A latest PwC report has revealed that 448,400 Nigerian immigrants could also be straight impacted if the U.S. authorities enforces stricter immigration insurance policies in 2025.
The report, titled International Financial Coverage Adjustments and Implications for Nigeria, famous that Nigerians accounted for 16.3% of the overall African-born inhabitants within the U.S. as of 2022, making them the biggest group of African migrants within the nation.
In keeping with PwC, African-born immigrants within the U.S. totaled 2.75 million in 2022. Of this quantity, Nigeria led with 448,400 migrants, adopted by Ethiopia (293,100), Egypt (229,200), and Ghana (215,300).
The report projected that tighter immigration guidelines in 2025 might considerably cut back the influx of African migrants and have an effect on the amount of remittances despatched again to the continent.
“There was a complete of two.75 million African-born immigrant inhabitants within the U.S. as of 2022
“Nigerians could also be affected by stricter immigration insurance policies, as they comprise of about 16.3% of African-born U.S. migrants in 2022,” PwC acknowledged.
Prime African nations by immigrant inhabitants within the U.S. (2022)
- Nigeria – 448,400
- Ethiopia – 293,100
- Egypt – 229,200
- Ghana – 215,300
- Kenya – 168,900
- South Africa – 139,300
- Somalia – 100,100
- Liberia – 92,900
- Morocco – 89,900
- Cameroon – 89,200
- DR Congo – 60,100
- Sudan – 56,300
- Eritrea – 49,200
- Sierra Leone – 47,400
- Cape Verde – 45,900
What you must know
Trump’s return to workplace raised considerations for Nigerians planning to check, work, or immigrate to the U.S., because of the possible reinstatement of strict immigration insurance policies that would influence scholar visas, journey restrictions, and remittance flows.
- Throughout his first time period in 2020, Trump’s administration imposed journey bans on Nigeria and different nations, citing nationwide safety considerations.
- These insurance policies brought on vital delays in processing visas for Nigerians, together with college students, professionals, and households. Along with his return to workplace, there’s apprehension that related restrictive measures could also be reintroduced, probably affecting the Nigerian diaspora and people in search of alternatives within the U.S.
- The Trump administration’s deal with “America First” insurance policies has implications past immigration. Financial insurance policies prioritizing home pursuits might affect international markets, affecting nations like Nigeria. The PwC means that these insurance policies may result in decreased remittance flows, that are a significant supply of overseas trade for Nigeria.
The Central Bank of Nigeria disclosed that non-public remittance inflows from the Nigerian diaspora rose to $20.93bn in 2024, reflecting an 8.9 per cent improve year-on-year.
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