NATIONAL DIASPORA POLICY
Policy · Finance
Policy date: 2026-02-01
A Policy that establishes a framework for engaging Nigerians abroad in national development. It targets diaspora professionals, investors, and their families to mobilize remittances and skills. This seeks to enhance Nigeria's economic growth.
What Is This Policy?
The National Diaspora Policy establishes Nigeria's framework for engaging, mobilising, and retaining the contributions of Nigerians living abroad. It covers remittances, investment, skills transfer, civic participation, and the welfare of Nigerians overseas, positioning the diaspora as Nigeria's 27th state and a development partner in its own right.
Who Does It Target?
Estimated 17 to 20 million Nigerians in the diaspora across North America, Europe, Asia, and Africa Diaspora professionals, investors, academics, and entrepreneurs with skills and capital to invest in Nigeria Nigerian students abroad and their pathway back to contributing to national development Recipient households in Nigeria dependent on remittance flows for daily consumption and investment
What Does It Aim to Achieve?
Grow diaspora remittances from $24 billion (2022) to $30 billion annually by 2025 by reducing transfer costs below the 3% SDG target Channel diaspora investment into Nigeria's priority sectors through dedicated investment vehicles: Diaspora Bonds, NIDCOM Investment Platform, and state diaspora desks Facilitate the return of diaspora professionals through reverse brain drain incentives, recognition of foreign qualifications, and returnee enterprise support Protect and support Nigerians abroad, particularly undocumented migrants, victims of trafficking, and students in distress
Key Features
NiDCOM: The Nigerians in Diaspora Commission (NiDCOM) is the primary agency for diaspora engagement, welfare, and investment facilitation Diaspora Bond: FGN Diaspora Bond allows Nigerians abroad to invest in Nigeria's development through sovereign debt instruments with competitive dollar-denominated returns Remittance Cost Reduction: Nigeria advocates at G20 and African Union for a 3% remittance cost target; current average cost is approximately 4 to 5% per transaction Returnee Incentive Framework: Tax reliefs, qualification recognition, and priority consideration for public sector appointments for Nigerians returning with skills needed in specific sectors Diaspora Desk Network: NiDCOM has diaspora investment desks in all 36 states and FCT to connect diaspora investors with state-level opportunities Diaspora Voter Participation: Policy supports diaspora voting rights, currently under constitutional review, to give Nigerians abroad a stake in national governance
Current Status
Rollout Stage: Active; NiDCOM operational from 2019; Diaspora Investment Policy fully implemented Implementing Body: NiDCOM; Federal Ministry of Foreign Affairs; CBN; Passport and Immigration offices Remittances: Nigeria received $24.0 billion in remittances in 2022 (World Bank), the largest in Africa and sixth largest globally Funding: NiDCOM operational budget; Diaspora Bond proceeds; state government diaspora matching contributions
How to Access
Nigerians Abroad: Register with NiDCOM's diaspora portal at nidcom.gov.ng to access investment information, welfare services, and returnee programmes Diaspora Investors: Contact NiDCOM's Investment Facilitation Division or the FGN Diaspora Bond office at DMO: dmo.gov.ng Returnees: Apply for the NiDCOM Returnee Reintegration Support programme for skills assessment, enterprise start-up grants, and professional placements Contact: NiDCOM: nidcom.gov.ng | [email protected] | NiDCOM House, Plot 2681 Aguiyi Ironsi Street, Maitama, Abuja
Impact & Metrics
Nigerian diaspora remittances totalled $24 billion in 2022, exceeding oil revenues and representing 5.3% of GDP NiDCOM facilitated over N3 billion in diaspora investments in housing, agriculture, and education in its first three years of operation
Official Resources
Website: nidcom.gov.ng | dmo.gov.ng (Diaspora Bonds) Contact: NiDCOM, Plot 2681 Aguiyi Ironsi Street, Maitama, Abuja | +234 (0)9 461 4380 Policy Summary | Source: NiDCOM, World Bank Remittance Report, CBN Remittance Data, African Export-Import Bank, NiDCOM Annual Report 2022 | February 2026
Legal Framework
The National Diaspora Policy operates under the Nigerians in Diaspora Commission (NiDCOM) Act 2017, the Nigerian Investment Promotion Commission Act, and the Central Bank of Nigeria Act 2007 (on diaspora remittances). It aligns with Nigeria's bilateral labour agreements with destination countries, the International Organization for Migration (IOM) Migration and Development framework, and the African Union's Common African Position on Migration and Development.