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NiDCOM to partner African Institute on remittances

The Nigerians in Diaspora Commission NiDCOM, has expressed willingness to partner with the African Institute for Remittances, AIR towards improving remittances in Africa.

A statement by Gabriel Odu of the Media, Public Relations and Protocols Unit, NIDCOM says this was the highlight of the visit to NiDCOM, led by the Executive Director, African Institute for Remittances Amadou Cisse, in Abuja.

Mr Cisse says Nigeria, the largest recipient of remittances in Sub-Saharan Africa, with a well structured Diaspora Engagement Policy.

According to him, the Institute has three main focus which are to regulate remittances, ensure its compliance with international regulations, to gather accurate data for tracking remittances and to create policies to develop remittances.

Mr Cisse added that NIDCOM being a key player in Diaspora Affairs will be a key stakeholder in driving the aims and objectives of the Institute.

Receiving the delegation on behalf of the Chairman Nigerians in Diaspora Commission, Abike Dabiri-Erewa, the Secretary to Commission, Dr Sule Bassi, says remittance development has been on the front burner for NiDCOM.

He says the goal of NiDCOM was to see more percentage going into investments for the Diaspora to have more dividends to social consumption.

The African Institute for Remittances is a technical arm of the African Union designed to exclusively deal with issues of remittances.

Writing by Hamza Alkali; Editing by Oluwaseyi Ajibade & Adeniyi Bakare