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| Nigerians in diaspora |
Nigerians in
diaspora sent home in $21 billion in 2015. Nigeria is the sixth largest
receiver of remittances in the world. Nigeria is also by far the
largest receiver of remittances in sub-Saharan Africa, receiving a total
of $34.8 billion this year.
The report, which
relied on data gathered from January to December 1, 2015, was compiled
by the Global Knowledge Partnership on Migration and Development with
support from the World Bank, German, Swedish and Swiss governments.
The United States
and the United Kingdom are by far the most lucrative destinations for
Nigerian migrants. Nigerians at home received a total of $9.4 billion
($5.7 billion from the US and $3.7 billion from the UK) from both
countries in 2015.
According to the
report, the U.S. is the top remittance-sending country in the world. A
total of $56.3 billion was sent out of the US to other parts of the
world. The second largest remittance-sending country is Saudi Arabia
with $36.9 billion followed by Russia ($32.6 billion), Switzerland
($24.7billion) and Germany ($20.8 billion).
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