Lahor Apartment: Expert Agbonlahor Urges Nigerians Abroad to Invest in Nigeria's Economy

• Engr. PrincePaul Agbonlahor urges Nigerians abroad to invest in the economy, aligning with government calls for nation-building efforts
• Nigerians in the Diaspora have sent over $90 billion in five years, highlighting their vital role in economic development
• Agbonlahor stresses the need for security measures in investments and aims to provide comfort and luxury through his hospitality venture

FCT, Abuja – Engr. Prince Paul Agbonlahor, a US-based engineer, has urged Nigerians living abroad to invest in the country's economy, emphasizing the importance of contributing to nation-building.

Agbonlahor made the call while speaking to journalists in Abuja at the launch of Lahor Luxury Apartments in Bwari.

He said:

“For me, it’s a pleasure to come back home and contribute to the grassroots where we come from.”

He highlighted the growing trend of Diaspora Nigerians investing back home, echoing the Federal Government's call for such investments to stimulate economic growth.

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Diaspora Remittances Exceed $90 Billion

Agbonlahor's call comes as Nigerians in the Diaspora are increasingly recognizing the importance of investing in Nigeria.

Abike Dabiri-Erewa, Chairman of the Nigerians in Diaspora Commission (NIDCOM), recently revealed that remittances from Nigerians abroad have surpassed $90 billion in the past five years, demonstrating the significant impact of the Diaspora on the Nigerian economy.

She also noted that Nigerians living abroad spent approximately N60 billion during visits to the country last December.

Addressing Security Concerns

Addressing concerns about potential criminal activity disguised as investment, Agbonlahor advised government representatives and security agencies, saying:

"engage with these individuals regularly, beginning from the construction phase of proposed investment sites."

He emphasized that his investment in the hospitality sector was motivated by a desire to provide Nigerians, particularly those at the nearby Nigerian Law School, with "comfort, luxury, and security."

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Agbonlahor, who also works in mental health and behavioural solutions, called on other Nigerians in the Diaspora to follow suit and invest back home in support of nation-building.

Source: Legit.ng