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Dabiri-Erewa: Diaspora Investment to outweighs FDI soon

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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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IGP launches Zulum’s distribution of 110 vehicles, 280 houses to police, others

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IGP launches Zulum’s distribution of 110 vehicles, 280 houses to police, others

By: Our Reporter

Borno State Governor Babagana Umara Zulum has distributed 110 brand new operational vehicles, 500 motorcycles and 280 houses to the Nigeria Police Force and other security agencies. 

The distribution was flagged off by the Inspector-General of Police, Kayode Egbetokun, who commended the initiative and described the governor as a “performing governor” in the fight against insecurity in the North East.

The ceremony, held at the Government House in Maiduguri, was attended by top security officials, including the theatre commander of Operation Hadin Kai, Major General Waidi Shuibu; Deputy and Assistant Inspectors-General of Police and others.

According to the distribution formula, 60 vehicles will be allocated to the Nigerian Police and 50 vehicles and 500 motorcycles to the Nigerian military.

Similarly, the police will be allocated 220 houses at Mai Mala Buni Estate, 20 at Kashim Shertima Estate and another 40 at Wulari, all in Maiduguri.

In his address, Governor Zulum emphasised the importance of supporting security forces with the necessary tools which, he said, would enhance their efficiency and dedication to duty.

“Today marks a significant step in our unwavering commitment to strengthening the security architecture of Borno State; we are gathered here to present 100 operational vehicles, 500 motorcycles and housing quarters to members of the Nigerian Police Force and military, as the case may be, who tirelessly serve and sacrifice to safeguard our communities.

“This modest gesture continues our government’s commitment to the security agencies, which are the cornerstones for achieving peace, progress, and development in our state.
 
“These vehicles will enhance their mobility, improve their response times, and bolster their operational capabilities in the fight against insecurity and social vices,” Zulum states.

The governor commended President Bola Ahmed Tinubu for his leadership in supporting the security agencies. 

Governor Zulum also expressed his commitment to rendering his services to the security organisations.

He said: “We are grateful to the Federal Government of Nigeria, under the distinguished leadership of President Bola Ahmed Tinubu, GCFR, for providing strategic leadership and unalloyed support to our security agencies as they work assiduously to safeguard  the life and property of our citizens.
 
“Under my watch, the Borno State Government has maintained a cordial relationship with our security forces. We realised that without security, the recovery of our state from insecurity, Insurgency and decadence would not yield the desired result. 

“By supporting our security forces, we are investing in force multiplier, speed of action and timely response of the armed forces and security agencies to our daunting security challenges. We are committed to working together to address the insecurity issues and build a safer and more prosperous future for our people.”

In his remarks, the IGP expressed gratitude to Governor Zulum for what he described as massive support.

 Egbetokun said: “These operational assets, including 110 vehicles and 500 motorcycles, will, no doubt, enhance our operational capacity. They will enable us to respond more effectively to emergencies in the state. They will also enable us to patrol our communities more efficiently, ultimately improving the delivery of services to the people of Borno State.

“I thank you, your Excellency, once again, for this gesture; I also want to assure you, Your Excellency, that these operational assets are going to be put to immediate operational use to enhance the security of the people of Borno State tate.”

IGP launches Zulum’s distribution of 110 vehicles, 280 houses to police, others

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FG Insists Christians are Not Targeted for Killings in Nigeria

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FG Insists Christians are Not Targeted for Killings in Nigeria

By: Michael Mike

The federal government has moved to counter the narrative that Christians are targeted for killings in part of Nigeria, stating that it is the work of fifth columnists aiming that the country should be designated a Country of Particular Concern (CPC) by the international community.

A statement on Friday by the spokesperson of the Ministry of Foreign Affairs, Kimiebi Ebienfa read: “The Ministry of Foreign Affairs wishes to express strong concern over the recent wave of misinformation and misleading reports regarding the supposed targeted killings of Christians in Nigeria. The unfortunate development is intended to influence foreign governments, especially the United States Government, to designate Nigeria a Country of Particular Concern (CPC), due to the violence against Christians.

“While the Federal Government acknowledges the security challenges confronting the nation, it is imperative to clarify that these negative activities are not driven by religious bias, nor targeted against any particular religious group. It should be noted that the majority of incidents relating to insurgency and banditry that occur in the predominantly Muslim northern part of Nigeria are not targeted at followers of a particular faith or religion. Any narrative that seeks to give such incidents a coloration of religious persecution is erroneous and misleading.

“Nigeria is a multi-ethnic and multi-religious nation and the government remains committed to protecting the lives and properties of all citizens, irrespective of faith, ethnicity, or gender. The security issues in Nigeria are complex and multifaceted and manifest as criminality, terrorism and communal clashes – including farmer/herder confrontation, that do not have any religious connotation.”

The statement added that: “The government of Nigeria, under the leadership of President Bola Ahmed Tinubu, has taken significant steps to address these security concerns, including the deployment of security forces, intelligence gathering and community engagement initiatives. Indeed, the military has recorded substantial gains in curtailing the activities of bandits and insurgents. To bring an end to such security challenges, both the Federal and State authorities have embarked on kinetic and non-kinetic methods and expedited the implementation of the national livestock plan.

“To this end, a Ministry of Livestock Development has been established while a Special Adviser and Coordinator of Livestock Reforms, has been appointed to find sustainable solutions to pastoral farming, with a view to end contestations over land, between farmers and pastoral herders.

“The Ministry of Foreign Affairs, therefore, urges the international community to exercise caution and verify information before drawing conclusions or making statements that could exacerbate tensions within Nigeria. We call on all stakeholders, including the media, civil society organizations and foreign partners, to refrain from spreading unverified claims that could undermine national unity and stability.

“Nigeria remains a beacon of religious tolerance and coexistence in Africa and is committed to preserving this heritage. We welcome constructive dialogue and support from the international community in addressing our security challenges. However, we strongly reject any attempts to wrongly designate the country, distort the narrative, or sow seeds of discord among our people.”

FG Insists Christians are Not Targeted for Killings in Nigeria

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Troops Foil Bandit Attack in Dabai Town, Kebbi

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Troops Foil Bandit Attack in Dabai Town, Kebbi

By: Zagazola Makama

A swift response by the Nigerian troops in Kebbi has foiled a bandit attack on Dabai Town, forcing the assailants to flee after a gun battle with security operatives.

Intelligence sources told Zagazola Makama that the attack occurred around 2 a.m. when suspected bandits attempted to invade the town.

“Security forces were immediately dispatched to intercept the assailants and engaged them in a fierce exchange of gunfire,” the source said. “Overwhelmed by superior firepower, the bandits abandoned their mission and escaped.”

While no casualties were reported, security operatives have intensified patrols in the area to prevent further attacks.

Troops Foil Bandit Attack in Dabai Town, Kebbi

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