Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,207,779 members, 8,000,273 topics. Date: Tuesday, 12 November 2024 at 07:11 AM

Nigerians Repatriate £3.27b From UK — World Bank - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / Nigerians Repatriate £3.27b From UK — World Bank (7848 Views)

Unified Dollars Rate: Boom DAO Launches Wrapped-enaira To Move Repatriate Money / The Federal Government Is Set To Repatriate Another $321million Abacha Loot / Multipurpose Cooperative Society "World Bank Grant" SCAM (2) (3) (4)

(1) (2) (Reply)

Re: Nigerians Repatriate £3.27b From UK — World Bank by jabolo(m): 12:11pm On Dec 20, 2018
B3sty:
This is Huge to some extent.
May God Bless Our Brothers, Sisters, Uncles, Aunties and all Other Nigerians Hustling legitimately within &
Outside the Shores of this Country ...May God Bless you all for thinking about your Fatherland, these Monies sent Back Home � has elevated a lot of us directly or indirectly. May God continue to to enlarge our/your Coast.
Amen!
Seasonal Greetings to you All!!!

I don't know you but thank you. You have no idea how much these simple words mean to people like me.
Re: Nigerians Repatriate £3.27b From UK — World Bank by Nobody: 6:59am On Dec 22, 2018
SIRTee15:


http://www.pewglobal.org/interactives/remittance-map/
Go through the link.....
And search for outgoing uk or any other country....
the link you sent to me, it is written there that

"Tracking remittances worldwide is difficult because many countries do not track funds that are sent or received. Based on data it is able to collect, the World Bank has used a statistical model to estimate the amount of money coming from each sending country to each receiving country. Because these numbers are estimates, there is some room for error. For example, the total incoming or outgoing remittances for some countries may not be the same as actual remittances"

lets be logical, imagine 3.2 billion usd coming into the Nigeria economy as remittance from the UK alone talk less of the so called 22 billion usd remittance that they say nigerians sent home but lets ask ourselves this question?

why did we have forex crises recently in nigeria? Even till today nigerian banks dont sell forex.

Where did this remittance go to? which sector of the economy

All economy grow when citizens consume, with that money sent to various Nigerians bank account, why is there no consumption? and Why is the economy still struggling?

When you look at most of this data.you will wonder where this data came from because in reality it is otherwise

(1) (2) (Reply)

Cost Of Clearing Cars In Nigeria (2019) / Oil Prices Rise Over Iran Sanctions Worries / Manufacturers Worry As Profit Margin Shrinks

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 9
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.