Let’s treat diaspora remittances as part of foreign direct investment – Daily Trust

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Let’s treat diaspora remittances as part of foreign direct investment

There is need for President Muhammadu Buhari to initiate a dynamic economic policy to capture Nigerians’ diaspora remittances of $25 billion which exceeds foreign direct investments in 2018. President Buhari should package and treat diaspora remittances as part of our foreign direct investment. For many developing countries, remittances have begun to significantly exceed foreign direct investment , capital market flows, or official development assistance .

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