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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
Marwa Charges Nigerian Youths on Skills Acquisition, Warns Against Drug Abuse
Marwa Charges Nigerian Youths on Skills Acquisition, Warns Against Drug Abuse
By: Michael Mike
The Chairman and Chief Executive Officer of the National Drug Law Enforcement Agency (NDLEA), Brig. Gen. Buba Marwa (retd) has urged Nigerian youths to prioritise skills acquisition and empowerment opportunities as a strategic defence against drug abuse, unemployment and other social vices threatening national stability.
Marwa gave the charge in Abuja on Thursday while speaking as Special Guest of Honour at the launch of a youth empowerment and skills acquisition programme organised by Grassroots Bridge Builders, a non-governmental organisation.
He described the initiative as a critical intervention that supports the Federal Government’s Renewed Hope Agenda, particularly its focus on youth empowerment, job creation, social inclusion and crime prevention. According to him, equipping young Nigerians with practical and employable skills is a sustainable approach to addressing poverty, drug dependency and insecurity.
The NDLEA boss commended Grassroots Bridge Builders for its plan to train and empower 10,000 youths, noting that such efforts go beyond charity to serve as long-term investments in national development. He stressed that empowering young people strengthens their resilience, builds character and reduces their vulnerability to drug abuse and criminal activities.
Marwa emphasised that the fight against drug abuse cannot be left to government alone, calling for stronger collaboration among non-governmental organisations, civil society groups, faith-based institutions, community leaders and the private sector. He encouraged stakeholders to partner with the NDLEA in developing community-driven programmes that provide young people with skills, dignity and a sense of purpose.
Addressing the beneficiaries, Marwa described Nigerian youths as a vital asset to the country’s future rather than a burden to be managed. He urged them to take advantage of empowerment initiatives, reject drug use and invest in their talents to contribute meaningfully to national growth.
He reaffirmed NDLEA’s commitment to supporting credible, non-partisan initiatives that promote youth development, skills acquisition and drug-free communities, describing youth empowerment as the most sustainable pathway to securing Nigeria’s future.
Marwa Charges Nigerian Youths on Skills Acquisition, Warns Against Drug Abuse
News
NSCDC Boss Charges Personnel on Professionalism, Integrityin VIP Protection
NSCDC Boss Charges Personnel on Professionalism, Integrityin VIP Protection
By: Michael Mike
The Commandant General (CG) of the Nigeria Security and Civil Defence Corps (NSCDC), Prof. Ahmed Audi has issued a stern mandate to officers to uphold the highest standards of professionalism, integrity, and commitment in the protection of Very Important Persons (VIPs).
The CG gave this charge during his keynote address at a three-day VIP leadership and management workshop held at the NSCDC National Headquarters in Abuja on Wednesday.
The intensive training brought together state commandants, VIP commanders, and armorers from across the country.
Audi emphasized that the mandate for VIP protection as conferred by President Bola Tinubu is a sacred trust that must not be compromised. He warned that his administration maintains a zero tolerance policy for any form of misconduct.

He said: “This administration will sanction any personnel found sabotaging the Corps’ efforts in implementing the VIP mandate,” adding that: “This responsibility must be carried out to the admiration of the government and Nigerians to justify the confidence reposed in us.”
The workshop, organized under the Directorate of Training and Manpower Development, serves as a strategic intervention to sharpen the tactical and administrative skills of the Corps’ leadership.
Acting Deputy Commandant General Muktar Lawal, explained that the curriculum focuses on: strengthening leadership capacity and management skills.
Improving interdepartmental coordination.
Reinforcing professionalism in armory management and decision-making.
The CG underscored the importance of excellence by commending the VIP National Commander, Deputy Commandant of Corps Anyor Donald, for his professionalism and loyalty, urging others to embrace similar qualities.
The event featured goodwill messages from the Corps’ top brass, including Deputy Commandants General Zakari Ibrahim Ningi, fdc; Nnamdi Nwinyi; Pedro Awili Ideba; and Professor Tyoor Frederick Terhemba, all echoing the need for heightened accountability in the field.
NSCDC Boss Charges Personnel on Professionalism, Integrityin VIP Protection
News
VP Shettima Launches Vision 2050 Blueprint For South-East’s Economic Development
VP Shettima Launches Vision 2050 Blueprint For South-East’s Economic Development
Says new investment company, diaspora partnerships will drive infrastructure, industrial transformation
By: Our Reporter
Vice President Kashim Shettima has launched a 25-year development blueprint for the South-East region, saying the region is a central pillar of Nigeria’s economic future.
He also announced that President Bola Ahmed Tinubu has approved the establishment of the South East Investment Company Limited, designed to mobilise resources from the diaspora, capital markets, and development finance institutions for the region’s development.
Speaking on Wednesday during the South-East Vision 2050 Regional Stakeholders’ Forum in Enugu, the Vice President said the gathering was a decisive break from short-term governance cycles toward a structured, multi-decade development framework.
“This forum reflects foresight, responsibility, and a shared understanding that the future is not something we wait for, but something we must deliberately design.
“In recognition of the distinctive character of the South-East, its entrepreneurial spirit, its global diaspora, and its long-standing relationship with international capital, President Bola Ahmed Tinubu approved the establishment of the South East Investment Company Limited,” VP Shettima said.
He said the company will work in synergy with the South-East Development Commission (SEDC) to address postwar infrastructure gaps and drive long-term regional competitiveness.
Senator Shettima reaffirmed that the SEDC was conceived to focus on structural transformation rather than routine administrative activity, insisting that Nigeria is strongest when its regions thrive.
