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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
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PRESIDENT TINUBU ASKS MATAWALLE, MINISTER OF STATE FOR DEFENCE, TO MOVE TO KEBBI OVER SCHOOLGIRLS’ ABDUCTION
PRESIDENT TINUBU ASKS MATAWALLE, MINISTER OF STATE FOR DEFENCE, TO MOVE TO KEBBI OVER SCHOOLGIRLS’ ABDUCTION
By: Our Reporter
President Bola Tinubu has asked the Minister of State for Defence, Alhaji Bello Matawalle, to relocate to Kebbi State over the abduction of 25 schoolgirls in the state.
Matawalle, who was formerly governor of Zamfara State, was asked to remain in the state to monitor security efforts to secure the release of the abducted students.
Gunmen abducted 24 students of Government Girls Comprehensive Secondary School in Maga town, Kebbi State, around 4 am on Monday.
Matawalle, who is expected to arrive in Birni-Kebbi on Friday, gained some experience in dealing with banditry and mass kidnapping during his tenure as governor of Zamfara State from 2019 to 2023.
On 26 February 2021, armed bandits abducted 279 female students aged between 10 and 17 at the Government Girls Science Secondary School, a boarding school in Jangebe, in Zamfara State. The bandits released all the hostages on 2 March 2021.
President Tinubu had postponed his scheduled trip to Johannesburg, South Africa, and Luanda, Angola, as he awaited further security briefings on the kidnapped Kebbi schoolgirls and the attack on Christ Apostolic Church worshippers in Eruku, Kwara State.
PRESIDENT TINUBU ASKS MATAWALLE, MINISTER OF STATE FOR DEFENCE, TO MOVE TO KEBBI OVER SCHOOLGIRLS’ ABDUCTION
News
President Tinubu Hails Jonathan’s Eternal Covenant Of Service At Foundation’s 10th Anniversary
President Tinubu Hails Jonathan’s Eternal Covenant Of Service At Foundation’s 10th Anniversary
*Says Nigeria’s democracy thrives because of leaders who place nation above ambition
By: Our Reporter
President Bola Ahmed Tinubu has praised former President Goodluck Jonathan as a guardian of democracy whose legacy extends far beyond his time in office.
The President described Jonathan as a profound lesson on life after public service, who preserved Nigeria’s democracy at a moment when it mattered most.
Speaking on Thursday during the 10th anniversary dinner of the Goodluck Jonathan Foundation in Abuja, President Tinubu, who was represented by his deputy, Vice President Kashim Shettima, said the former president’s decision to establish the foundation demonstrates that “life begins anew when we leave the high offices for which we are elected.
“There can never be enough words to express the depth of our national gratitude to him,” President Tinubu said, adding that Jonathan has “remained the same guardian of our collective values since leaving office.”
The President drew a contrast between leaders who use their post-office influence destructively and those who devote themselves to serving humanity.

“Some choose a vehicle that serves only themselves, one that pursues causes capable of harming the very society that once carried them. The other group chooses a nobler path: devoting their life to the service of humanity,” he said.
President Tinubu warned that democracy across West Africa and globally has come under severe threat over the past decade, weakened by “adventurists, by extremists, by actors intoxicated by power, by those who see institutions as inconveniences and elections as formalities.”
He emphasised that Jonathan had demonstrated a crucial principle that nobody’s ambition supersedes the sovereignty of the state.
The President called for national unity and respect for democratic processes, urging Nigerians to accept electoral outcomes regardless of personal preferences.
“No matter whether our preferred candidates win or lose, we must learn to respect the wishes of those who vote differently. Because democracy offers us repeated opportunities to renew our mandates.”
President Tinubu described the foundation as a template for us everyone, noting that service is a continuum and that leaving office is not the end of one’s national duty but the beginning of a new chapter.
He said, “No government can succeed without the cooperation of its people, and no people can advance without a government that listens and leads with clarity. Our democracy stands because of people like former President Goodluck Jonathan. People who believe that the Nigerian state is bigger than any individual.”
The President congratulated former President Jonathan and his team, expressing hope that the foundation would continue to be a light on our path toward a more peaceful and prosperous Africa.
