Dabiri-Erewa Hails CBN’s Non-Resident Nigerian Accounts

• Hon. Abike Dabiri-Erewa, Chairman/CEO of the Nigerians in Diaspora Commission (NiDCOM), has applauded Mr. Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), for introducing the Non-Resident Nigerian Ordinary Account (NRNOA) and the Non-Resident Nigerian Investment Account (NRNIA).
• Dabiri-Erewa said these initiatives, aimed at enhancing diaspora engagement, are expected to contribute to Nigeria’s economic growth.
• NiDCOM Boss is optimistic that the launch of NRNOA and NRNIA will significantly enhance the diaspora’s role in the country’s economic narrative

Hon. Abike Dabiri-Erewa, Chairman/CEO of the Nigerians in Diaspora Commission (NiDCOM), has applauded Mr. Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), for introducing the Non-Resident Nigerian Ordinary Account (NRNOA) and the Non-Resident Nigerian Investment Account (NRNIA).

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Eko Hot Blog reports that in a statement issued by Abdur-Rahman Balogun, the Commission’s Head, Media, Public Relations and Protocols, She said these initiatives, aimed at enhancing diaspora engagement, are expected to contribute to Nigeria’s economic growth.

Dabiri-Erewa emphasized the critical role of diaspora remittances, which are the highest source of foreign exchange to Nigeria, surpassing even 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”.

Dabiri-Erewa commended CBN Governor Olayemi Cardoso for these strategic initiatives aimed at strengthening diaspora engagement and boosting Nigeria’s economic growth.

With remittances from the diaspora being the highest source of foreign exchange in Nigeria, surpassing oil revenues, the NiDCOM Boss is optimistic that the launch of NRNOA and NRNIA will significantly enhance the diaspora’s role in the country’s economic narrative.

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According to Dabiri-Erewa these accounts provide a secure and efficient platform for investment and are expected to increase economic contributions from the global Nigerian community.

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