According to the World Bank, the Nigerian Diaspora of about 1.7 million population remitted $65.34 billion in three years to boost economic activities in the country. According to the Bank, in 2018, the Nigerian Diaspora remittance was $24.31 billion; in 2019, it dropped to $23.81 billion; and in 2020, it fell to $17.21 billion… These huge sums of money that support individuals, households and small businesses are the reasons we should consider renaming the ‘japa’ syndrome…
Read the full article here