Diaspora Communities Back Federal Housing Plan as Confidence Grows

Nigerians in the diaspora have expressed overwhelming support for the Federal Government’s Home/Abroad Housing Scheme, describing it as a landmark initiative that addresses one of the most persistent challenges they face trust in property investment back home.

For decades, many Nigerians living abroad have shared painful experiences of losing hard-earned savings to fraudulent property agents, unreliable developers, or even relatives who mismanaged funds meant for housing projects. This has created a climate of skepticism, discouraging diaspora citizens from investing in Nigeria’s real estate sector despite their strong emotional and economic ties to the country.

The new scheme, designed to provide a secure and transparent platform for diaspora home ownership, seeks to change that narrative. It offers verified property options backed by government oversight, ensuring that Nigerians abroad can confidently invest without fear of exploitation.

In a statement, Prince Emre Magboh, President of the Nigerian Community in Turkey, hailed the development as “a closure of a sad chapter in diaspora investment history.” According to him, the scheme not only provides housing but also restores dignity and belonging to Nigerians abroad.

“Many of us have stories of betrayal—money gone, dreams shattered, and trust broken. This housing policy closes that painful chapter. It gives us both houses and a renewed sense of security in our homeland,” Magboh said.

He further urged Nigerian communities across Europe, North America, Asia, and Africa to seize the opportunity, noting that collective participation would serve dual purposes meeting personal housing needs and contributing to Nigeria’s socio-economic development.

The Federal Government has positioned the scheme as part of its broader diaspora engagement strategy. Officials have repeatedly highlighted that diaspora remittances, which average over $20 billion annually, are critical to the nation’s economy. By providing a credible housing pathway, government hopes to not only secure diaspora investments but also deepen their involvement in nation-building.

Policy analysts also suggest that the Home/Abroad Housing Scheme could boost real estate growth, reduce capital flight, and strengthen trust between the government and diaspora communities. It is seen as a symbolic gesture of inclusivity, assuring Nigerians abroad that they remain vital stakeholders in the country’s progress.

As Magboh emphasized, “This is more than a housing project, it is a bridge between Nigeria and its global citizens. It reassures us that we belong, no matter where we live.”