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Dabiri-Erewa: Diaspora Investment to outweighs FDI soon
Dabiri-Erewa: Diaspora Investment to outweighs FDI soon
By: Michael Mike
The Nigerians in Diaspora Commission (NiDCOM) Chairman, Abike Dabiri-Erewa has said the plan of the present administration is to work at making the Diaspora investment outweighs the Foreign Direct Investment (FDI),
Briefing journalists in Abuja on Friday on activities lined up for the forthcoming Nigerian Diaspora Investment Summit (NDIS), Dabiri-Erewa said the target of this administration is to ensure that Diaspora Investment in the country outweighs FDI in the nearest future.
The 6th edition of NDIS is scheduled for 13 to 15 November 2023.
NDIS is a private sector initiative supported by the Nigerian government through the Nigerians in Diaspora Commission (NiDCOM), its primary aim is to demonstrate that in the face of stiff competition for Foreign Direct Investment (FDI), targeting Nigerians in Diaspora for inward investment is probably the best strategy for a country like Nigeria with over 15 million of its citizens domiciled in Diaspora.
Dabiri-Erewa disclosed that no fewer than 3,000 participants have indicated interest in the 2023 Nigerian Diaspora Invesvemnt Summit, The Nation learnt.
She noted that this year’s summit aims at attracting Diasporans investment in the area of agribusiness, technology, education, healthcare, real estate and infrastructure. Others are creative, sport and entertainment; energy, mining and manufacturing.
The NIDCOM boss explained that with the current happenings across the globe, Nigeria must stand up to take its place as the number one producer of agricultural produce.
She noted that Nigerian Diaspora in this drive remains a major player in the development of the country, hence the need to harness their investment in the country.
Dabiri-Erewa said the summit is set to ignite new aspirations for Diaspora participation in Nigeria development.
She said, “This year’s summit – a hybrid event enabling remote participation via online channels – is particularly special, being the first under the new administration of HE President Bola Ahmed Tinubu GCFR, and will have as its Special Guest of Honour and Main Keynote Speaker, HE Senator Kashim Shettima GCON, Vice President of the Federal Republic of Nigeria.
“With Heifer International, a nonprofit charity on a mission to end hunger and poverty in a sustainable way as its Lead Sponsor, this year’s summit promises to be a significant milestone in promoting economic collaboration, harnessing opportunities, and fostering a revamped investment climate for Nigeria,” She added.
She also revealed that the Diaspora Housing Mortgage Scheme would be launched by the Honourable Minister, Federal Ministry of Housing and Urban Development, Arc. Ahmed Musa Dangiwa,
during the summit.
The NiDCOM boss said: “As at press time, this year’s summit already has registered, over 2,000 interested participants, including at least 72 identified Nigerian Diaspora investors, 196 small business owners, 148 representatives of private sector entities and 88 public officials from various Ministries, Departments and Agencies who are expected to attend in person, with a further 1,250 expected to participate virtually.”
The Interim Country Director of Heifer International Nigeria, Dr Lekan Tobe said, “NDIS has established itself as the premier platform for connecting Nigerians in the diaspora with opportunities for investment and engagement in the country’s burgeoning industries. NDIS 2023 aims to strengthen the bonds between Nigeria and its diaspora communities while revealing a dynamic view of investment opportunities and prospects in various sectors, particularly Agriculture, which is our focus sector.
“We feel that our goal of assisting more than two million households to achieve sustainable living income by 2030, through strategic private and public sector partnerships that will support the unlocking of the potential in Nigeria’s agricultural sector to achieve food self-sufficiency is fully aligned with that of the summit, as expressed through the NDIS initiative.”
He added that since inception, NDIS has recorded many success stories, both in terms of business connections and social impact. With over 5,000 participants recorded, 900 business links established and over 200 deals closed.
Dabiri-Erewa: Diaspora Investment to outweighs FDI soon
News
Scores killed in Boko Haram/ISWAP renewedclashes in Mandara Mountains and Sambisa Forest
Scores killed in Boko Haram/ISWAP renewed
clashes in Mandara Mountains and Sambisa Forest
By: Zagazola Makama
Scores of fighters were reportedly killed in a week-long surge of violent infighting between rival factions of Boko Haram and the Islamic State West Africa Province (ISWAP) across the Sambisa Forest axis of Borno State.
Security sources told Zagazola Makama that the renewed hostilities erupted on Jan. 3, following a coordinated ISWAP raid led by two commanders, identified as Jundullah and Ibn Hataf, targeting camps loyal to the Boko Haram faction around the Ali Ngulde axis of the Mandara Mountains.
The offensive, according to the sources, was met with stiff resistance as Boko Haram elements mounted a counter-ambush under the coordination of a field commander known as Abu-Rijal, also called Ba-Sulhu. Dozens of ISWAP fighters were reportedly killed in the encounter, while many captured alive, with weapons seized by the defending faction.
Footage that resurfaced during the week and said to have been obtained by Zagazola Makama, showed captured ISWAP fighters being executed before other combatants, amid claims of victory by the Boko Haram faction.
While the video reflects the brutality that has characterised inter-group rivalries in the forested enclaves of the Lake Chad in Borno State. Heavy weapons including AK-47 rifles, a general-purpose machine gun (GPMG), an anti-aircraft gun and assorted ammunition, were
recovered during the initial clashes.
However, the balance of power appeared to shift days later. On Jan. 6, ISWAP fighters were said to have launched a retaliatory assault on a Boko Haram stronghold in the Sabil Huda axis, triggering a prolonged exchange of heavy gunfire that lasted several hours.
Sources said ISWAP forces eventually overran the position, killing at least 12 Boko Haram fighters and seizing additional weapons.
The aftermath of the fighting reportedly forced the relocation of Boko Haram families, women and children from contested camps to perceived safe havens around the Yale General axis.
Night operations were also said to have been conducted to track fleeing fighters, though no further confirmed engagements were recorded as of Wednesday.
The renewed clashes are consistent with a long-running rivalry rooted in ideological differences, leadership disputes and competition over territory, resources and fighters. Both factions, according to sources, are re-arming and repositioning for possible further attacks.
Scores killed in Boko Haram/ISWAP renewed
clashes in Mandara Mountains and Sambisa Forest
News
Zulum begins construction of 2 mega schools in Hawul
Zulum begins construction of 2 mega schools in Hawul
By: Our Reporter
Borno State Governor, Professor Babagana Umara Zulum, has commenced the construction of two new mega schools in Hawul Local Government Area on Wednesday.
A 48-classroom High Islamic College is located in Shafa. It will operate under the accredited curriculum of the National Board for Arabic and Islamic Studies (NBAIS), designed to provide a holistic and modern Islamic education.

