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The Effects of Diaspora Remittances and Investment on Sustainable Development in Nigeria

Despite the growing importance of diaspora remittances and investment in financing development, Nigeria still faces challenges in translating these inflows into sustainable development. This raises concerns about whether remittances and investment contribute to sustainable development beyond their short-run effects. This study examined the effects of diaspora remittances and investment on sustainable development in Nigeria over the period 1990–2025. Adjusted Net Savings (ANS) was used as a proxy for sustainable development, while gross capital formation (GCF) represented investment. Annual dat…

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