Amanze ChinonyeThe Nigerians in Diaspora Commission (NiDCOM) has unveiled a major housing initiative aimed at providing Nigerians living abroad with secure, transparent, and verifiable real estate investment opportunities back home.
Known as the Diaspora Home and Abroad Housing Platform, the scheme will be officially launched during the 2025 National Diaspora Day celebrations, scheduled to take place in Abuja from July 25 to 26. The platform is designed to help millions of diaspora Nigerians navigate property acquisition in Nigeria without falling prey to fraud or misrepresentation, common concerns that have plagued overseas investors for years.
Join our WhatsApp ChannelAccording to NiDCOM, the initiative is not only a response to growing demand for secure real estate access but also a strategic move to harness diaspora wealth more effectively. Over 20 million Nigerians living abroad sent remittances exceeding $20 billion in 2024, making the diaspora a critical economic force whose contributions now surpass foreign direct investment.
For decades, diaspora Nigerians have been eager to invest in property back home, whether for retirement, economic opportunity, or family legacy. However, incidents of fraudulent property sales, unverified agents, and poor regulation have discouraged many. This new platform, NiDCOM says, will serve as a verified ecosystem of trusted developers, secure listings, and financing pathways backed by government oversight.
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The initiative also aligns with the goals of the National Diaspora Policy, which calls for stronger inclusion of diaspora Nigerians in development planning through programs focused on housing, education, entrepreneurship, and national integration.
By offering a centralized, technology-driven system, the Diaspora Home and Abroad Housing Platform aims to restore confidence, protect diaspora investments, and transform the housing sector into a more accessible and transparent market for Nigerians abroad.
Officials say further details on eligibility, registration, financing options, and the developer verification process will be unveiled at the launch event. The commission expressed confidence that the platform will “empower diaspora Nigerians with tools for safe home ownership, deepen investor trust, and strengthen their stake in Nigeria’s development.”
Amanze Chinonye is a Staff Correspondent at Prime Business Africa, a rising star in the literary world, weaving captivating stories that transport readers to the vibrant landscapes of Nigeria and the rest of Africa. With a unique voice that blends with the newspaper's tradition and style, Chinonye's writing is a masterful exploration of the human condition, delving into themes of identity, culture, and social justice. Through her words, Chinonye paints vivid portraits of everyday African life, from the bustling markets of Nigeria's Lagos to the quiet villages of South Africa's countryside . With a keen eye for detail and a deep understanding of the complexities of Nigerian society, Chinonye's writing is both a testament to the country's rich cultural heritage and a powerful call to action for a brighter future. As a writer, Chinonye is a true storyteller, using her dexterity to educate, inspire, and uplift readers around the world.
