Abike Dabiri-Erewa, Chairman/CEO, Nigerians in Diaspora Commission (NiDCOM), has described as strategic the introduction of the Non-Resident Nigerian Ordinary Account (NRNOA) and the Non-Resident Nigerian Investment Account (NRNIA) by the Central Bank of Nigeria.
Dabiri-Erewa explained that the initiative will enhance diaspora engagement and bolster Nigeria’s economic growth.
The initiative was recently introduced by Mr. Olayemi Cardoso, Governor, Central Bank of Nigeria (CBN).
In a statement issued by Abdur-Rahman Balogun, the Commission’s Head, Media, Public Relations and Protocols, the move is a strategic initiative to enhance diaspora engagement and bolster Nigeria’s economic growth.
“Dabiri-Erewa emphasised the pivotal role of diaspora remittances, noting its status as the highest source of foreign exchange to Nigeria, which surpasses oil revenues.
“She further highlighted the importance of strategic engagement with the diaspora community, stating, “Nigerians, home and abroad, must join hands to develop Nigeria, as no foreigner will do this for us.
“The NiDCOM Boss urged Nigerians in the diaspora to leverage these new financial packages.
“She also commended the CBN’s proactive approach in strengthening ties with the diaspora, citing recent engagements towards optimising remittances and boosting the country’s finances.
“The Chairman, NiDCOM, expressed optimism that the launch of the NRNOA and NRNIA would help increase economic contributions from Nigerians worldwide.”
