Diaspora Power: Turning Remittances into Game-Changing Investments [Video]

The CEO and DG of the Nigerians in Diaspora Commission (NiDCOM), Honourable Dr. Abike Dabiri-Erewa, has emphasised that Nigeria can achieve greater stability through strategic diaspora investments.

Speaking in an interview with News Central on the second day of the 7th Nigeria Diaspora Investment Summit, Dabiri-Erewa highlighted Nigeria’s position as having one of the world’s largest and most successful people in the diaspora. She revealed that the country received a remarkable $20 billion in remittances in 2023 alone, with a total of approximately $19 billion over the past five years.

“Look, we have perhaps one of the largest diaspora anywhere in the world. We have a diaspora doing very, very well everywhere in the world, developing world economies.

“And we know that, you know, at any point in time, the diaspora, they have a critical role to play. $20 billion remittance last year, about $19 billion in the last five years. It’s not a joke.

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