Department of Educational Foundation, University of Nigeria, Nsukka
Journal of Applied Sciences and Development [JASD]
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Title |
Department of Educational Foundation, University of Nigeria, Nsukka
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Creator |
Eneh, Onyenekenwa Cyprian
Eneh, A. N. |
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Description |
Rising unemployment and poverty have led to rapid emigration ofpeople from many countries in sub-Saharan Africa to the developedworld. This has dictated brain-drain and brain-waste for theregion. However, recent research on emigration from Mexicoprovides evidence of significant gains from emigration, showingthat countries of origin can have brain-gain from emigration. Thispaper reviews the literature and data on the issues of brain-drainand brain-waste, with a view to highlighting how the Nigeriandiaspora can help with brain-gain to develop and grow waste-towealth enterprises for unemployment and poverty reduction, andthereby growing the economy of their home country. Based onpresent evidence, Nigeria has experienced significant brain-drainand brain-waste, yet the country has plenty of physical wastesyawning for conversion to wealth. The Nigerian diaspora can helpto reduce unemployment and poverty and to grow the ecconomy intheir home country through waste-to-wealth enterprisesdevelopment and growth. The study assumes they have acquired intheir host countries the critical skills and capital (remittance)needed for micro, small and medium waste-to-wealth enterprisesdevelopment and growth. Twenty-one examples of waste-to-wealthopportunities were highlighted, which require establishment costsof US$10,000 upwards and cheap and available sites in the countrysides. Establishing 10 micro, 10 small and 10 medium waste-towealthenterprises in one of the 774 Local Government Areas ofNigeria in a year would create 3,173,400 jobs in one year and31,734,000 jobs in 10 years, with the potential to reduceunemployment and income poverty to the barest minimum and itsdesirable multiplier socio-economic effects, including reduction ofidleness, social vices and insecurity. It is recommended that theNigerian diaspora should bend over backwards to take criticalskills and capital back home to establish and grow waste-to-wealthenterprises for rapid development of their home country.Contributing to building Nigeria in the recommended way willensure their retirement to a fatherland that has become betterdeveloped.
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Publisher |
WELFARE AND INDUSTRIAL PROMOTIONS (WIPRO) INTERNATIONAL
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Contributor |
—
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Date |
2016-12-08
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://jasdevr.org/ej/index.php/jasd/article/view/25
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Source |
Journal of Applied Sciences and Development (JASD); Vol 5, No 1 & 2 (2014)
2536-6939 |
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Language |
eng
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Relation |
http://jasdevr.org/ej/index.php/jasd/article/view/25/24
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Rights |
Copyright (c) 2016 Journal of Applied Sciences and Development (JASD)
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