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.
Jacobs told on Wednesday in Abuja 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 non-professionals, 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