Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 (6245 Views)
| Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by peekspot(op): 11:20am On Aug 16, 2025 |
Yusuf Tuggar, minister of foreign affairs, says Nigerians abroad contributed over $20 billion to the country’s economy in 2024.https://www.thecable.ng/tuggar-remittances-from-nigerians-abroad-surpassed-20bn-in-2024/
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| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by helinues: 11:22am On Aug 16, 2025 |
Good news everywhere. Nigerians in abroad ate also contributing their quota |
| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by LegendHero(m): 4:36pm On Aug 16, 2025 |
Make sense. I want that to be like $70bn next year. We can do this. |
| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by Fresh34: 4:37pm On Aug 16, 2025 |
Make sense...they're really trying o.. How much is our budget for last year again self? |
| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by frenzzy2(m): 4:37pm On Aug 16, 2025 |
So where is the money and what are you guys using it to do |
| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by NotOgaSeun: 4:37pm On Aug 16, 2025 |
Tinubu till 2031….. I'm enjoying this government well |
| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by bahdpersona(m): 4:37pm On Aug 16, 2025 |
After depreciation in nigeria's currency value, what do you expect? |
| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by Babangidapikin: 4:37pm On Aug 16, 2025 |
Is it Remittance from abroad or people working remotely , anyway you na don make economy hard .. people abroad and within no dey get rest. |
| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by LegendHero(m): 4:38pm On Aug 16, 2025 |
frenzzy2:This is the money people abroad send to their families or for investments back home. |
| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by WesleyPepper: 4:38pm On Aug 16, 2025 |
Omo Thank God for diaspora remittances oo. That is what has been keeping many people going God bless our brothers and sisters all over the world trying their best to ‘develop’ their host countries in positive ways |
| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by dettolgel: 4:41pm On Aug 16, 2025 |
So technically Nigerians living abroad have been the ones propping up the economy. ![]() No wonder they want to implement diaspora taxes |
| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by Alaigbo(m): 4:41pm On Aug 16, 2025 |
When the righteous rule remittance is sure to flow but that won't stop wailers |
| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by lexy2014: 4:41pm On Aug 16, 2025 |
LegendHero:who are the "we"? how much you contribute for inside the 20billion? if the standard of living in nigeria is good, will there be need for such remitances? |
| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by RavinWolf(m): 4:42pm On Aug 16, 2025 |
Dabiri-Erewa don drop better grammar wey sweet for ear like national anthem remix! 🎤📢 She talk say Nigerians wey dey diaspora no just dey japa — dem dey help stitch Nigeria’s torn wrapper from across the ocean, with over $20 billion in remittances and investments like stroke centre for Imo and cancer hospital for Lagos. Na real “away but not astray.” 🌍💵🏥 She yab the people wey dey use Nigeria do bad PR for political clout, say: > “Una fit try, but una no go fit cancel our global children wey dey invest pass government sometimes!” Plus, NiDCOM don dey map Naija diaspora like Google Maps — to sabi who dey where, dey do wetin, and how dem dey support mama land. She beg make dem register online sharp-sharp at www.nidcom.ng.gov (we still dey confirm if that dot gov dey double by mistake or e follow format 😅). As we dey talk for street: “Na who travel far know say even cow wey waka reach abroad dey sabi use POS.” Diaspora dey carry Naija for head like gala — time to clap for them abeg! 👏🇳🇬💼 |
| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by lexy2014: 4:42pm On Aug 16, 2025 |
LegendHero:"investments"? how did conclude that diaspora remittances is for investments? |
| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by Goodvibes007: 4:43pm On Aug 16, 2025 |
helinues:Yes ooo. We are very much contributing our quota, and would continue to do more. But our Obidients people go dey call us APC 20k monthly earner ![]() |
| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by LegendHero(m): 4:44pm On Aug 16, 2025 |
lexy2014:This is my LemFi. I still send almost $1k last week. Oya let’s see your own. Even if standard of living in Nigeria is good, it won’t stop remittance and it will actually increase it. People will send more money home to invest and build real estate. China, India, and etc get mad remittance too.
