The Role Of Remittances In The Economic Growth Of Nigeria

ABSTRACT Remittances constitute a portion of international migrant workers earnings sent back from the country of employment to the country of origin.While the rates and levels of officially recorded remittances to developing countries has increased enormously over the last decade, academic and policy-oriented research has not come to a consensus over whether remittances contribute to longer-term growth (Nnaemeka, 2007).This study focuses on the role of remittances in the economic growth of Nigeria. The following variables were identified as the most relevant for the purpose of this study: Rea…