It is estimated that about 5 to 10 million Nigerians live in the other nations of the world today. These Nigerians remitted about $21 billion dollar or 3.4 trillion Nigerian Naira back to Nigeria in 2012. The money that these Nigerian sent home in 2012 is about 71% of the entire Nigerian annual budget of 4.8 trillion Nigerian Naira in 2012. One gainfully employed Nigerian university educated professional in the western nation today has the equivalent financial power of about 10-12 middle class Nigerians or 41 minimum wage earners in Nigerian today.
Apart from their mammoth financial power, many of these Nigerians have advanced degrees and trainings in all the most important fields of human endeavors today and from the leading ivory towers of our 21st century world. Furthermore, thousands of these Nigerians living in foreign nations have reached the different heights of their professional careers, equipped with the most advanced experiences, skills and professional responsibilities in every type of human profession in 2013. Why is the present Nigerian government under the watch of President Jonathan Goodluck is refusing to tap into these latent and huge human potentials in the diaspora that can be used to help in the development of the Nigerian nation the same way that China, India, South Korea, Hong Kong, Pakistan and many other developing countries are doing today?
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