Wednesday, October 21, 2020

NIDCOM, NDSI Sign MoU On Investment

Nigerians in Diaspora Commission (NIDCOM) on Tuesday signed a Memorandum of Understanding (MoU) with the Nigeria Diaspora Summit Initiative (NDSI), a private sector-led organisation that is passionate in bringing in investors from the Diaspora to build up the nation’s economy.

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

Chairman of the Commission, 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.”

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

She urged the committee which had piloted the initiative, who were mostly returnees from the Diaspora, not to relent in their efforts in the growth and development of the initiative.

Secretary of the Commission, Dr Yakubu Bassi said that the summit initiative is to institutionalise 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.

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