Hmmm. I know how much i sent last year.

Bullhari007:
courtesy of my Igbo brothers worldwide

you didn't even mention the binis....all over Europe and the southwesterners in UK....

For those that don't understand apart from crude oil, this is probably the second highest source of FX, then maybe TB Joshua third, I am not sure of the last one though.

ephi321:
This is what is still keeping this country afloat.

Foreign remittance sustaining several families because incomes have shrunk, salaries are delayed/ unpaid etc in Nigeria. Products of a failed government which can't create a sustainable environment for those within the country to easily generate their income.

Many families are totally floated based on foreign income.

As an example, once I met my wife, then fiancée, I made her stop working and placed her on a monthly stipend that came from the US instead.

the funds are for burial arrangement and not for business development

Luiz1:
Am dumbfounded bro.... What impact did this huge sum reflect on Nigeria's comatose economy. How on earth would a country continue to waste resources thoughtessly and yet expect some sort of fairy economic growth? Utter hallucination!.... No no no...Nigeria! The god of economic engineering doesn't live in the world of Harry Portal.

ephi321:
This is what is still keeping this country afloat.

Foreign remittance sustaining several families because incomes have shrunk, salaries are delayed/ unpaid etc in Nigeria. Products of a failed government which can't create a sustainable environment for those within the country to easily generate their income.

Change!!!! We know who to thank for "change."

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Ademat7:
the funds are for burial arrangement and not for business development

Lol... plus bullet proof wagons.

ephi321:
This is what is still keeping this country afloat.

Foreign remittance sustaining several families because incomes have shrunk, salaries are delayed/ unpaid etc in Nigeria. Products of a failed government which can't create a sustainable environment for those within the country to easily generate their income.

true

Ademat7:
the funds are for burial arrangement and not for business development

Speak for yourself and family pls.

I know hundreds of Nigerians within my personal circle and I know for a fact that most of what was sent goes into family support, parents' healthcare, sibblings education, small/medium businesses, donations to friends and even strangers for some etc.

While you guys ridicule the criminals among us pls respect and appreciate the regular hardworking Nigerians abroad. Their contributions go a long way in alleviating the situation at home. It's been like that for ages and not restricted to Nigerians alone. Immigration is a normal part of life and there is no law that says you must be rooted to your home country or not.

omoadeleye:
Where are the money?

You get any family member living abroad? That's the easiest way to see the money. At least if he doesn't send you some, you will see what he uses the money to do for himself or someone else back home. That's how it works .

Please we need data of money sent from Nigeria to other countries too....... so we can compare

Alakija just spent millions of pounds for her son's wedding in London #moneymadeinnaija.

There so many families in Nigeria sending money abroad for one thing or the other too so to me this is no big deal joor

Before all these web/mobile platforms made it easy to pay directly into foreign bank accounts you need to see Nigerian diasporans at Western Union/MoneyGram locations to understand the love and commitment behind the remittances back home.

People had to make uncomfortable trips to distant locations just to assist people at home despite whatever they are also going through in foreign land where you cannot dobale when your bill payments are late, or when you get late to work etc.

Seeing our people waiting patiently on queues to send money home then make those phone calls to get the control number across knowing that some scammers are waiting to hijack the transfer was always a sobering experience and you can't help but appreciate the spirit behind it.

efismikoko:
Please we need data of money sent from Nigeria to other countries too....... so we can compare

Alakija just spent millions of pounds for her son's wedding in London #moneymadeinnaija.

There so many families in Nigeria sending money abroad for one thing or the other too so to me this is no big deal joor

Regular average Nigerians abroad send money home on a regular basis, I doubt if regular average Nigerians in Nigeria can send money abroad on a regular basis. Besides, this is about what helps the economy not what is going out of the economy. Yes, this is a big deal.

all these diasporan nigerians are poor like church rat. you mean 20 million nigerians in diaspora sent an amount in a year that is less than one man dangotes net worth ? church rat diasporans SMH

Jesuspikin8:
Is Buhari's money among

Since he don turn diasporan

Buhari the 1st Nigerian president in diaspora

EgunMogaji:
And yet some akin danini and ako ode on here will lash out from under their mosquito nets on here and call us "corper" washers and burger flippers

Oh yeah and one disgruntled nonsense boy that always like to mention his fathers userid in business section as a currency speculator.

