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Abike Dabiri Presidential aide lauds $300m Diaspora Bond endorsement

The Presidential aide, who described the approval as a good development, said that the bond would give opportunities to patriots to actively engage in the welfare of their country.

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Abike Dabiri-Erewa play

Abike Dabiri-Erewa

(citypeoplegroup)

Abike Dabiri-Erewa, the Senior Special Assistant to the President on Diaspora and Foreign Relations, on Sunday, commended the National Assembly for endorsing the 300 million-dollar Diaspora Bond.

Dabiri-Erewa, who gave the commendation in a statement issued in Abuja, expressed delight over the unanimous support for the bond by the House of Representatives.

The Presidential aide, who described the approval as a good development, said that the bond would give opportunities to patriots to actively engage in the welfare of their country.

She urged all Nigerians in the Diaspora to take advantage of the bond.

According to her, the bond, with at least five to 10 years maturity and annual dividends, attracts between five per cent and eight per cent interest rates, adding:``This is certainly a plus for patriotic investors.''

She noted the rates were more than bank deposit or certificate of deposit which was within two per cent interest rats.

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