Nigerians in Diaspora remit $21 billion

Nigerians in Diaspora had remitted to their country the sum of $21 billion in 2015 according to a report by the Global Knowledge Partnership on Migration and Development (KNOMAD).

Excited by the development, the Chairman, Independent Corrupt Practices and Other Related Offences Commission (ICPC) Mr. Ekpo Nta congratulated Nigerians in Diaspora (NIDO) by calling on them to collaborate with ICPC in the fight against corruption. Given the Government’s zero-tolerance for corruption this was the best time to complement the Federal Government’s job creation effort by investing in cottage industries, especially in their home communities. Such industries, he opined should be targeted at manufacturing hitherto imported items for the huge local market and refining local products for export.

He said ICPC would continue to treat all petitions from NIDO members expeditiously through continuous investigation, prosecution and conduct of Corruption Risk Assessments in relation to any person or public institution that creates corruption bottlenecks for their investments, especially in the areas of property acquisition and business partnerships.

The ICPC Chairman who attended a Board Meeting of the International Anti-Corruption Academy (IACA) in Austria had stopped over in nearby Munich to sign a Memorandum of Understanding (MOU) with NIDO Germany in areas of mutual interest including whistle-blowing on money laundering activities, recovery of proceeds of corruption, assets tracing and monitoring, technical assistance, anti-corruption ICT solutions, Communication and Research.

Leave a Reply

Your email address will not be published. Required fields are marked *