The Federal Government says Diaspora home remittances in 2022, through official channels, stood at US$ 21.9 billion.
Nigeria’s President, Bola Ahmed Tinubu, announced this at the 17th annual National Diaspora Day (NDD), 2023, at the Conference Centre, Presidential Villa, Abuja, on Tuesday.
Tinubu was represented by Hon. Femi Gbajabiamila, his Chief of Staff.
The president said Nigerians were excelling globally and contributing immensely to the country’s development through their resources, talents, skills and global exposure.
“In 2022, our Diaspora home remittances through official channels stood at US$ 21.9 billion, over four times the value of our Foreign Direct Investment (FDI).
“The Nigerians in the Diaspora are also actively investing in healthcare, agriculture, education, information and communication technology, housing and real estate, sports, transportation, oil and gas and other sectors.
“This I must say is commendable and in our enlightened self-interest as only Nigerians both at home and abroad can develop Nigeria.”
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