Economy
‘JAPA syndrome’ cannot be stopped by legislation but good economy – Gov Otti
![](https://cdn.wuzupnigeria.ng/wp-content/uploads/2024/01/12163225/Alex-Otti-of-Abia.png)
Abia State Governor Alex Otti has called on leaders in the country to create better job opportunities within the country to reduce the number of Nigerians leaving for jobs abroad.
Speaking at his home in Umuihim, Nvosi, Isiala Ngwa South Local Government Area, Otti made this statement during a visit from the executives of the Chartered Institute of Bankers of Nigeria.
He expressed concern over the growing trend of Nigerians seeking opportunities outside the country, known as the ‘JAPA syndrome’.
Otti said, “The ‘JAPA syndrome’ has become a reality. It cannot be stopped by legislation because it’s a matter of supply and demand.” He added, “If your economy and system are not attractive compared to other countries, people will leave. The only way to respond is to create a better environment and more job opportunities to encourage them to stay.”
During the visit, Otti also agreed to provide land for the establishment of a Bankers Training Institute in Abia State, as requested by the CIBN members.
Mr. Kelechi Adiele, Public Relations Officer of CIBN, praised Otti for his efforts. He said, “We came to show support and discuss ways to strengthen our relationship with the state. We appreciate the Governor’s achievements in improving the economic and security environment for the banking industry in Abia.”
Adiele noted the positive changes since Otti took office. “Before the Governor’s tenure, banks in Abia did not operate on Mondays, which impacted their turnover and the security of bank staff. Now, banks operate freely, even on Mondays,” he said.
However, CIBN executives also voiced concerns about the ongoing migration of Nigerians seeking better job prospects abroad. They warned that this trend is impacting the banking sector and the Nigerian economy as a whole.
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