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.

Tinubu Appoints Chioma Awuzie Substantive Rector, Fed Poly Oko

President Bola Ahmed Tinubu has approved the appointment of Dr. Chioma Irene Awuzie as the substantive Rector of Federal Polytechnic, Oko, Anambra State. Dr. Awuzie's appointment, which takes effect immediately for a five-year term, follows the recommendation of the Polytechnic's Governing Council, chaired by Sen. Dr. Barnabas Gemade, after a transparent and competitive selection process where she emerged as the leading candidate. Prior to her appointment, Awuzie, who holds a Doctorate Degree in Physical and Materials Chemistry, was a distinguished Chief Lecturer in the Department of Science Laboratory Technology (Chemistry Option) and also Director in-charge of Tertiary Education Trust Fund (TETFund) Projects in the Polytechnic. Under her stewardship, Federal Polytechnic, Oko, witnessed unprecedented advancements in infrastructure and institutional transformation. Her leadership facilitated monumental developments across the Polytechnic’s campuses in Oko, ...

#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...

Tension In Uruagu Nnewi As Community Leaders Dare Soludo,Defy Court Order

The President of Uruagu-Nnewi Development Union, Chief Sunday Okoli aka Organizer, and the Obi of Uruagu-Nnewi community in Nnewi North local government area of Anambra State, His Majesty Afamefuna Charles Obi, have swept Soludo's directive to the gutters, by reason of their suspension and subsequent dessolution of the leadership of the community's youth forum, led by Ejike Ifejiofor, and subsequent appointment of caretaker executive to pilot the affairs of youths in the community. The Anambra governor had, through a letter dated August 9, 2024, signed by the Permanent Secretary, Anambra State Ministry of Youth Development, Dr. Martin Agbili, warned the community leaders to stay any action regarding suspension of the Uruagu-Nnewi youth forum. The community had, through its PG, Chief Okoli, written to the Ministry of Youths Development, notifying the ministry of "immediate suspension" of the youth group over alleged insecurity in the area. But the ministry,...

NIGERIAN NOTCH

Search This Blog