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The initial (2007) creator of the stub, Mrg3105, has long quit Wiki, but Metropolitan90, who transformed it into a redirect not long after that, is still editing - hi!
Nation is a very difficult concept, and as far as I know, it is never being used for Iron Age communities. People maaaybe, but certainly not nation. Mrg3105 was explicitly translating from the Hebrew "am Yisrael", "people of Israel", lit. meaning "descendants of Jacob/Israel". A tribal & religious concept, far from the modern concept of a "nation". The focus of the French nation on the citizens, and of the English use of the term on the state, only complicates things on a platform such as this, used in the entire world, by non-native-speakers at least as much as by native-speakers.
One can very well argue that the term be redirected to Israelis, since there is indeed a modern "nation of Israel", i.e. the state & citizenry of that state.