The need for Tradable Instruments

Sam Ikoku calls for the development of tradable instruments to facilitate the efficiency of remittances:

"...if you want Nigerians(read Africans) to bring their money back home, you have got to give them the instruments which they can use, tradable instruments. You have got to create markets, capital markets..."We need to have instruments to create markets for Nigerians abroad. The Chinese people don't just send the money into the streets. They send the money into banks and institutions that are known to sponsor or support industries, we don't have these structures...."We don't have instruments. Every Nigerian sending money home is doing Western Union, take this to my brother, take this to my sister, give them clothes let them sell, It's such a pitiful way but if Nigerians can have instruments like in other countries, they will send large amounts of money home..."It is time for us to stop begging people to invest in this economy of 150 million people. There are Nigerians here and abroad that can invest in this economy. When we start it by example, then guess what, everyone else will be running after us. That's was what happened in China. So let's start it ourselves, lets not beg,"