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    MarketForces Africa » MarketForces News » Edo Contributes 31% of Nigeria’s Diaspora Remittances

    Edo Contributes 31% of Nigeria’s Diaspora Remittances

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiMay 27, 2025 News No Comments2 Mins Read
    Edo Contributes 31% of Nigeria’s Diaspora Remittances
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    Edo Contributes 31% of Nigeria’s Diaspora Remittances

    The Director-General of the Edo State Diaspora Agency, Dr Loretta Ogboro-Okor, has revealed that Edo State contributes an estimated 31 per cent of Nigeria’s total diaspora remittances.

    This significant contribution positions the state as a major player in the country’s economic development. In a telephone interview with the News Agency of Nigeria (NAN) on Tuesday, Ogboro-Okor highlighted that out of the estimated 17 million Nigerians living in diaspora, a significant number were from Edo State.

    “Edo has played a critical role in diaspora contributions since 2017, when the World Bank reported 22 billion dollars in total remittances to Nigeria, 6 billion dollars of which came from Edo. “By 2024, remittances had risen to 24 billion dollars, and Edo’s share is projected at 7 billion dollars. That’s a remarkable 31 per cent of the national total,” she said.”

    She attributed this achievement to the resilience and strong competitive spirit of Edo indigenes, which she said were rooted in the state’s family and community values. “The money they remit is transforming lives, uplifting families, and driving development in communities across the state,” she added.

    Ogboro-Okor also spoke on the agency’s ongoing outreach efforts, including harmonisation and awareness campaigns in Rome, Verona, and Napoli, aimed at further engaging the Edo diaspora and strengthening ties.

    She praised Edo citizens in Italy for their consistent remittances, which not only bolstered the state’s economy but also enhanced Nigeria’s global image. Gov. Monday Okpebholo, she said, was proud of the diaspora’s contributions and remained committed to working with them to improve their welfare and expand their impact.

    She called on Edo indigenes and their partners in diaspora to continue supporting development initiatives in the state, reaffirming that citizen welfare remained a top priority for the current administration. #Edo Contributes 31% of Nigeria’s Diaspora Remittances#

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    Edo State Loretta Ogboro-Okor
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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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