• About
  • Advertise
  • Contact
Thursday, October 23, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Economy

NDVC Applauds Record $553mln Diaspora Remittances In July, Reiterates Diaspora Voting Rights

Vital News by Vital News
August 22, 2024
in Economy, National, News
0
NDVC Applauds Record $553mln Diaspora Remittances In July, Reiterates Diaspora Voting Rights
Share on FacebookShare on Twitter

The Nigeria Diaspora Voting Council (NDVC) has commended the continued commitment of Nigerians in the Diaspora to the progress and development of their home country.

Tolu Oluwatuyi Esq., Executive Secretary, Nigeria Diaspora Voting Council, gave the commendation in a statement.

He said the milestone reflects the commitment of Nigerians abroad to their country’s economic stability and growth, reinforcing their position as critical stakeholders in Nigeria’s development journey.

The Secretary added that : “Over the years, NDVC has continued to push for the passage of the Diaspora Voting Bill while working with the Executive and the Legislature to consider this key initiative.”

Recalled that the Central Bank of Nigeria (CBN), announced few days ago that remittances from Nigerians worldwide reached an unprecedented $553 million in July 2024, a remarkable 130% increase from the corresponding period in 2023.

RelatedStories

Dangote Group Denies Ownership Of Truck In Akungba-Akoko Accident

Trailer Crushes Female University Lecturer To Death In Lokoja

Governor Adeleke Appoints Davido Chairman Of Osun State Sports Trust Fund

FG Warns Buyers To Stay Off ARCEDEM, Radio Nigeria Land, Four Other Landed Property In Oyo

This all-time high remittance figure highlights the crucial contribution of the Nigerian Diaspora to supporting the nation’s economy, particularly amidst ongoing foreign exchange reforms.

CBN’s Acting Director of Corporate Communications, Mrs Hakama Sidi Ali, highlighted the significance of this achievement, noting that the July inflow represents the highest monthly total on record.

The statement said over the years, NDVC has continued to push for the passage of the Diaspora Voting Bill while working with the Executive and the Legislature to consider this key initiative.

“If passed, the bill will allow all eligible Nigerians, regardless of their physical location, to participate in the democratic process.

Last month, NDVC submitted its fine-tuned Diaspora Voting Bill to the National Assembly for consideration during the ongoing constitutional “review process,” the group said.

The statement quoted Prince Ade Omole, Chairman of NDVC,as praising the transformative initiatives implemented by President Bola Ahmed Tinubu’s administration, particularly the new policy measures introduced by the CBN.

He said : ” These measures, which include granting licenses to new International Money Transfer Operators (IMTOs), implementing a willing buyer-willing seller model, and enabling timely access to naira liquidity for IMTOs, have significantly enhanced liquidity in Nigeria’s foreign exchange market and made remittances more accessible and transparent, thereby contributing to the increase in Diaspora inflow.

“We are not merely sending money back home; we are active stakeholders in the Nigerian project, making significant investments in the nation’s future.

“It is time this contribution is acknowledged by granting voting rights to all eligible Nigerian citizens, regardless of where they reside,” added Omole.

The NDVC remains resolute in its mission to secure voting rights for the over 17 million Nigerians living abroad.

The Council will continue to advocate for constitutional amendments allowing all eligible Nigerians to participate in the democratic process, irrespective of their physical location.
(vitalnewsngr.com)

Tags: diasporamilestoneremittancesvoting
Previous Post

COST OF LIVING PROTEST AND TINUBUNOMICS : INTERROGATING PRESIDENT TINUBU’S RESPONSE By Niyi Akinsiju  

Next Post

NNPCLtd. Dismisses Atiku’s Allegation Of Hijack By Corporate Cabals Around President Tinubu

Vital News

Vital News

RelatedStories

Dangote Denies Ownership Of Truck Involved In Enugu Accident
News

Dangote Group Denies Ownership Of Truck In Akungba-Akoko Accident

October 23, 2025
Trailer Crushes Female University Lecturer To Death In Lokoja
Education

