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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
Soldier killed, two injured as bandits ambush military vehicle in Katsina
By: Zagazola Makama
Armed bandits on Wednesday ambushed a military Armoured Personnel Carrier (APC) in Yadi forest, near Machika village in Sabuwa Local Government Area of Katsina State, killing one soldier and critically injuring two others.
It was gathered that the APC had developed a mechanical fault while on patrol before it was attacked at about 2:32 p.m.
Sources said hat the heavily armed bandits seized the opportunity to launch a coordinated assault on the stranded vehicle.
“In the course of the attack, one soldier was fatally shot while two others sustained life-threatening injuries. The injured personnel were immediately evacuated for medical attention,” the report noted.
Following the incident, a Nigerian Air Force fighter jet was deployed to the area for aerial support, while troops of Operation FANSAN YANMA cordoned off the forest in search of the attackers.
Security operations in the area are ongoing to track down and apprehend the perpetrators of the deadly ambush.
Soldier killed, two injured as bandits ambush military vehicle in Katsina
Mob kills suspected motorcycle thief in Gombe, police arrest four
By: Zagazola Makama
The Gombe State Police Command has confirmed the killing of a 22-year-old man by a mob in Kumo, Akko Local Government Area, over allegations of motorcycle theft.
Sources said the incident occurred around 9:30 a.m. on Tuesday, when the victim, identified as Daudu Ahmed of Sarkin Yaki Quarters, was attacked with machetes to the head and stomach by a group of youths accusing him of being a serial motorcycle thief.
The matter was reported to the Akko Divisional Police Station by the victim’s elder brother, Dahiru Ahmed, at about 10:15 a.m.
The Divisional Police Officer and his team responded swiftly and rushed the victim to the General Hospital, Kumo, where he was confirmed dead on arrival.
Four suspects were identified and two Babayo Musa and Zaidu Sani both of Jauro Musa Quarters were arrested. The others, identified only as Sulaiman and Usama, remain at large alongside other fleeing suspects.
During interrogation, the arrested suspects reportedly confessed that the deceased had been involved in motorcycle snatching and was a known threat in the area. Machetes used in the attack were recovered as evidence.
Sources said that case has been transferred to the State Criminal Investigation Department (SCID) for further investigation, while efforts are ongoing to apprehend the remaining suspects.
Mob kills suspected motorcycle thief in Gombe, police arrest four
Gunmen abduct two in Kwara Fulani camp, injure one
By: Zagazola Makama
Armed men have abducted two residents and injured another during an attack on Baba Ramo Fulani Camp near Isanlu Isin in Kwara State, the police have confirmed.
Zagazola gathered that the incident occurred at about 8:30 p.m. on Tuesday, Aug. 5, when the gunmen stormed the camp, shooting sporadically before whisking away two men identified as Ibrahim Nuhu and Musa Umar.
Sources said during the attack, one Opeyemi Ibrahim sustained a gunshot wound to his right thigh and was rushed to Adeyemi Hospital in Omu-Aran for urgent medical attention.
Following the incident, local hunters and vigilantes immediately launched a bush combing operation in an attempt to rescue the abductees.
During the search, the team recovered eight empty AK-47 bullet shells, a severed human thumb, a flashlight, and a blue Bajaj motorcycle with registration number KMA 185 VD. About 50 cows believed to have been abandoned by the attackers were also recovered.
All recovered items have been handed over to the police, and an investigation is currently ongoing to track down the abductors and secure the release of the victims.
Gunmen abduct two in Kwara Fulani camp, injure one
Soldier killed, two injured as bandits ambush military vehicle in Katsina
Mob kills suspected motorcycle thief in Gombe, police arrest four
Gunmen abduct two in Kwara Fulani camp, injure one
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