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Migration and Economic Development in Nigeria

Author

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  • Dennis Brown Ewubare

    (Department of Economics, Faculty of Social Sciences, Rivers State University, Nkpolu Oroworukwo)

  • Godwin Dave Odu

    (Department of Economics, Faculty of Social Sciences, Rivers State University, Nkpolu Oroworukwo)

Abstract

The study investigated the effect of migration on economic development in Nigeria from 1981 to 2021. The study used poverty (PVT) to proxy economic development as the dependent variable while net migration rate (NMG), international migration stock (IMG) and rural-urban migration (RBM) were used as the explanatory variables. Descriptive statistics, unit root test, bound cointegration test, as well as Autoregressive distributed lag (ARDL) were employed to analyse the data. The study reveals that both in the short run and long run, net migration (NMG) had a negatively insignificant impact on economic development; in the short run and long run international migrant stock (IMG) had a positive and insignificant impact on economic development. Also, in the short run, rural-urban migration (RBM) had a positive and insignificant impact on economic development in Nigeria while it had a negative and insignificant impact on economic development over the data period. The study thus concluded that migration did not promote economic development in Nigeria within the period under review. The study recommends that The Nigerian government should handle the migration crisis promptly, contribute to job creation, and improve the environment to discourage people from moving, as well as encourage its skilled workforce overseas to come home to aid in national development.

Suggested Citation

  • Dennis Brown Ewubare & Godwin Dave Odu, 2024. "Migration and Economic Development in Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(12), pages 2561-2572, December.
    • Handle: RePEc:bcp:journl:v:8:y:2024:i:12:p:2561-2572
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    References listed on IDEAS

    as
    1. Dean Yang, 2008. "International Migration, Remittances and Household Investment: Evidence from Philippine Migrants’ Exchange Rate Shocks," Economic Journal, Royal Economic Society, vol. 118(528), pages 591-630, April.
    2. Matthew Kirwin & Jessica Anderson, 2018. "Identifying the Factors Driving West African Migration," West African Papers 17, OECD Publishing.
    3. Cuneyt Kilic & Mesut Yucesan & Halil Ozekicioglu, 2019. "Relationship Between Migration and Unemployment- Panel Data Analysis for Selected OECD Countries," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 15(3), pages 101-111.
    4. David McKenzie, 2017. "Poverty, Inequality, and International Migration: Insights from 10 Years of Migration and Development Conferences," Revue d’économie du développement, De Boeck Université, vol. 25(3), pages 13-28.
    5. Ian Goldin & Kenneth Reinert, 2006. "Globalization for Development : Trade, Finance, Aid, Migration, and Policy," World Bank Publications - Books, The World Bank Group, number 6996.
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