Earlier, former President Jonathan thanked Vice President Shettima, former President Ernest Koroma of Sierra Leone and other dignitaries for the honour of attending his Foundation’s 10th anniversary.
Recalling the incident that led to birthing of the Goodluck Jonathan Foundation, the former President said the focus of the foundation was prompted by his experience and challenges while in office as Nigeria’s leader.
He said over the years, the foundation has paid close attention and worked relentlessly on the issues of diplomacy, good governance, election management and promoting the development of democratic institutions.
Dr Jonathan expressed his condolences over the recent incidents of abduction and attack on citizens across the country, calling on political leaders to be more responsible to the issue plaguing the security and wellbeing of Nigerians.
In his remarks, the guest speaker, Dr Mohammed Ibn Chambas, underscored the significance of functional democracy in Nigeria, emphasizing that the youths must be at the centre of all interventions.
He said that building a stable future for Africa must be anchored on the functionality of democratic institutions, effective youth empowerment schemes, a free press and an independent judiciary.
Dr Chambas extolled the leadership qualities of President Goodluck Jonathan, describing him as an African leader who believes in the values of true democracy and the sanctity of human lives, noting that the former president has proven his relevance even outside public office.
Also present at the event were former President of Sierra Leone, Dr Ernest Bai Koroma; former First Ladies, Dame Patience Jonathan and Hajiya Maryam Abacha; Former Secretaries to the Government of the Federation, Senator Pius Anyim and Mr Boss Mustapha; former Speaker of the House of Representatives, Sen. Aminu Waziri Tambuwal; former Governors of Imo State, Hon. Emeka Ihedioha; Sokoto, Attahiru Bafarawa; Adamawa, Boni Haruna; Plateau, Chief Jonah Jang; philantropist, Hajiya Bola Shagaya; former deputy governors; serving and former legislators; former Ministers; the Ooni of Ife, HRM, Oba Adeyey Enitan Ogunwusi, and captains of Industry, among others.
President Tinubu Hails Jonathan’s Eternal Covenant Of Service At Foundation’s 10th Anniversary
News
Concerns Rise Over Security and Governance In Benue State
Concerns Rise Over Security and Governance In Benue State
By: Michael Mike
The Center for Democracy and Human Rights (CEDEHUR) has expressed deep concern over the worsening security and administrative situation in Benue State under Governor Hyacinth Alia.
In a press statement read by Comrade Adebayo Lion Ogory in Abuja, CEDEHUR highlighted a series of violent incidents affecting communities across the state, particularly in Turan (Kwande LGA), Logo, Gwer West, and Agatu.
The group noted that attacks by armed herdsmen have resulted in deaths, displacement, and disruption of farming activities, a vital component of the state’s economy.
The organization also raised concerns over alleged administrative failures and financial mismanagement in several state agencies, including the State Universal Basic Education Board (SUBEB), Bureau for Quality Assurance and Examination Board, Benue Investment and Property Company (BIPC), and the Bureau of Solid Minerals.
CEDEHUR cited reports of irregular contract awards, diversion of funds, and overall institutional inefficiency.
Further, the group reported ongoing illegal mining activities in protected areas involving foreign operators, claiming that the state government had failed to intervene. Last weekend, two young men were reportedly killed in Turan following mining activities in the area.
CEDEHUR also expressed concern over directives allegedly issued by Governor Alia restricting public gatherings without official approval, warning that such measures could undermine civil liberties.
They called for clarity from APC National Chairman Prof. Nentawe Yilwatda regarding the party’s role in these directives.
The organization urged federal authorities, including the Department of State Services (DSS), the Economic and Financial Crimes Commission (EFCC), the Independent Corrupt Practices Commission (ICPC), and the Nigeria Police, to investigate allegations of financial mismanagement, human rights violations, and security breaches in the state.
CEDEHUR further appealed to President Bola Ahmed Tinubu to convene a meeting with Benue stakeholders to address the escalating crisis and called for the immediate halt of illegal mining operations and political thuggery across the state.
The group warned that without swift intervention, insecurity and governance challenges in Benue could escalate, threatening lives, livelihoods, and public confidence in the state government.
Concerns Rise Over Security and Governance In Benue State
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