralds a new era of convenience and efficiency for air travelers within the region.

The partnership aims to streamline the flight booking and payment process, offering passengers an array of seamless payment options tailored to their preferences.

With the integration of Paystack’s advanced payment gateway, passengers flying with Africa World Airlines can now enjoy hassle-free transactions, enhancing the overall travel experience.

Jonathan Appiah expressed excitement about the partnership, emphasizing AWA’s commitment to providing its customers with exceptional service.

He highlighted that the collaboration with Paystack allows AWA passengers in Ghana, Nigeria, and beyond to benefit from diverse payment methods, including card, mobile money, Apple Pay, bank transfers, USSD, PayAttitude, and QR codes.

“We are thrilled to partner with Paystack to offer our passengers a more convenient and streamlined booking and payment experience,” said Appiah. “At AWA, we are constantly seeking ways to enhance the overall travel experience for our customers, and we believe that this partnership with Paystack will significantly contribute to achieving that goal.”

Shola Akinlade, echoing similar sentiments, expressed Paystack’s enthusiasm for the collaboration, highlighting the company’s dedication to making the booking process accessible and inclusive for travelers across the region.

“We are excited to partner with Africa World Airlines to provide passengers with a convenient and reliable payment experience,” stated Akinlade. “By offering a variety of payment options, we aim to make the booking process more accessible and inclusive for travelers across the region.”

The joint efforts of Paystack and Africa World Airlines signify a commitment to innovation and customer-centric solutions in the aviation industry. As air travel continues to evolve, partnerships like these pave the way for enhanced passenger experiences and greater convenience in the skies of Africa.

Continue Reading

Travel

Air Peace Flight Makes Emergency Landing Due to False Fire Warning

Published

on

Passengers aboard Air Peace Flight APK7193 experienced a tense moment as the aircraft made an emergency landing at Murtala Muhammed Airport in Lagos following a false fire warning in the cockpit.

The incident, which occurred on Thursday during the flight from Port Harcourt, highlighted the swift response and safety protocols implemented by the flight crew amidst the alarming situation.

With 243 passengers and 12 crew members on board, the flight’s pilots noticed a fire warning indicator in the cockpit, prompting immediate action.

Acting swiftly, the pilots executed all necessary safety measures and initiated an emergency landing procedure.

At 4:45 pm, the aircraft safely touched down on Runway 18L at the Lagos airport, averting a potential crisis.

Upon landing, fire fighting personnel stationed at the airport observed smoke emanating from the engines, prompting the pilots to shut down the engines as a precautionary measure.

However, it was later confirmed that the observed smoke was unrelated to any fire event, reassuring passengers and crew of their safety.

Air Peace promptly issued a statement addressing the incident, titled “Notification of false fire alarm on Port Harcourt-Lagos flight.”

The airline clarified that the fire warning indicator noticed in the cockpit was indeed a false alarm.

The statement emphasized the airline’s commitment to safety and reassured the flying public that all necessary precautions were taken to ensure the well-being of passengers and crew.

“We want to reassure the flying public that safety remains our utmost priority, and we are unwavering in our commitment to it,” the statement read.

Despite the momentary panic caused by the false fire warning, the swift and coordinated response of the flight crew, coupled with adherence to safety protocols, ensured a safe and uneventful landing for all passengers and crew members.

The incident serves as a testament to the importance of rigorous safety procedures and the critical role played by well-trained aviation professionals in ensuring passenger safety.

As investigations into the cause of the false fire warning are likely underway, Air Peace’s response underscores the airline’s dedication to transparency and accountability in addressing safety-related incidents.

Passengers and industry stakeholders alike can take solace in the airline’s commitment to maintaining the highest standards of safety and operational excellence.

Continue Reading
Advertisement




Advertisement
Advertisement
Advertisement

Trending