Nigerians in Diaspora Plan to Double $10bn Yearly Remittance

The All Nigerian Nationals in Diaspora (ANNID) has expressed its desire to double its yearly $10 billion remittance to the country in the coming years. Its National President, Dr. Peter Mozie, disclosed this yesterday in Abuja, while addressing a press conference on the forthcoming Diaspora convention that will take place in California, United States from November 29 to December 2.
Mozie said with the current enabling environment provided by the current administration, Diasporas were poised to bring their investments into the country in order to add value to the transformation agenda.

According to him: “The current statistics from Central Bank of Nigeria (CBN) shows diasporas have been remitting over $10 billion yearly into the country and after the convention the amount is expected to be doubled or tripled.” “We are coming en masse with our investments in all sectors to add value to the transformation agenda of this present administration,” he said.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s