it was learnt from a reliable source that in a bank in the country, transactions in money transfer from Nigeria to countries abroad had reduced due to the economic meltdown. Some Nigerians living abroad had undergone shock in their finances and such could not cope except through interventions from well-wishers from Nigeria.

The source said that of recent, there were transfer of money from Nigeria to countries like the United Kingdom, United States, The Netherlands and Italy.

When asked why the trend had changed, the source said it was generally due to the meltdown which had affected the world economy, to which Nigerians living abroad were not immune.

Also, a middle-aged man, who has children in Canada and the United States, was asked how his children had been faring in the face of the “economic shock.” He said “I have helped them to cope by sending some stipends to them from here.

“My son in America called me recently that he was sacked at his place of work. When I asked him if he would come back to Nigeria to engage in some businesses, he said he could not leave the United States for Nigeria now.

“After a long discussion, he told me to send money to him so as to buy a car which he would use as taxi there. I had to send about N800,000 to him.

“At least, he is my son, he has to live,” the man said. Another Nigerian woman, a cloth dealer, who had a son in the United Kingdom, said: “I always travel abroad to see my son. Anytime I get there, I give him some money.

“What is the big deal there. Everyone knows the situation the whole world is in. There’s nothing strange in sending money to one’s children.

Thats very good news.Pls Dguy,tell me the bank's name.my family in nigeria wants to send some money to me in Italy.I need to buy my ticket and go back to naija.I think Africa is better than europe now.

How many pple wil listen.