Analyzing the Impact of Remittances on Poverty in Nigeria
Remittances are financial resource flows arising from the cross-border movement of a country’s nationals. These resources can come in the form of monetary or non-monetary, formal or informal assets, and from either internal or international sources (e.g. from a country’s diaspora). In 2010, the country of Nigeria ranked as the number one recipient of remittances in sub-Saharan Africa. This particular PEP-supported study, conducted by a team of Nigerian researchers, aimed to determine the impact of remittances on the depth and severity of poverty, among households receiving remittances.