Trailer Crushes Female University Lecturer To Death In Lokoja

October 23, 2025
Governor Adeleke Appoints Davido Chairman Of Osun State Sports Trust Fund
News

Governor Adeleke Appoints Davido Chairman Of Osun State Sports Trust Fund

October 22, 2025
FG Cancels Independence Anniversary Parade
Environment

FG Warns Buyers To Stay Off ARCEDEM, Radio Nigeria Land, Four Other Landed Property In Oyo

October 22, 2025
‎IMPI Welcomes First Interest Rate Cut In Five Years, Says CBN Decision Aligns With Its Projection
Economy

‎IMPI Revises Inflation Rate Projection To 14% From 17% For December

October 22, 2025
Next Post
NNPCLtd. Dismisses Atiku’s Allegation Of Hijack By Corporate Cabals Around President Tinubu

NNPCLtd. Dismisses Atiku's Allegation Of Hijack By Corporate Cabals Around President Tinubu

2024 Hajj Subsidy Fraud : EFCC Releases Jalal Arabi On Bail

2024 Hajj Subsidy Fraud : EFCC Releases Jalal Arabi On Bail

NJC Formally Recommends Kudirat Kekere-Ekun For Appointment As Chief Justice of Nigeria

President Tinubu Swears In Justice Kudirat Kekere-Ekun As 23rd Chief Justice of Nigeria

Leave a Reply Cancel reply

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

Follow Us

Recommended

Cocaine : Court rejects Kyari’s plea for release on health ground

4 years ago

Police Confirm Abduction of Commissioner In Nasarawa

3 years ago
Abiodun Lauds FG’s Plan To Link Industrial Clusters By Rail

Abiodun Lauds FG’s Plan To Link Industrial Clusters By Rail

2 years ago

Nigerians Now Free To Travel To UAE – FG

1 year ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security students Tinubu US
No Result
View All Result

Highlights

Governor Adeleke Appoints Davido Chairman Of Osun State Sports Trust Fund

FG Warns Buyers To Stay Off ARCEDEM, Radio Nigeria Land, Four Other Landed Property In Oyo

‎IMPI Revises Inflation Rate Projection To 14% From 17% For December

National Orthopedic Hospital Jalingo Signs MoU With Police Health Maintenance Limited

Former Kogi Senator In Trouble Over Attempts To Scuttle Appointment Of Amupitan As INEC Chairman, Action Raises Dust Among Kinsmen

Three INEC Officials Going For November 8 Anambra Governorship Election Kidnapped In Kogi

Trending

Dangote Denies Ownership Of Truck Involved In Enugu Accident
News

Dangote Group Denies Ownership Of Truck In Akungba-Akoko Accident

by Vital News
October 23, 2025
0

Dangote Group has refuted reports circulating on social media and in some online platforms linking it to...

Former Minister, Tanimu Turaki, Emerges Northern PDP Consensus Candidate As National Chairman

Former Minister, Tanimu Turaki, Emerges Northern PDP Consensus Candidate As National Chairman

October 23, 2025
Trailer Crushes Female University Lecturer To Death In Lokoja

Trailer Crushes Female University Lecturer To Death In Lokoja

October 23, 2025
Governor Adeleke Appoints Davido Chairman Of Osun State Sports Trust Fund

Governor Adeleke Appoints Davido Chairman Of Osun State Sports Trust Fund

October 22, 2025
FG Cancels Independence Anniversary Parade

FG Warns Buyers To Stay Off ARCEDEM, Radio Nigeria Land, Four Other Landed Property In Oyo

October 22, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • Dangote Group Denies Ownership Of Truck In Akungba-Akoko Accident October 23, 2025
  • Former Minister, Tanimu Turaki, Emerges Northern PDP Consensus Candidate As National Chairman October 23, 2025
  • Trailer Crushes Female University Lecturer To Death In Lokoja October 23, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In