President Muhammadu Buhari
Top StoryWorld News

17m Nigerians in Diaspora’s remittances hit $25 billion annually 

537

 

As Nigeria celebrate the over 17 million Nigerians in Diaspora, President Muhammadu Buhari has urged Nigerians living overseas to take active part in the country’s post-COVID-19 economic recovery drive.

Buhari lauded them for their home remittances of over $25 billion annually in three years and urged them not to abandon their fatherland in the wake of the COVID-19 pandemic.

Persecondnews reports that Diaspora Day is observed on July 25 annually.

In a video message to commemorate this year’s Day, he said:”Over the past three years, Nigerians in the diaspora have brought in over $25 billion annually as home remittances to the Nigerian economy through official and non-formal channels.

”This is about 6.0% of our annual GDP and upwards of 80% of our annual budget.  This has impacted on livelihoods of Nigerians in terms of education, health, housing and estate development, industry, trade and investments, agriculture and technology/skills transfer.

”In terms of diaspora home remittances, Nigeria is rated as number one in sub-Saharan Africa and this is still growing especially with the advocacy and mobilization programmes of the newly established Nigerians in Diaspora Commission (NiDCOM).

”Nigerians in Diaspora are also known to be engaged in skill transfer in ICT and industry. They are also active in our universities as lecturers, and in carrying out medical missions.

”It is, therefore, my sincere hope that even with the depressed economy under stress in the year 2020 due to the COVID-19 pandemic, Nigerians in the Diaspora will rise up to the occasion of not abandoning their country of origin,  but be active in our Post-COVID-19 economic recovery efforts.”

Buhari told participants from Africa, the Americas, Asia, Europe and Oceania at the webinar event that his three-point agenda for the Nigerians in Diaspora remains the same and particularly relevant on the auspicious occasion.

Restating his agenda, he said: ”You are our Ambassadors-at-large by your behaviour and character in your host countries.

”Whatever legitimate endeavour you choose, you must excel and be the best.

”Do not forget home, Nigeria, by giving back and engaging in its development.”

He particularly commended the support and contributions of Nigerians in the Diaspora to the socio-economic development of Nigeria, recounting fond memories of his several interactions with them at town hall meetings.

Buhari said the Day is also to facilitate networking among the Diaspora with the Ministries, Departments and Agencies, the Government, the Diaspora State Focal Point Officers and other private and Civil Society organization participants in the implementation of a practical framework for the effective engagement of the Diaspora for national development.

 

 

Mrs Abike Dabiri-Erewa and Amb Zubairu Dada

 

Speaking on the theme of this year’s celebration,”Leveraging Diaspora Resources for National Development in a COVID-19 Era”, the Chairman/CEO of NiDCOM, Mrs Abike Dabiri-Erewa said the focus of the 2020 celebration is indicative of the mandate of NiDCOM as well as what the agency has accomplished.

“Since its establishment a year ago, the Nigerians in Diaspora Commission has a lot to celebrate. This is because the passion and consistency that saw to the establishment of the commission have been maintained and sustained.

“The activities we have executed, those ongoing, and the ones that are yet to take off are all definitive, of the theme. Our interaction today is expected to mobilize you to key into some of the programmes and chart improved or better ways on how to achieve them,” she said.

On Diaspora voting, Dabiri-Erewa announced that the Commission was working with the National Assembly to make it a reality.

Among other initiatives, she said NiDCOM is partnering with the OPS WASH – the umbrella body for private engagement to support the declaration to end open defecation in Nigeria by 2024.

“We plan to mobilize millions of Nigerians in the Diaspora to fund a toilet per household. A global project will soon be launched and we look forward to all Nigerians in the Diaspora to participate in this most needed project,” she said.

In his remarks, the Minister of State, Foreign Affairs, Amb. Zubairu Dada stressed the importance of engaging with Nigerians in the Diaspora at the state, national and international levels in advocating the Diaspora potentials in the post-COVID-19 economic recovery.

He thanked members of the Diaspora who have donated to the COVID-19 response, especially those that were channeled to the grassroots through the states.

Leave a comment

Related Articles

Defence Minister Musa Meets with Service Chiefs Behind Closed Doors

In a bid to hit the ground running on assumption of office,...

Tinubu Seeks Senate’s Confirmation of Omokri, Fani-Kayode, Other Ambassadorial Nominees

President Bola Tinubu on Thursday transmitted a fresh batch of 32 ambassadorial...

NASS to FG: Name Terrorism Financiers Now

The National Assembly has called for the public naming and prosecution of...

“Trump Is On Our Neck”: Akpabio Alerts Senate

Senate President Godswill Akpabio openly declared the intense pressure Nigerian leaders and...

Just In: US Slaps Visa Restrictions on Nigerians Linked to Christian Killings

The United States has announced new visa restrictions targeting individuals in Nigeria...

Wike, Fayose, Anyanwu, Others Get PDP’s Expulsion Certificates

The People’s Democratic Party (PDP) announced that it has formally issued certificates...

Tinubu Orders Security Chiefs to Intensify Fight Against Insecurity

President Bola Tinubu has directed Nigeria’s security chiefs to step up efforts...

Breaking: Tinubu Nominates Ex-CDS Christopher Musa as New Defence Minister

President Bola Tinubu has nominated Gen. Christopher Musa, the immediate past Chief...

Breaking: Nigeria’s Defence Minister Quits

Nigeria’s Minister of Defence, Mohammed Badaru Abubakar, has resigned from his position,...

Just In: Insecurity : Northern Govs, Emirs Converge in Kaduna for Meeting

Northern governors and traditional rulers have gathered for an urgent meeting at...

US to Maintain Pause on Asylum Decisions Indefinitely – Pres. Trump

The United States will continue to suspend asylum decisions for an unspecified...

Just In: Abia Gov. Otti Meets Detained Kinsman Nnamdi Kanu in Sokoto Prison

Abia State Governor Alex Otti has visited the detained leader of the...

Presidency Vows to Unmask Terrorism Financiers in Nigeria

President Bola Tinubu’s administration is poised to reveal the identities of those...

California’s Stockton Shooting: 3 Kids Among 4 Fatally Shot at Birthday Bash

Three children were among four people who died in a mass shooting...

Gunmen Attack Kogi Church During Sunday Service, Whisk Away Pastor, Wife, Worshippers

Gunmen have struck again, this time targeting the Cherubim and Seraphim Church...

Breaking: Pres. Tinubu Nominates 32 More Ambassadors

President Bola Tinubu has forwarded 32 additional ambassadorial nominees to the Senate...

Tinubu Hails Nigeria’s Return to Global Maritime Stage After 14-Year Hiatus

Nigeria’s re-election to the Council of the International Maritime Organisation (IMO) is...

Tinubu Launches National Tax Policy Implementation Committee

President Bola Tinubu has established the National Tax Policy Implementation Committee (NTPIC)...

Trump Orders Review of Green Card Holders from 19 Countries

The Trump administration has announced a review of the immigration status of...