The Nigerians in Diaspora Commission is set to host the second edition of the Nigeria Diaspora Investment Summit with the theme ‘Leveraging Diaspora Resources for Economic Growth’.
The government backed private initiative targets investments from Nigerians outside the country as a strategy to grow the economy.
Moyo Thomas reports that the Nigeria diaspora Investment summit held its inaugural meeting in 2018, attracting over 100 businesses. The summit buttressed the importance of Nigerians in diaspora as an important element in the national growth and development.
Foreign direct investment inflows from Nigerian Diasporas for 2018 was about N25b. With the government’s plans to provide unprecedented support to small businesses and entrepreneurs, the 2019 Nigeria Diaspora Investment Summit will target businesses around Agriculture, Sports, Education, Real Estate and other sectors.
The inaugural summit recorded successes from participants and investors, with many participants from outside the country opening businesses such as restaurants, investment funds and skills to help in medical care.
The organisers want local businesses in search of investors to register for the upcoming summit
The investment summit provides a platform for Nigerians in diaspora to invest in the economic development of the country. It also compliments the President’s effort in attracting foreign direct investment targeting Nigerians in the diaspora.