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| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by ottersberger(m): 4:46pm On Aug 16, 2025 |
Since Tinubu is busy stealing everything he can get his hands on, we are now forced to pay for basic life support for friends and family, from daily meals to hospital treatment and prescription drugs. His supporters will encourage more remittances so that they can steal more. |
| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by LegendHero(m): 4:48pm On Aug 16, 2025 |
ottersberger:Lol if the dollar rate is what is controlling the price, why do you think you are sending more? Your $100 before was N700+, now it’s like N1530. It will level up my guy. The major reason why we are seeing more remittance is because those IMTOs are now using the regular channels because of the stability of naira. Lot of our remittance is sometimes not through official channels because they don’t have the incentive to use those channels. Just watching 2 years time and see how that amount will balloon. |
| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by chopnaira: 4:49pm On Aug 16, 2025 |
Goodvibes007:That thing dey always make me laugh. Any small thing on twitter, obidients would shout 20,000 naira is working like that's suppose to be an insult. They are projecting sha. That's why they are obsessed with 20k. ![]() |
| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by chopnaira: 4:51pm On Aug 16, 2025 |
ottersberger:Before Tinubu, I have been sending money and after Tinubu, I will continue to send. I still sent money for a church program in Nigeria yesterday. In 2019, Tinubu wasnt even president yet Nigerians sent 25 billion dollars home. I have been sending several home simce the GEJ and Yaradua era as well.
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| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by LegendHero(m): 4:53pm On Aug 16, 2025 |
lexy2014:Because I am in diaspora and I send money home for both family and investment. What do you think diaspora remittance mean? You think it’s only money for family members or gift or what? |
| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by lexy2014: 4:57pm On Aug 16, 2025 |
LegendHero:are the questions not simple enough? 1. who are the "we"? 2. how much you contribute for inside the 20billion? 3. if the standard of living in nigeria is good, will there be need for $20b remitances? 4. how will good standard of living in nigeria increase remittances? |
| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by LegendHero(m): 4:57pm On Aug 16, 2025 |
chopnaira:No mind these guys. Nigeria don dey diaspora remit since 1970/1980s in huge number. During the early 2000s, UK people hot gan and they pushed mad remittance into the country. Even in year 3100, there will still be diaspora remittance so far you have Nigerians living outside the country in the West (UK, USA, and Europe). |
| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by LegendHero(m): 4:58pm On Aug 16, 2025 |
lexy2014:First show me your own contribution like I showed mine, then I will answer your jamb question. You know time is money. |
| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by ottersberger(m): 5:00pm On Aug 16, 2025 |
LegendHero:This is not about exchange rates or remittance methods. Life is hard in Nigeria. We have hyperinflation, unpaid salaries, youth unemployment at 53 percent, petrol at over 900 naira per liter, and so on. Nigeria earns in the region of 18 billion dollars from crude sales and 21 billion dollars from diaspora remittances, but we are still struggling. It goes without saying that the economy would have collapsed without diaspora like you and me investing and supporting a grossly corrupt and inefficient government in Nigeria. Period! |
| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by lexy2014: 5:01pm On Aug 16, 2025 |
LegendHero:time is money. use it wisely to answer the questions you have not answered based on your claims. LegendHero:1. who are the "we"? 2. how much you contribute for inside the 20billion? 3. if the standard of living in nigeria is good, will there be need for $20b remitances? 4. how will good standard of living in nigeria increase remittances? |
| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by TechAI: 5:02pm On Aug 16, 2025 |
helinues:that is about to end soon. The west is gearing up to start taxing those moneys. |
| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by ottersberger(m): 5:07pm On Aug 16, 2025*. Modified: 8:08pm On Aug 17, 2025 |
chopnaira:Oga, we don dey do this thing before dem born some people here. My point is that there's nothing wrong with diaspora remittances. India, and the Philippines, largely subsist on them. The problem with Nigeria is that nothing is achieved with it. All the government does is steal our money, as Tinubu is doing right now. Those of us who support the national budget do not receive any recognition for it. For example, we can't even vote in national elections. |
| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by LegendHero(m): 5:08pm On Aug 16, 2025 |
ottersberger:When has life ever been better in Nigeria? Do you know how much remittance we got yearly during Jonathan years? Check it and come back again to discuss with me |
| Re: Remittances From Nigerians Abroad Surpassed $20 Billion In 2024 by CodeTemplarr: 5:09pm On Aug 16, 2025*. Modified: 11:22pm On Aug 16, 2025 |
LegendHero:after descouraging Japa hustlers abi? I will like to see remittance by region. That other region that eats oyel money know why i am asking? |
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