NIGERIA MOVES TO CREATE MORE AVENUES FOR DIASPORA INVESTMENT_Ada Nkong

President Muhammadu Buhari has emphasized the need to market Nigeria to investors. The President who was represented his Vice, Prof. Yemi Osinbajo said this at the second day of the Nigeria Diaspora Investment Summit at the banquet hall of the villa in Abuja.
He applauded the Chief host, Hon. Abike Dabiri Erewa, and the organisers of the Nigerian Diaspora Investment Summit (NDIS), for putting together the 2019 NDIS event , saying this second summit is clearly meant to be complimentary, which is: Leveraging the Diaspora Resources for Economic Growth.
Calling for focus on how to bring in diaspora resources, the President said there is need to answer some pressing questions.
“How do we bring in diaspora resources? How do we mobilise the resources of both the Foreign Direct Investment and the Portfolio Investment, and how can we effectively market these vehicles”.
Also, should we not have some suggestions on the findings of the problem? There is a “particular running of the problem, of which I have taken quite a few ideas. But the question has been raised on some of these studies-‘how do we explore the prospects of international cooperation to make the mobilisation of assets across borders easier…,” he said”.

Also speaking at the event, the Senate President, represented by Senate Chairman on Diapora Matters, Sen. Surajudeen Basiru, commended Hon. Abike Dabiri for bringing her expertise, sagacity, integrity, passion and vision on how best the country can tap into the plethora of resources available in the Diaspora. He vowed that the Senate would bring more reforms that would be beneficial to our Diaspora, following the take-homes at the end of the Summit.
Supporting her counterpart on diaspora matters, the Chairman, House Committee on Diaspora, Hon. Tolulope Akande Sadipe, maintained that without the efforts of Hon. Dabiri Abike, diaspora matters could not have been perceived as a serious issue. She called on everyone at the programme, to change the Nigerian single story of fraud and other criminalities, stating that we are ‘progressive people’. She expressed her optimism that the second NDIS will be a start of many successful and positively robust outings in the future, relating to Nigerian Diasporans.
The Kebbi State Governor ,who was attending the event for the second time, in his good will message thanked the NIDCOM Chairman, and stated that his second attendance of the summit is a clear indication that Kebbi is ready for business and would support NIDCOM in whatever capacity.
Dominic Obeta Asogwa, who represented the Comptroller-General of Nigerian Immigration Service, Mohammed Babandede OFR, congratulated the CEO of NIDCOM and urged foreign investors and Diaporans to leverage on some of their packages, such as the Migrant e-Registration, Investment Visa, which will guarantee an ease of doing business in the country.
The MD of Bank of Indurstry, Prince Niyi Akenzua encouraged Nigerians home and abroad to invest in the various sectors of the economy, particularly in Agriculture.
According to Akenzua“a lot of us can be big players in the value chain. It is big enough for all of us”. He ended by advising Nigerians in the diaspora to come back home and take advantage of what is happening right now in Agriculture.
On his part, Mr. Peter Ashode, Group CEO, United Capital Ltd., who was the major sponsor of the event, and the only Nigerian Investment company listed internationally, lauded the efforts of the commission by launching the second edition of the event. He informed the members of the Summit that theirs is an array of opportunities Diasporans can leverage on..
Meanwhile Ace Nollywood Director and Producer, Mr. Lancelot Imasuen, stated that Nollywood is the greatest asset, the Diaspora has at home, noting how our local celebrities and movies are internationally known. According to him, our stars are helping to change the poor image of Nigeria.
Imasuen cited an example of Nollywood actress, Omotola Jalade Ekehinde, who was named one of the 100 Most Influential Persons in the world. He revealed that Nollywood is a very lucrative business, as it accounts for over 10 million direct and indirect employments for Nigerians. He encouraged diasporans to invest in this sector as the industry churns out volumes in monetary terms.
Prince Niyi Akinzua, Executive Dir., Finance and Risk Management, Bank of Agriculture in his good will message, congratulated the Chairman Nigeria In Diaspora Commission NIDCOM Hon. Dabiri Erewa and her team for putting together the summit for the second time and her interest in the sustainability of diaspora interest.
Mrs. Abike Dabiri Erewa whobthanked the invited dignitaries, diasporans and everyone present for comin said the aim of the second edition was to usher in investors to fund SMEs in Nigeria. The NIDCOM Chairman reiterated the words of Prof. Soludo, who gave the keynote address on Wednesday, that Nigerians working with “Other Nigerians”, would improve the various sectors in our country. She revealed that the commission is planning to create offerings for Nigerians in diaspora, to effortlessly do business in Nigeria, as well as other needs, such as the Diaspora Trust Fund, The Diaspora Mortgage, amongst others.
The highpoint of the event was series of pitching sessions and group photographs of the dignitaries with the organising team.

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Categories: ECONOMY

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