Nigerians in diaspora remit $20 billion dollars to Nigeria in 2024, reveals Dabiri-Erewa

Date:

By Lateef Ibrahim, Abuja

The Chairman/CEO, Nigerians in Diaspora Commission (NIDCOM), Hon. Abike Dabiri-Erewa, has revealed that

Nigerians abroad remitted about $20 billion to Nigeria last year.

The amount, Dabiri-Erewa said, equated to a contribution of about 5.7 per cent of the GDP of Nigeria and 11 times the FDI for the year.

Dabiri-Erewa, according to a statement on Wednesday by Alhaji Abdur-Rahman Balogun, Director of Media, Public Relations and Protocols Unit NiDCOM, revealed this in her keynote address as well as panelist discussion at the RABAT PROCESS (Euro-African Dialogue on Migration and Development) THEMATIC MEETING under Nigerian’s Chairmanship, with the theme: Youth, Education and Innovation: Driving the Future of Migration.

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Highlighting the positive impact of Diaspora engagement, the NiDCOM Boss pointed out that the over 20 million Nigerians in the Diaspora are a major component of the overall development and thus are an economic force that cannot be ignored.

She thus urged participants at the ongoing International conference on Migration to strengthen regular migration pathways to enhance Labour Mobility.

Dabiri-Erewa stressed that the government’s efforts should be consolidated in the sensitization and education of the general public on the available opportunities backed by laws in the migration space to further galvanize support for combating irregular migration and the dangers attached to it.

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Highlighting the positive impact of Diaspora engagement, the NiDCOM Boss pointed out, “the over 20 million Nigerians in the Diaspora are a major component of the overall development and thus are an economic force that cannot be ignored.

“Nigerians abroad remitted about $20 billion to Nigeria last year, which equates to a contribution of about 5.7 per cent of the GDP of Nigeria and 11 times the FDI for the year”,

She harped on the need to include youths in all aspects of policy decision and implementation of migration issues as they can bring their expertise , skills and knowledge to bear, noting that NiDCOM has put in place dedicated programmes for diaspora youth under the home strings category.

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The Euro-African Dialogue on Migration and Development, also known as the Rabat Process, is a multi-stakeholder dialogue between European and African countries.

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