NIDCOM, NDSI sign MoU on Diaspora Investment

The Nigerians in Diaspora Commission (NIDCOM) on Tuesday signed an MOU
with the Nigeria Diaspora Summit Initiative (NDSI), a private sector-
led organization that is passionate in bringing in investors from the
Diaspora to build up the nation’s economy.
L-R: Chairman/CEO, Nigerians in Diaspora Commission, (NIDCOM) Hon Abike
Dabiri-Erewa and Chairperson, Nigeria Diaspora Summit Initiative (NDSI)
Dr Badewa Adejugbe-Williams with Copies of MoU recently signed in Abuja

With the signing of the MOU, NIDCOM will partner with the NDSI to
organize subsequent Annual Nigeria Diaspora Investment Summits.

The Chairman of the Commission, Hon. Abike Dabiri-Erewa described the
signing of the MOU as historic, saying the initiative started in 2017
and was happy it had finally come into fruition.

“We ought to be proud of ourselves, When we talk about Diaspora, we must
talk about investment and human capital development”, she said.

NIDCOM Chairman/CEO Hon Abike Dabiri-Erewa (middle) posed with NDSI Members at the signing of MoU in Abuja on Tuesday.

The NIDCOM boss thanked President Muhammadu Buhari and Vice President
Yemi Osinbajo for their support in the growth of the summit.

She thanked the Committee that has been piloting the initiative, who
were mostly returnees from the Diaspora, not to relent in their efforts
in the growth and development of the initiative.

Earlier, the Secretary of the Commission, Engr. Dr. Yakubu Sule Bassi
said that the summit initiative was to Institutionalize the Nigeria
diaspora investment summit as an annual event; with the Nigeria Diaspora
Summit Initiative group registered under the CAC

The Chairperson of Nigeria Diaspora Summit Initiative (NDSI) Dr. Badewa
Adejugbe- Williams appreciated all that have contributed to the success
of the event, for their encouragement, patience ,and the opportunity
given to them.

She promised to work hard to encourage Nigerians abroad to invest in
different sectors of the economy back home

Highlights of the MOU are:
1, To jointly convene mobilization of events in support of Nigerians
economic development;

2, To conduct joint advocacy campaigns aimed at raising awareness on
the importance of the Nigerian Diaspora and it’s capacity for
stimulating development in Nigeria’s economic process through inward

3, To join effort in mobilizing resources for financing investment
promotion programs and

4, To identify reputable individuals and corporate entity within the
Nigerian Diaspora community who can advocate for Nigeria’s economic
development and serve as goodwill Ambassadors for NIDCOM in it’s drive
to engage the Diaspora in Nigeria’s development process.

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