President Bola Tinubu has called on Nigerians living abroad to prioritize investing in Nigeria rather than relying solely on remittances. Speaking at the Nigeria Diaspora Economic Conference 2026 in Toronto, Canada, Tinubu emphasized that funds sent home for personal consumption alone cannot drive sustainable economic growth. He urged the diaspora to channel their expertise and entrepreneurial initiatives into productive ventures within the country.
Tinubu’s message aligns with broader efforts to attract foreign capital and stimulate local development. The president highlighted the potential of Nigeria’s economy, urging diaspora members to see the country as a prime destination for investment. His remarks were part of a larger strategy to boost economic activity and create jobs.
The call to action comes amid ongoing reforms aimed at improving the business environment and infrastructure. Tinubu also reiterated government commitments to reviving key sectors, including the oil and gas industry, to further encourage investment.
The diaspora remains a significant source of financial support for Nigeria, but Tinubu’s appeal underscores a shift toward long-term economic engagement rather than short-term financial transfers.
