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Nigerians Abroad ‘Remitted $35Bn Home’ in 2016

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fabian tarpael, abuja

Nigerians living abroad remitted over $35 billion back to the country in 2016, Abike Dabiri-Erewa, Senior Special Assistant to the President on Foreign Affairs and Diaspora Matters, said on Tuesday.

She stated this during her visit to the executive members of the Federal Inland Revenue Services (FIRS).

Dabiri-Erewa said, “In 2016 they remitted $35 billion which is higher than what was remitted in 2015. This remittance by Nigerians living abroad is the highest in Africa and the third largest in the world.”

The former House of Representatives member also drew the attention of the FIRS team to tax concerns raised by Nigerians in diaspora.

She added: “There is a lot of talk about your organization from Nigerians in diaspora concerning taxes whether there will be taxes incentives for Nigerians coming back home to engage in agriculture and other businesses. What are the plans and projects for them? Recently they expressed concern over reports that we need to pay tax on our passports.”

“Both the FIRS and my office need to communicate with Nigerians in diaspora. There should be collaboration between both offices to disseminate information in case they have questions or want answers.”

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