The Chairman/CEO of the Nigerians in Diaspora Commission (NiDCOM), Hon. Abike Dabiri-Erewa, has applauded the recent introduction of the Non-Resident Nigerian Ordinary Account (NRNOA) and the Non-Resident Nigerian Investment Account (NRNIA) by the Central Bank of Nigeria (CBN).
In a statement released by Abdur-Rahman Balogun, NiDCOM's Head of Media, Public Relations, and Protocols, Dabiri-Erewa described the initiative, spearheaded by CBN Governor Olayemi Cardoso, as a strategic step to strengthen Nigeria’s economic ties with its diaspora community.
She noted that diaspora remittances remain Nigeria’s largest source of foreign exchange, surpassing oil revenues, and emphasized the critical role of engaging the Nigerian diaspora in national development.
According to Dabiri-Erewa, “Nigerians, both at home and abroad, must collaborate to build a stronger Nigeria because no foreigner will do it for us.”
The NiDCOM boss encouraged Nigerians in the diaspora to take full advantage of these newly launched financial instruments to optimize their contributions to the nation’s economy. She also commended the CBN’s commitment to fostering stronger relationships with the diaspora through initiatives designed to improve remittance systems and enhance financial stability.
Dabiri-Erewa expressed optimism that the NRNOA and NRNIA accounts will further increase economic contributions from Nigerians worldwide, reinforcing their role in driving the country’s development.
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