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Nigeria Diaspora Study

This study was conducted to understand the potential to engage the diaspora in order to generate productive investments and resources for development in Nigeria. Dalberg looked at three models of engagement, focusing primarily on the first two: (i) remittances from the diaspora to Nigeria, (ii) direct investments into Nigeria made by the diaspora, and (iii) the diaspora’s promotion of investment in Nigeria.

 

 

Automating Form NXP

Through its Non-Oil Exporters Dialogues, the Nigerian Export Proceeds (NXP) Form was identified as a challenge. This was further identified in a study, Exporter Experience Study, commissioned by the workstream.  The problems with the NXP forms ranged from unavailability of the form to a lack of capacity within financial institutions to handle processing of the form as required for export documentation. The TRD Workstream engaged with the EBES on this issue and got commitment to automate the form, which despite the CBN stipulated timeline for processing by authorized dealers of 48 hours had not been happening.

 

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