NiDCOM applauds Cardoso for launching non-resident Nigerian accounts

PUNCH

The Nigerians in Diaspora Commission has applauded the Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, for introducing the Non-Resident Nigerian Ordinary Account and the Non-Resident Nigerian Investment Account.

The Commission’s Chairman and Chief Executive Officer, Abike Dabiri-Erewa, lauded the CBN governor in a statement released on Thursday by NiDCOM’s spokesperson, Abdurahman Balogun.

The statement quoted the NiDCOM chief as saying that the CBN governor’s move “is a strategic initiative to enhance diaspora engagement and bolster Nigeria’s economic growth”.

Dabiri-Erewa, the statement indicated, emphasised the pivotal role of diaspora remittances, affirming its status as the highest source of foreign exchange to Nigeria, surpassing oil revenues…