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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
Police arrest INEC officials, recover election materials in Taraba by-election
By: Zagazola Makama
The Police Command in Taraba has arrested some Independent National Electoral Commission (INEC) officials and recovered election materials allegedly diverted during the by-election for Karim Lamido I Constituency of the State House of Assembly.
Sources told Zagazola Makama that on Sunday that the arrests followed credible intelligence provided by party agents.
The sources said the incident occurred on Aug. 16 at about 2:20 p.m. when a team of policemen intercepted the suspects at a private residence in Angwan Sarkin Panya village.
Those arrested included Gideon Amos, 49, an Assistant Presiding Officer II assigned to Polling Unit 16, Angwan Yusuf Dogo, Bikwin Ward, and two others identified as Matthew Jayi, 47, and Tiasama Mathias Musa, 32.
The suspects allegedly diverted materials meant for three polling units PU 005 Gandara, PU 016 Angwan Yusuf Dogo, and PU 029 Angwan Sarkin Primary School — to the residence.
Items recovered from them included three ballot boxes, two BIVAS machines, 19 booklets and 20 pieces of ballot papers, two stamp pads with ink, one marker, and two result sheets.
The sources also disclosed that in the process of resisting the diversion, a police officer on election duty, PC Christian Garba, had his uniform forcibly removed by hoodlums who fled with it.
The sources added that voting had ended in most polling units and collation of results was in progress while investigations into the incident were ongoing.
End
Police intercept 107 suspected thugs, recover arms during Kano re-run elections
By: Zagazola Makama
The Kano State Police Command says it has intercepted 107 suspected political thugs and recovered arms and dangerous weapons during the ongoing re-run and by-elections in the state.
Sources told Zagazola Makama that the operation, conducted on Aug. 16 at about 11:00 a.m., followed credible intelligence and was carried out jointly with the military, DSS and other security services.
It was gathered that 20 vehicles conveying the suspected thugs, believed to have been imported from neighbouring states, were intercepted across the affected local government areas.
Items recovered from the suspects included four locally fabricated rifles, axes, cutlasses, daggers, swords, and sticks.
Security sources said the elections in the affected areas were marred by violence, thuggery, stuffing of thumb-printed ballot papers, threats, and intimidation of voters, as well as alleged inducement of electorates by government officials.
The sources added that operations were still ongoing to restore peace and ensure the credibility of the electoral process.
Police intercept 107 suspected thugs, recover arms during Kano re-run elections
Zulum, Others Present as Borno Acting Chief of Staff Buries Mother
By: Our Reporter
Borno State Governor Babagana Umara Zulum, Deputy Governor Umar Usman Kadafur, and Secretary to the State Government Alhaji Bukar Tijani, among many dignitaries, attended the funeral prayer of the mother of the acting Chief of Staff, Dr Babagana Mallumbe, Hajja Bintu, in Maiduguri.
Late Hajja Bintu Mohammed died on Friday at a hospital in Abuja after a brief illness at the age of 75, leaving behind five children.
The funeral prayer was led by the Chief Imam of Borno, Zannah Laisu Ibrahim, on Saturday evening.
Governor Zulum, accompanied by his deputy Umar Kadafur, were among the family members and associates at the Muhammadu Buhari International Airport to receive the body of late Hajja Bintu earlier before the funeral prayer.
The funeral was also attended by various officials, including National and State Assembly members, cabinet members, heads of government agencies, local government officials, friends and family members.
Zulum, Others Present as Borno Acting Chief of Staff Buries Mother
Police arrest INEC officials, recover election materials in Taraba by-election
Police intercept 107 suspected thugs, recover arms during Kano re-run elections
Zulum, Others Present as Borno Acting Chief of Staff Buries Mother
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