The President, Manufacturers Association of Nigeria (MAN), Dr Frank Jacobs, says the United States of America may reduce support in terms of grants and aids to Nigeria considering the conservative orientation of the Republicans.
Dr Jacobs told newsmen in Abuja on Wednesday, November 16, that it was rather.....
early to predict what the economic outlook of Nigeria would be in respect to the U.S. election.
“It is likely that the country may receive less material, moral and political support. “Policies and programmes of the Republican government might also not be favourable to some Nigerian illegal immigrants, based on the campaign speeches of the President-elect,”Jacobs said.
Jacobs said that such immigrants, especially nonprofessionals, would be a burden on the country when they return.
According to him, Nigerians have contributed to the building of the American economy over the years, adding that Nigerian professionals had been making waves in the US.
“If such professionals return to Nigeria, they will help to develop the country in various professions.
“Their activities may also help to salvage the nation from the current recession and build a virile economy, ” he added.
During his campaign, U.S. President-elect, Donald Trump, had taken a swipe at political leaders in Africa on account of the level of corruption and economic backwardness on the continent. Trump said African leaders were bad examples for leadership and recommended that the continent be re-colonised.
“In my opinion, most of these African countries ought to be recolonised for another 100 years, because they know nothing about leadership and self governance.”
Meanwhile, former minister of aviation Femi Fani-Kayode has congratulated the President-elect of the United States of America Donald Trump. Fani-Kayode’s congratulation to Trump comes after his release from Kuje prison in Abuja on Monday, November 14.
The former minister was remanded in Kuje following an order from Justice John Tsoho of the Federal High Court after he was arraigned by the Economic and Financial Crimes Commission (EFCC) for money laundering charges.
Speaking to journalists at the court after perfecting a N50 million bail condition given to him, the former minister congratulated the Trump on his victory. Fani-Kayode who has been an ardent supporter of Trump said the US, Africa and indeed Nigeria will benefit from the leadership of the new US President-elect.
Supporting Trump, Fani-Kayode said the new American president-elect will not tolerate religious fundamentalists and human right abuses.