Nigeria is investment friendly, NIDCOM assures Diasporans
Abike Dabiri-Erewa, Chairman/CEO Nigerians in Diaspora Commission (NiDCOM) has assured Nigerians living abroad that the country is blessed with an investor-friendly environment, and urged them to continue to invest in the country.
She gave the reassurance in a statement while reacting to the protest and petition of a group called ” The Foreign Investors Network (FIN) by its President Ifeoma Nkengwu, as well as its Country Representative Rev. Emmanuel Olorunmagba, who both claimed that the environment in Nigeria was not enabling enough for intending investors,citing the issue of Winhomes Global Services Limited who claimed to have invested over $250 million in real estate in Okun Ajah, Lagos and had it demolished by the Minister of Works, Sen. Dave Umahi.
Reacting to the petition, Hon. Abike Dabiri-Erewa said “We acknowledge their reach out to NIDCOM, months after the whole issue had become a sensational media affair.
We had begun an investigation into the matter and had some officials visit the site.
However, unfortunately we discovered that the matter is currently in court and we can only wait for the court ruling”
” Nigeria remains open to investors and we commend our brothers and sisters in the diaspora who have been investing in Nigeria particularly in the areas of health,
ICT, Agriculture, Real Estate, Education etc”, she added.
The NIDCOM boss stressed that Nigeria Diaspora Investment Summit (NDIS) remains a veritable channel for diasporas wishing to invest and Federal Ministry of Industries and Trade and Investment will soon announce some initiatives in partnership with the Commission. She also assured them that as their embassy in Nigeria , they should always contact NiDCOM to assist in areas they may wish to navigate and clarify.
Dabiri-Erewa commended Nigerians living abroad for improved remittances and investments recorded under the. President Bola Ahmed Tinubu administration, She said policies and Programmes that will continue to encourage them will be sustained as they remain a cornerstone of Nigerias economy and cannot be ignored.
