The need to strengthen Diaspora investment as an economic factor has been emphasized.
The Chairman/CEO, Nigerians in Diaspora Commission (NiDCOM) Hon Abike Dabiri-Erewa made this call in a press briefing ahead of the 4th Annual diaspora investment summit in Abuja.
Dabiri-Erewa who described the Nigerian Diaspora as an established economic factor said it is imperative that it becomes an investment factor .
“ We always talk about Diaspora Direct Investment. We should also be talking about Diaspora Direct Investment “.
The NIDCOM Boss said the event is being organised following the government’s current emphasis on providing unprecedented support for the small business sector, agriculture, and massive infrastructure development.
According to her, this year’s theme is ” Diaspora Partnership and Linkages for Post-COVID Economic Growth”, which is scheduled to hold on the 16th and 17th of November, 2021, with Vice President , Prof Yemi Osinbajo , declaring the hybrid conference open.
She outlined Areas of focus to include Agribusiness, Education, HealthCare, Creative, Entertainment & Sport, Infrastructure & Real Estate, Manufacturing, Telecommunications, ICT & FinTech and Oil & Gas.
The converner of the summit, Dr. Badewa T. Adejugbe-Williams, urged both private sectors and small medium enterprises to seize the opportunity, as the experience gained will help boost business growth, innovation and networks.
According to Dr Badewa, “NDIS is a private sector initiative backed and enabled by government through the Nigerians in Diaspora Commission (NiDCOM). The primary aim of this initiative is to demonstrate that at a time when competition for Foreign Direct Investment (FDI) is at its fiercest, targeting Nigerians in Diaspora for inward investment is probably the best strategy, particularly in the light of a heightened risk profile for the country”,
This year’s event will also host a Diaspora Housing Fair , where Nigerians in Diaspora will be availed of various opportunities to own their homes in Nigeria seamlessly.
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