Abike Dabiri-Erewa, Chairperson of the Nigerians in Diaspora Commission (NiDCOM), has commended the Central Bank of Nigeria (CBN) Governor for introducing Non-Resident Nigerian (NRN) Accounts. This initiative allows Nigerians living abroad to operate bank accounts in Nigeria without the need for physical presence, thereby facilitating seamless financial transactions and investments.
Dabiri-Erewa emphasized that the NRN Accounts will enhance diaspora engagement in Nigeria’s economic development by providing a secure and efficient platform for remittances and investments. She noted that this move aligns with NiDCOM’s efforts to strengthen ties between Nigeria and its diaspora community, acknowledging the significant contributions of Nigerians abroad to the nation’s economy.
The introduction of NRN Accounts is expected to boost foreign exchange inflows and provide a more structured channel for diaspora remittances, which have been a substantial source of external revenue for Nigeria. Dabiri-Erewa encouraged Nigerians in the diaspora to take advantage of this opportunity to invest in various sectors of the Nigerian economy, thereby contributing to national development.
This development reflects the CBN’s commitment to implementing policies that promote financial inclusion and economic growth, recognizing the vital role of the Nigerian diaspora in the country’s socio-economic landscape.
