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Original Research Article

Diaspora Remittances and Economic Resilience: A Transnational Development Perspective on Nigeria

Manir Umar, Abdulkadir Aminu Ladan

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Manir Umar Corresponding Author

Department of Economics, School of Management and Financial Studies. Aliyu Magatakarda-Wamakko College of Technology and Advanced Studies, Sokoto State, Nigeria.

Correspondence: manirumar4@gmail.com

Received
30 Aug 2026
Published
10 Oct 2026

Abstract

Diaspora remittances have emerged as one of the most suitable and consequential sources of external finance for developing economies, frequently surpassing official development assistance and FDI in scale and reliability. This study examines the structural role of diaspora remittances in shaping Nigeria's economic resilience, situating the discussion within a transnational development framework and specifically set out to document trends in the volume, service and channel of remittance into Nigeria between 2010 and 2025, assess their macroeconomic and household effects, and identify the structural constraints limiting their conversion into productive investment. The study adopts the quantitative -analytical documentary research design. The evidence shows that Nigerian remittances inflows have remained resilient and counter-cyclical, reaching approximately $20.93 billion in 2024 and stabilising near $28.8 in 2026

Keywords: Diaspora Remittances; Transnational Development; Economic Resilience; Migration;
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How to Cite

APA

Umar, M., & Ladan, A. A. (2026). Diaspora Remittances and Economic Resilience: A Transnational Development Perspective on Nigeria. British Journal of Advanced Research, 1(4), Article 019. https://doi.org/10.68263/BJAR-WBEMFJRU

MLA

Umar, Manir, and Abdulkadir Aminu Ladan. "Diaspora Remittances and Economic Resilience: A Transnational Development Perspective on Nigeria." British Journal of Advanced Research, vol. 1, no. 4, 2026, article 019. DOI: https://doi.org/10.68263/BJAR-WBEMFJRU

Chicago

Umar, Manir, and Abdulkadir Aminu Ladan. "Diaspora Remittances and Economic Resilience: A Transnational Development Perspective on Nigeria." British Journal of Advanced Research 1, no. 4 (2026): 019. https://doi.org/10.68263/BJAR-WBEMFJRU

References

Adams, R. H., & Page, J. (2005). Do international migration and remittances reduce poverty in developing countries? World Development, 33(10), 1645–1669. Africa Finance Corporation. (2025). State of Africa's infrastructure report 2025. Lagos: Africa Finance Corporation. Central Bank of Nigeria. (2024). Statistical bulletin: External sector statistics. Abuja: Central Bank of Nigeria. De Haas, H. (2010). Migration and development: A theoretical perspective. International Migration Review, 44(1), 227–264. International Organization for Migration. (2023). Migration in Nigeria: A country profile. Geneva: IOM. International Monetary Fund. (2023). Nigeria: Selected issues. IMF Country Report. Washington, DC: IMF. National Bureau of Statistics. (2024). Nigerian gross domestic product report. Abuja: NBS. Ratha, D. (2007). Leveraging remittances for development. Migration Policy Institute Policy Brief. Stark, O., & Bloom, D. E. (1985). The new economics of labor migration. American Economic Review, 75(2), 173–178. World Bank. (2024). Migration and development brief: Remittances remain resilient but are slowing. Washington, DC: World Bank Group, KNOMAD. World Bank. (2024). Remittance prices worldwide. Washington, DC: World Bank Group. Yang, D. (2011). Migrant remittances. Journal of Economic Perspectives, 25(3), 129–152.
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Metadata
ISSN 3153-709X
Tracking ID BJAR_AUG_26_045
Article No. 019
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Article Info
Journal BJAR
Volume Vol 1, No 4
Year 2026
Type Original Research Article
Licence CC BY-NC-SA 4.0
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