Tinubu to Diaspora: Remittances not enough, invest in Nigeria

By Folarin Kehinde
ABUJA — President Bola Tinubu has urged Nigerians living abroad to move beyond sending remittances and invest in productive ventures in Nigeria, saying funds sent home for consumption alone cannot drive sustainable economic growth.
Tinubu made the call at the Nigeria Diaspora Economic Conference 2026 in Toronto, Canada, where he was represented by his Chief of Staff, Femi Gbajabiamila.
The conference, themed “Thrive Abroad, Invest Nigeria,” is being held at the Apollo Convention Centre from August 13 to 15.
The President acknowledged the significant role remittances play in supporting Nigerian families, noting that funds sent home had helped beneficiaries pay sc...