Thursday, June 4, 2026

The Sun Nigeria

Dabiri-Erewa hails Cardoso on launch of non-resident Nigerian accounts

L-R: Dabiri-Erewa, Cardoso

L-R: Dabiri-Erewa, Cardoso

From Juliana Taiwo-Obalonye, Abuja

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

In a statement issued by the Commission’s Head of Media, Public Relations, and Protocols, Abdur-Rahman Balogun, she described the move as 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, surpassing 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.”

Nigerians living abroad were advised by the NiDCOM boss to take advantage of these new cash packages. Citing recent initiatives to maximise remittances and improve the nation’s finances, she also praised the CBN’s proactive approach to fortifying relations with the diaspora.

The Chairman of NiDCOM expressed optimism that the launch of the NRNOA and NRNIA would help increase economic contributions from Nigerians worldwide.