NDIS has recorded success in attracting investments into the country- Dr Abike

Oru Leonard

NiDCOM Chairman/CEO, Dr Abike Dabiri- Erewa has said that the The summit which was inaugurated in the year 2018,
with the intent of creating a veritable platform for the Diaspora to invest in local businesses, has over the years recorded some measure of success in attracting investments into the country.

This is contained in opening speech on the second day of the 5th Nigeria Diaspora Investment Summit (NDIS), yesterday at the Banquet hall Presidential Villa, Abuja.

She expressed gratitude to different personalities who has continuously supported and attended the event.

“Let me seize this opportunity with utmost humility and boundless pleasure to appreciate the Special Guest for this event, the Vice President of the Federal
Republic of Nigeria, His Excellency, Professor Yemi Osinbajo SAN GCON, for his continuous and unwavering support towards the Summit ever since its inception.
“We at the Nigerians in Diaspora Commission (NiDCOM) and the Nigeria Diaspora Investment Summit Initiative (NDSI) are very grateful for your commitment to always participate at the Summit. It goes to show that this administration recognizes the enormous potentials of the Diaspora to Nigeria’s development and is very resolute on tapping these potentials. We are optimistic that this support will continue in the years ahead, as we pursue our mandate with renewed zeal
and focus”, she said.

Cross Section of participants

Dr Abike also commended the Nigerians in Diaspora for their enormous contributions to the development of the nation, most especially during the COVID-19.

She said in the quest of the Federal Government to go far in repositioning the economy, there was need to partner with the Diaspora in achieving the goals.

“This is why the Summit with this year’s theme being ‘Optimizing Investment
Opportunities for National Development’, is very apt because it creates that
avenue and platform of partnership between the Government and the Diaspora in attracting investment into local business and thus enhancing Foreign Direct Investment in the country.”

She further noted that the he Summit, since its inception in 2018, has been
living up to its expectations of attracting Diaspora investment into local businesses in Nigeria, with bounteous success stories. Adding that “a major focus on Ondo State and the numerous
investment opportunities it has to offer, the Federal Mortgage Bank’s National
Housing Fund (NHF) Diaspora Mortgage Scheme, which is going to be flagged off
to a global audience soon after this event, both in Nigeria and in the United
Kingdom. There is also the Eco Bank’s Rapid Transfer Application, which is meant to ease remittances from the Diaspora Community to Nigeria and is available on our website for people to access and have cheaper and faster means of remittances to the Country.”

She commended Dr. Chris Brooks who came from the United States of America, to add significant value to the event and for returning home to contribute his vast achievements to Nigeria.

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