NIGERIAN ECONOMY THE WAY FORWARD by Adelaja Sunday

Author:Adelaja, Sunday
Language: eng
Format: epub
Publisher: Golden Pen Limited
Published: 2017-05-20T16:00:00+00:00

Though these temporary movements in which workers are authorized by receiving countries to work for legally specified periods of a limited duration have been integral in contributing to the economy of Bangladesh, this migration stream comes with its own set of problems.

The Bangladesh government has been increasingly attentive to relations with the country’s Diaspora, particularly with the growing numbers of Bangladesh’s settled in North America, Europe, and other parts of the developed world. They have been encouraged by the large contributions of the Chinese and Indian Diasporas to their countries of origin: two of the world’s most important emerging economies.

To that end, Bangladesh has established the Non-Resident Bangladeshi (NRB) category to refer to those who were born in Bangladesh but are now permanent or long-term settlers abroad. Among the privileges of having NRB status is special eligibility for restricted foreign currency bank accounts in Bangladesh. And when traveling to Bangladesh, NRBs are not required to pay visa fees.

The standing dual nationality policy of Bangladesh has served to institutionalize the NRB status. The policy allows those who are foreign citizens of Bangladeshi origin (as well as children born to them) to become

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