How Do You Analyze The Relationship Between Nigeria And Europe In 21st Century?

Nigerians send money to Nigeria and can be found in nearly every country on the planet. Nigerians can be found in large numbers in the United States and the United Kingdom, particularly in South Africa, the United Arab Emirates, and other European nations such as Italy and Spain. Nigerians in the United States are one of the most educated migrant groups, according to a US report.

Nigeria has continuously repositioned itself in the EU to advance its national interests since its restoration to civilian rule in 1999. Although the logic of the EU partnership and interests in Nigeria since 1999 appears to be based on purely strategic objectives of the EU interests in Nigeria, the two parties signed the Nigeria-EU Joint Way Forward in 2009, which highlights guidelines for developmental cooperation, focusing on specific priority areas: peace and security, good governance and human rights, trade, energy and the most important, the workforce of Nigeria and most significant source of money transfer to Nigeria from European nations.

How Many Nigerians Are Working Abroad The Country?

The extent of the Nigerian Diaspora is unknown, with estimates ranging from 2 to 15 million people. Hon. Abike Dabiri-Erewa was appointed as the inaugural Chairman and Chief Executive Officer of the Nigerian Diaspora Commission [2] (NDC) in November 2018. As the NDC seeks to unite all Nigerians abroad, organize their potential contributions to the economy as they send money to Nigeria online, and campaign for their rights and needs at home, the number of Nigerians living abroad may be revealed.

Senator Ita Enang, when officially announcing the passing of the Bill that founded the NDC, stated that the NDC “has the responsibility to coordinate and mobilize Nigerians in and from the Diaspora to contribute human capital and material resources, including their experience, for the development of Nigeria and its component states.”

How Large Is Nigeria Remittance Market And How Important Is It For The Economy Of The Country?

When Nigerians leave the nation, one of the most important things they do is online money transfer to Nigeria for family. Family is important to Nigerians, and supporting their families back home is the ultimate show of love, devotion, and responsibility for Nigerians living abroad. In this regard, no country in Sub-Saharan Africa receives more remittances than Nigeria, which the World Bank estimates at roughly 24.3 billion dollars per year and 6% of GDP.