Over $24Billion Remitted Annually by Nigerians in US, Canada, UK

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… FG plans mortgage scheme for them

Hon. Abike Dabiri-Erewa, Chairman, Nigerians in Diaspora Commission

Over $24bn is remitted annually by about 20 million Nigerians in the Diaspora and remitting to shore up the Nigerian economy.

The Minister of Housing and Urban Development, Arch. Ahmed Dangiwa disclosed this when he received the Chairman, Nigerians in Diaspora Commission, Hon. Abike Dabiri-Erewa, and some Management Staff in his office in Abuja.

He said the mortgage scheme for Nigerians in the United Kingdom, United States of America and Canada would be launched in February, 2024.

Dangiwa stated this “ahead of the proposed launch in February 2024, of the Diaspora Mortgage Housing Scheme in the UK, USA and Canada”

The Minister, in a statement signed by Gabriel Odu from the Protocol Unit, NiDCOM on Wednesday, said “The overall goal is to ensure that as our brothers and sisters sojourn abroad, they also have a decent shelter over here in Nigeria to call their home”.

Arch. Dangiwa added that the Federal Housing Authority was also committed to delivering on their tripartite mandate of a Diaspora City Project in partnership with NIDCOM, FHA and FCT.

“The project is situated at Maitama 2, with over 675 hectares of land,” the statement noted.

Earlier, Abike Dabiri-Erewa, commended the Minister for his commitment, participation and the launch of the Diaspora Mortgage Scheme during the Nigeria Diaspora Investment Summit.

She also said Nigerians in Diaspora are enthusiastic about both the Diaspora mortgage scheme and the upcoming Diaspora smart city in Kabusa, Maitama, FCT.

 

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