Nigerians in Diaspora Organisation has said its members remitted about $63.17bn (N10.35tn) to the country between 2011 and June 2014.
According to NAN, the Chairman, Board of Trustee, NIDO, Dr. George Manuwuike said this in Abuja during a press conference on the Diaspora Day 2015 scheduled to hold from July 23 to July 27.
Manuwuike said, “As the umbrella organisation of Diaspora Nigerians, we are proud to associate with the phenomenal amount that Nigerians living abroad have been bringing to the national economy.
“Recently, the World Bank reported that between 2011 and June 2014, Nigerians in the Diaspora had remitted about $63.17bn (N10.35tn) to the country. In terms of remittance from her citizens living abroad, Nigeria was ranked fifth globally next to China, India, Philippines and Mexico.”
He also added that “NIDO plans to ramp up its engagement in Nigeria to ensure that its mission and goals are achieved, and impact of its actions are felt by both the government and the Nigerian masses. It is for this and other purposes that a structure of NIDO has recently been registered here in Abuja as a non-governmental organisation.
“We believe that this action will instil confidence in NIDO as a partner with all our citizens and government at all levels.”