NIDCOM Seeks Synergy, Direct Diaspora Investment
The Nigerians in Diaspora Commission (NIDCOM) has called for more synergy and direct diaspora investment between Nigerians at home and in the diaspora.
The Chairman of NIDCOM Hon. Abike Dabiri-Erewa made the call on the second day of the 5th edition of the Nigeria Diaspora Investment Summit Initiative (NDIS) in Abuja themed: “Optimizing Investment Opportunities for National Development.”
Dabiri-Erewa commended diasporans for their efforts in repositioning Nigeria’s economy through remittances.
Speaking further, she thanked the government for its role in fostering good relationships between all parties, while calling for a shift from foreign diaspora investment to diaspora direct investment.
Also speaking virtually, the founder of NDDIS Mr. Bimbo Folayan said the Summit is a laudable project which has provided a platform for Nigerians at home and in the diaspora to brainstorm on ways to develop Nigeria.
Folayan underscored the importance of trust, adding that it should be a key factor in creating a business-friendly environment.
The commissioner for regional intervention and diaspora for Ondo state, Prince Jacob Ologbese commended the NIDCOM Boss and her efforts towards positioning Ondo state and the commissioning of NIDCOM annex office in Akure which is one of the first in the south west.
He announced the “Develop Ondo summit” is set to be held from 12 to 15 December, 2022.
He further explained that the Ondo Deep Sea Port would create employment opportunities for its indigenes and increase the quality of lives for citizens as well as create more investment opportunities.
Ologbese said proper engagement of diaspora would change the economic trajectory of the country and expressed confidence that investors and dignitaries would leave the summit with increased knowledge about investment opportunities in Ondo state
On his part, the president of US-Africa chamber of commerce, Dr Joe Musa spoke about the need to work together to advance the African continent as a whole.
While commending NIDCOM for the good work so far, he pointed out that he is intrigued that when Investment is mentioned on the platform people only think about money forgetting all the other factors of production.
He stated that the diaspora has a lot more to offer than just money to Nigerians back home and commended the Nigerians in diaspora for their willingness to make a difference back home while also commending the government for the national development plan agenda 2050, the strategic revenue initiative, the accelerated revenue regularisation reforms, and all other efforts to provide a conducive environment for investors.