Zulum explained that the construction of High Islamic Colleges is part of his campaign promise, which will blend formal education with the study of authentic Islamic knowledge and allow learners to study digital knowledge, numeracy, literacy, and vocational skills.
The second mega school project launched by the Governor is situated in Marama and is aimed at expanding access to quality educational facilities across the LGAs by the Zulum administration.
During his visit, Governor Zulum also announced a plan for the recruitment of additional teachers, stating, “I am happy to lay the foundation of a mega school in Marama town. We are going to support you in all ramifications. In line with my campaign promises to deliver and transform the education sector, this government will construct a befitting two-storey building with 36 classrooms, in addition to other facilities.
“Due to a shortage of teachers, we must recruit competent teachers who are indigenes of Marama to teach in this school,” Zulum stated.

Zulum was assisted with the foundation-laying by the Commissioner of Education, Science, Technology and Innovation, Engr. Lawan Abba Wakilbe.
Similarly, Governor Babagana Umara Zulum visited the National Orthopaedic Hospital, Azare, also in Hawul Local Government Area, a facility that was rehabilitated and donated by the State Government to fast-track the take-off of the hospital.
Governor Zulum also commissioned projects executed by Hawul Local Government, including a shopping complex and market stalls.
The Governor was accompanied by Senator Mohammed Ali Ndume (Borno South); former Deputy Governors, Usman Mamman Durkwa and Ali Abubakar Jatau; Hon. Bukar Talba (House of Representatives); the Deputy Speaker, Hon. Abdullahi Musa Askira; members of the State Assembly; commissioners; local government chairmen; and other stakeholders from Southern Borno.
End
News
BORNO MECHANICS’ ASSOCIATION APPOINTS PCC COMMISSIONER AS PATRON
BORNO MECHANICS’ ASSOCIATION APPOINTS PCC COMMISSIONER AS PATRON
By: Our Reporter
The Borno State Motorcycle, Tricycle and Generator Mechanics Association has paid a courtesy visit to the Honourable Federal Commissioner, Public Complaints Commission (PCC), Borno State Hon. Yusuf Adamu in his Office, during which he was formally appointed as the Patron of the Association.
The visit provided an opportunity for a robust and interactive engagement between the leadership of the Association and the Honourable Federal Commissioner. In his remarks, the Commissioner expressed appreciation for the visit and the confidence reposed in him by the Association. He used the occasion to urge members to, with immediate effect, take advantage of the Mechanic Village allocated to them by the Borno State Government by relocating their operations accordingly. He emphasized that the initiative was aimed at enhancing orderliness, professionalism, and safety within the sector.

The Honourable Federal Commissioner further admonished the Association to remain law-abiding and loyal to constituted authority, stressing that peace and progress can only thrive in an atmosphere of respect for the rule of law. He also charged members to uphold the principles of justice, equity, and fair play in the discharge of their duties, and to desist from any form of sharp practices, particularly cheating unsuspecting members of the public.

Responding on behalf of the delegation, the leader of the Association expressed profound gratitude to the Honourable Federal Commissioner for his warm reception, fatherly advice, and willingness to serve as their Patron. He assured the Commissioner that the Association would adhere strictly to his counsel, particularly on relocating to the Mechanic Village and maintaining high ethical standards in their operations.

The courtesy visit was rounded off with special prayers for peace, progress, and prosperity for the Patron, the Public Complaints Commission, and the Federal Republic of Nigeria. The event concluded with the taking of group photographs to commemorate the occasion.
BORNO MECHANICS’ ASSOCIATION APPOINTS PCC COMMISSIONER AS PATRON
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