“Let me be clear. This is not another layer of bureaucracy. It is a delivery institution, focused on tangible outcomes that translate into jobs, productivity, and growth,” he stated, noting that the South-East carries a unique historical burden, which makes deliberate regional planning both urgent and necessary.
The VP praised the inclusive nature of the forum, which brought together federal and state governments, traditional institutions, the private sector, civil society, and development partners.
He also acknowledged the presence of Umu Igbo Unite, a United States–based network of over 10,000 young professionals, saying, “The future of the South-East will be built both at home and abroad, together.”
Addressing the youth directly, the Vice President insisted that development must produce concrete results.
“To the young people of the South-East and of Nigeria as a whole, let me speak plainly. You are not spectators in our national journey. You are central to it. Your energy, creativity, and ambition are essential to the Nigeria we are working to build. Development must not remain an abstract promise. It must be felt in the daily lives of our people.

Earlier, Governor Peter Mbah of Enugu State joined his colleagues in the region in endorsing the vision 2050, explaining that the vision is an opportunity for the South East region to tap into the national agenda tagged vision 2060.
He applauded the unity of purpose among leaders and stakeholders in the region and proposed the birthing of a South East common market, describing the moment as the awakening of an economic giant.
On reimagining the South East as an economic bloc, Governor Mbah said the focus on the unity and synergy of ideas and resources and the decision to change the thinking of leaders and the people about their development trajectory, must remain paramount.
He urged a paradigm shift in the planning and execution of projects across the region while calling on the people of the area to complement the renewed drive by the Federal Government to improve the security of lives and livelihoods as well as integrate all parts of the region’s plan for inclusive development.
He thanked the Vice President for his show of dedication and substance to the cause of the South East region, noting that his presence reinforced the principle that sustainable regional development does not thrive in isolation but on dedicated national leadership as exemplified by the presence of the Vice President.
In his remarks, Governor Francis Nwifuru of Ebonyi State, pledged the support of the state government for the implementation of a development plan for the region, noting that the plan will close unemployment and poverty gaps, while unlocking potentials across different sectors of the region’s economy.
He said Ebonyi State, under his administration, is building on the foundation of past administration in agriculture and agribusiness, education, solid mineral development, and a roadmap for the transformation of Ebonyi state as a hub of rural development in the South East.
In the same vein, Governor Alex Otti of Abia State, expressed happiness and satisfaction over the unanimous adoption and support for the South East Vision 2050 by critical stakeholders across the private and public sectors, saying the summit is connected to revolution of the region and its economic transformation.
Citing examples of transparent leadership in Abia State and abundance of solid minerals and other natural resources across the South East, Governor Otti said the task of economic transformation and industrialisation of the region was feasible and possible with committed and transparent execution of development agenda.
For his part, Governor Charles Soludo of Anambra State, thanked President Tinubu for the creation of the SEDC, describing it as a gift to the region that has been clamoured for by stakeholders for a long time.
He said the conversation around the SEDC Vision 2050 was historic, as it was the first time the governors and other leaders across the region were united in the adoption of a framework that will guide the transformation of the area.
In a keynote address, the Resident Representative of the UNDP, Mrs Elsie Attafuah, spoke on global lessons in long-term regional planning through institutional capacity for sustainable implementation of development plans in complex contexts.
She said for genuine industrialisation to be achieved, policymakers and stakeholders must ensure that infrastructure built across the region serve domestic production.
She urged cutting edge execution of Vision 2050 by stakeholders across the region and noted the importance of catalysing the comparative advantages of southeastern states in ensuring sustainability of the gains recorded in the years to come.
In his remarks, the Minister of Regional Development, Engr Abubakar Momoh, said the event was a crowning moment in the development of the South East region, especially in fostering a united and prosperous future.
He said the creation of the SEDC by the administration of President Tinubu reflects an institutional commitment to the coordinated and targeted transformation of the region through the revitalisation of critical infrastructure such as the rail sector and the commodity ecosystem, among others.
For her part, the Minister of Trade and Investment, Dr Jumoke Oduwole, underscored the significance of aligning resources and efforts, which she said had been prioritized through the South East Vision 2050 programme.
Dr Oduwole pledged the support of her ministry and announced the ministry’s launch of a nationwide trade facilitation tour to boost the export potentials across the country, describing the South East region as the springboard for Nigeria’s industrial transformation.
In a goodwill message, President of Ohanaeze Ndigbo World Wide, Sen. Azuta Mbata, commended the Federal Government for its efforts in prioritizing regional integration and development through the summit.
He said the integration of the South East in the broader national development agenda is key, and pledged the support of the people of the region for the aspirations of the vision 2050 and the Renewed Hope Agenda of administration of President Bola Ahmed Tinubu.
On his part, Chairman of the South East Development Commission, Sir Emeka Wogu, thanked President Tinubu for his commitment to the progress and development of the South East region and its people.
He said the South East vision 2050 is unique and designed to ensure continuity in the execution of development agenda for the region and the synergy of efforts by the respective state governments.
For his part, the Managing Director of the SEDC, Mr Mark Okoye, thanked President Tinubu for the creation of the commission as a special purpose vehicle to champion the economic transformation of the region.
He said the SEDC will seek the partnership of state governments, diaspora community and the organised private sector in implementing the 2050 vision aimed at charting a shared path to sustainable prosperity for South East Nigeria focusing on infrastructure, power, peace building and connectivity, among others.
There were also goodwill messages from representatives of corporate bodies, the Manufacturers Association of Nigeria (MAN), faith-based organisations, youth groups, diaspora community and development partners, among others.
The Vice President, accompanied by governors of the southeast region and other dignitaries, toured the exhibition gallery mounted by the Director-General, National Council for Arts and Culture.
VP Shettima Launches Vision 2050 Blueprint For South-East’s Economic Development
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