$20 Billion Flows Home Every Year. So Why Isn’t Nigeria Getting Richer From It?

$20 Billion Flows Home Every Year. So Why Isn’t Nigeria Getting Richer From It?

$20 Billion Flows Home Every Year. So Why Isn’t Nigeria Getting Richer From It? Here’s a number that should stop every policymaker in Lagos cold. Twenty point nine three billion dollars. That’s how much Nigerians living abroad sent home in 2024. Let me put that in perspective. It’s four times what Nigeria got in foreign direct investment during the same…

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