Ministry Of Industry Partners NIDCOM To Boost Diaspora Investment In Nigeria

The Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite has expressed the need to work with the Nigerians in the Diaspora Commission (NIDCOM) to boost diaspora investments in the Country.

According to a statement issued by the Spokesman of NIDCOM, Abdur Rahman Balogun, the Minister made this known while speaking during a courtesy call by the Chairman/CEO, NIDCOM Dr Abike Dabiri-Erewa in Abuja.

The minister stressed that she will create a full department called “Catalytic Investment Unit” in the Ministry to accommodate all diaspora related matters.

She also commended NIDCOM for partnering with the private sector-led Nigerian Diaspora Summit initiative (NDSI) to organise the Nigerian Diaspora Investment summit, which has provided a platform for Nigerians who want to invest.

She said the Ministry would synergise with NIDCOM and NDSI to make the summit even stronger, in-line with the Ministry’s investment initiatives and policies.

The Minister said “I have been charged by Mr President to look for inward investment into the country. NIDCOM has saved me from starting from scratch. We will build on your platform and work together”.

Mrs Uzoka-Anite described the Diaspora as a great potential for investment who are passionate about their country and willing to invest without too many conditions or demands.

The Minister added that the ministry can support Diaspora Investment by designing and creating different investment channels, negotiating long term investment opportunities, proposing removal of taxes on dividends and providing extra security arrangements on Diaspora investment and even work together to push bills to be sponsored by the National Assembly.

Earlier, Dr. Abike Dabiri-Erewa, had called for more synergy between the Commission and the Ministry to enhance Diaspora Direct Investment.

The NIDCOM boss used the opportunity to brief the Minister on the Nigeria Diaspora Investment Summit (NDIS) which had been hosted in Abuja six times.

“We have some requests which include creating incentives for the Diaspora coming back home to invest, partnering to implement the Diaspora Investment Trust Fund and establishing a Diaspora Desk in the Ministry” Dabiri-Erewa said.

#Watchvideo : SECURITY FORCES BURST THE CAMP OF UNKNOWN GUNMEN IN AKOKWA

Security Forces in the state through a coordinated intelligence report has bursted the camp of the unknown gunmen at Akokwa, Arondizuogu after a long gun duel which resulted to the death of some of the criminals and others arrested. These criminal elements have been known to be behind several attacks in the state such as the killing of police men in Mbaise, Aba Branch in Ehime Mbano, burning down of police stations, attack and attempted kidnapping of former Governor Ikedi Ohakim, abduction of Miss. P.P. Johnson, a female soldier in Okigwe and recently the attack in Akokwa that left many dead. It is obvious that these daredevil gunmen have been perpetuating their evil plans unabated until yesterday when their camp was bursted by security agencies. This is another assurance that our security operatives are leaving no stone unturned in the fight against banditry and other related activities. While it has become obvious that the activities of these non state actors are politically motivate...

BREAKING: 2Baba Shot Dead In Rivers State

A notorious cult leader and the prime suspect in the brutal murder of the late Divisional Police Officer, SP Bako Angbashim, in the state, Gift Okpara, popularly referred to as 2Baba, has been reportedly killed in a police-led major security raid. The police and other security agencies were said to have conducted land and aerial raids at the identical hideout of the Iceland cult leader and his gang at Idu-Ekpeye in Ahoada East local government area of Rivers on Saturday, February 17. According to The Nation , the Iceland cult leader was reportedly feared dead after the operation. Recall that in September 2023, the late DPO was ambushed and captured by the cult group led by 2Baba in the Odiemudie community, Ahoada East LGA. 2Baba and his gang then took the DPO to the forest, where they killed him and dismembered his body. The cultists then filmed him. Another source, Obi, said he saw no less than 15 vehicles and an Armored Personnel Carrier (APC) during th...

Prominent Leaders Pay Tribute to Late Sen Ifeanyi Ubah, at Anambra Community Candlelight Procession in Awka

Hundreds of mourners, friends, well-wishers, media representatives, and party faithful gathered are presently at Emmaus House in Awka for a candlelight procession to honor the late Senator Ifeanyi Ubah. Chief Egwuonwu in his speech expressed his deep grief over the loss of his friend and brother, Senator Ubah, saying it's hard to find words to convey his emotions. However, he says that he finds solace in the tremendous impact Senator Ubah had on the lives of those he encountered. Chief Owelle Mbaso, leader of Anambra Former Political Appointees in paying glowing tribute said that Senator Ubah led a life worthy of emulation. He said "he knew he wouldn't pass this way again,reason he ensured he impacted on several life's without expecting anything in return." Mr Linus Williams, BLord in a glowing tribute recounted how Late Senator Ubah helped him when he was wrongly accused of sponsoring terrorism. He said " even though I have not meet him or seen ...

NIGERIAN NOTCH

Search This Blog