Categories: Diaspora Desk

Diaspora: NiDCOM To Set Up Strategic Investment Platform, Partners AFDB on Trust Fund, Investments, Others

Diaspora: NiDCOM partners AfDB on Trust Fund, Investment, training, others

• Nigerian Diaspora all over the world are amongst the greatest professionals , and has again this year , recorded the highest remittances in sub-Saharan – NiDCOM Boss

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EKO HOT BLOG reports that the Nigerians in Diaspora Commission, NiDCOM, and the Africa Development Bank (AfDB) on Thursday entered into a partnership agreement to work on many areas of Diaspora development in Africa.

The partnership will also set up a strategic investment platform for the Diaspora.

Speaking at a parley in Abuja, the Chairman/CEO of Nigerians in Diaspora Commission, Hon.( Dr) Abike Dabiri-Erewa,  who led a delegation to meet the Director General, AfDB, Mr. Lamin Barrow,  in the Nigeria Country Office, extended the partnership to AfDB on the National Diaspora Trust Investment Fund.

The NiDCOM boss also briefed him about the activities of NiDCOM.

She said, “We will want to have the AfDB on board in setting up a strategic investment platform for the Diaspora especially with our NDITF”.

She added that the Nigerian Diaspora all over the world are amongst the greatest professionals , and has again this year , recorded the highest remittances in sub-Saharan , according to the latest World Bank report.

She also solicited AfDB collaboration in continuous strategic road map development and invited them to its activities including the Diaspora investment summit and , the Diaspora day , the Door of return, and the Diaspora Housing Programme while also informing him of the establishment of a diaspora data mapping portal.

The NiDCOM boss informed  the AfDB Director General that a major summit of all African Diaspora is being planned for 2023 to be hosted in Nigeria.

Responding,  Barrow  commended the NiDCOM Boss for her visionary leadership and passion in supporting the diaspora, assuring her that the Bank is ready to partner with the Commission in all its pro African development Diaspora initiatives.

“Investment trustfund are things we want to support and we are ready to assist with strategic plans to achieve a sustainable investment base for the Diaspora”, he assured.

FURTHER READING:

He stated that NiDCOM has highly coordinated structures, therefore, AfDB is ready to get to work as it also has a trustfund for Migration and Diaspora.

Barrow added that “the remittances are huge but the brain power is even greater” he encouraged NiDCOM to continue to harness the talents, energy and ideas of the diaspora while also assuring to be part of NiDCOM’s other activities in the future.

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Paul Mbagwu

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