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Nigeria Woos Diaspora Investors in Canada with High-Level Delegation
🇳🇬 Nigeria /Economy & Trade

Nigeria Woos Diaspora Investors in Canada with High-Level Delegation

From Vanguard · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Nigeria's President Bola Tinubu has appointed a delegation led by Chief of Staff Femi Gbajabiamila to attend the Nigeria Diaspora Investment Economic Conference in Toronto, Canada.
  • The conference, themed "Invest Nigeria, Thrive Abroad," aims to attract diaspora investment and strengthen economic ties.
  • The delegation includes several ministers and state governors, alongside representatives from key Nigerian economic agencies.

Nigeria is actively seeking to harness the financial power of its diaspora, with President Bola Tinubu assembling a high-level delegation to attend the inaugural Nigeria Diaspora Investment Economic Conference (NIDEC) in Toronto, Canada. The delegation, spearheaded by Chief of Staff Femi Gbajabiamila, will participate in the event scheduled from August 12 to 15.

The composition of the Federal Government delegation underscores the Tinubu administration’s commitment to leveraging diaspora resources to drive economic growth, attract foreign direct investment and deepen bilateral trade with Canada.

— Abike Dabiri-ErewaChairman/Chief Executive Officer of the Nigerians in Diaspora Commission (NiDCOM), explaining the significance of the delegation's participation.

The conference, operating under the theme "Invest Nigeria, Thrive Abroad," is designed as a crucial platform to foster economic engagement. It will convene policymakers, business leaders, and members of the Nigerian diaspora to explore diverse investment opportunities across vital sectors of the Nigerian economy. This initiative underscores the administration's commitment to leveraging diaspora resources for economic growth and attracting foreign direct investment.

Abike Dabiri-Erewa, Chairman/CEO of the Nigerians in Diaspora Commission (NiDCOM), highlighted the conference's role as a results-oriented investment platform aimed at converting investor interest into tangible projects. She emphasized the shared commitment between Nigeria and Canada to bolster economic cooperation and connect global investors with ready opportunities within Nigeria.

The conference is a high-level, results-oriented investment platform designed to translate investor interest into bankable projects.

— Abike Dabiri-ErewaChairman/Chief Executive Officer of the Nigerians in Diaspora Commission (NiDCOM), describing the conference's objectives.

The Nigerian delegation is substantial, featuring key figures such as the Minister of Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu; Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole; and Minister of Interior, Olubunmi Tunji-Ojo. Additionally, Governors Charles Soludo (Anambra), Babagana Zulum (Borno), Uba Sani (Kaduna), Caleb Mutfwang (Plateau), and Dauda Lawal (Zamfara) are part of the contingent. Representatives from the Central Bank of Nigeria, Nigeria Customs Service, and various investment promotion agencies will also be present, signaling a comprehensive government effort to engage potential investors.

The initiative reflects the shared commitment of Nigeria and Canada to strengthening economic cooperation while connecting global investors with investment-ready opportunities in Nigeria.

— Abike Dabiri-ErewaChairman/Chief Executive Officer of the Nigerians in Diaspora Commission (NiDCOM), on the collaborative aspect of the conference.
DistantNews Editorial

Originally published by Vanguard in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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