#ReadAndWeap

Who will tell us how much is going the opposite direction? UK universities alone will be collecting something close to that from us

DieBuhari:
Who will tell us how much is going the opposite direction? UK universities alone will be collecting something close to that from us

It must be insignificant if it's not being reported.

It's delirious to think UK schools are collecting as much as diasporas are sending home.

#CrazyTalk

sukkot:
all these diasporan nigerians are poor like church rat. you mean 20 million nigerians in diaspora sent an amount in a year that is less than one man dangotes net worth ? church rat diasporans SMH

Church rat or not, they are providing a practically non-existent social welfare system for the economy. The struggling Nigerian student or unemployed graduate who just received $200 from his uncle cares only about his personal needs and future not about Dangote's net worth.

sukkot:
all these diasporan nigerians are poor like church rat. you mean 20 million nigerians in diaspora sent an amount in a year that is less than one man dangotes net worth ? church rat diasporans SMH

This is so funny

DieBuhari:
Who will tell us how much is going the opposite direction? UK universities alone will be collecting something close to that from us

Exactly my point

My own point of view they should stop feeling important

sukkot:
all these diasporan nigerians are poor like church rat. you mean 20 million nigerians in diaspora sent an amount in a year that is less than one man dangotes net worth ? church rat diasporans SMH

Lol . But you are one of them, are you not?

Wow! Nigerians abroad really work hard.. N7trillion in a year almost at per with our budget

Humility017:


you didn't even mention the binis....all over Europe and the southwesterners in UK....

which Benin they are few in Europe, for Yoruba's they plenty for UK but few in other countries.... Igbo's still have the highest number of indigenous ppl outside the shore of Nigeria, any country u visit, please try to shout Igbo kwenu if u did not receive a response, please run for your dear life....

paulchineduN:
My Igbo brothers and sisters ndewonu

Over 60% of that money is certainly from Igbo diaspora. How many a.b.o.k.is are even hussling to earn a living outside Nigeria except the few begging for alms in places like Saudi Arabia & Sudan. Parasites!

fineboynl:
I can bet with my ynash that 90% of this diaspora are from the southern Nigeria and also 60% are the yahoo boys and drug lords the police intimidate everyday on the street. the CBN and banks are flexing with this foreign remittance. while Nigerians can only get forex from aboki or the street to carry out import.

G boys do not send money home fru legitimate means so can't be on record.

BiafraIShere:
Over 60% of that money is certainly from Igbo diaspora. How many a.b.o.k.is are even hussling to earn a living outside Nigeria except the few begging for alms in places like Saudi Arabia & Sudan. Parasites!

There are more yorubas in the US and UK than Igbos this is fact

Bullhari007:
which Benin they are few in Europe, for Yoruba's they plenty for UK but few in other countries.... Igbo's still have the highest number of indigenous ppl outside the shore of Nigeria, any country u visit, please try to shout Igbo kwenu if u did not receive a response, please run for your dear life....

The Benin people are in Italy France Germany . They are the largest population in them ends

Shikena:
Before all these web/mobile platforms made it easy to pay directly into foreign bank accounts you need to see Nigerian diasporans at Western Union/MoneyGram locations to understand the love and commitment behind the remittances back home.

People had to make uncomfortable trips to distant locations just to assist people at home despite whatever they are also going through in foreign land where you cannot dobale when your bill payments are late, or when you get late to work etc.

Seeing our people waiting patiently on queues to send money home then make those phone calls to get the control number across knowing that some scammers are waiting to hijack the transfer was always a sobering experience and you can't help but appreciate the spirit behind it.

Yes soo thank God for direct transfer . 5 mins your parents get the alert and rings you to pray for you.

Shikena:

Speak for yourself and family pls.

I know hundreds of Nigerians within my personal circle and I know for a fact that most of what was sent goes into family support, parents' healthcare, sibblings education, small/medium businesses, donations to friends and even strangers for some etc.

While you guys ridicule the criminals among us pls respect and appreciate the regular hardworking Nigerians abroad. Their contributions go a long way in alleviating the situation at home. It's been like that for ages and not restricted to Nigerians alone. Immigration is a normal part of life and there is no law that says you must be rooted to your home country or not.

Don't mind those enemy of progress . Just imagine his dark mind

takenadoh:
For those that don't understand apart from crude oil, this is probably the second highest source of FX, then maybe TB Joshua third, I am not sure of the last one though.

This was true 10 years ago . Now the BDC has taken over