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🇳🇬 Nigeria /Economy & Trade

Okpebholo’s UK visit will boost diaspora remittances, investment - Edo ex-commissioner

From The Punch · () English

Summarized and contextualized by DistantNews.

At a glance

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  • Edo State Governor Monday Okpebholo's recent visits to the UK are expected to boost diaspora remittances and investment.
  • Engagements with Edo indigenes and business leaders in the UK reinforced confidence and aim to increase financial inflows.
  • The governor showcased achievements under the SHINE Agenda and presented Edo as an investment destination, offering support to diaspora investors.

Governor Monday Okpebholo's recent working visits to the United Kingdom are anticipated to strengthen diaspora remittances and attract greater support for community development in Edo State. Dr. Paddy Iyamu, a former commissioner and Oredo Federal House of Representatives candidate, stated that the governor's engagements with Edo indigenes and business leaders in the UK have bolstered confidence among the diaspora.

Iyamu believes that stronger ties with Edo people abroad will lead to increased financial inflows and investments in development projects. "The visit will improve diaspora remittance and support because stronger ties with Edo people abroad mean more support for community projects and increased inflows back home," he said. The governor's engagement aimed to expand opportunities for economic growth.

The visit will improve diaspora remittance and support because stronger ties with Edo people abroad mean more support for community projects and increased inflows back home.

— Dr. Paddy IyamuExplaining the expected impact of Governor Okpebholo's UK visit on diaspora engagement and financial inflows.

During the visit, Okpebholo highlighted his administration's achievements under the SHINE Agenda, detailing progress in security, healthcare, infrastructure, and education. He presented Edo State as an emerging destination for both local and foreign investment. The governor assured Edo indigenes in the diaspora of his administration's readiness to support genuine investors, including offering land for those with viable plans to establish industries.

Plans to deepen investments in agriculture and technology, such as establishing a Cisco Academy to equip youths with digital skills, were also outlined. Iyamu commended the governor's direct interaction with participants in London, viewing it as a leadership style that prioritizes openness. He expressed confidence that the visit's outcomes would translate into sustainable economic opportunities, job creation, and improved well-being for Edo residents.

The governor’s engagement was aimed at expanding opportunities for economic growth.

— Dr. Paddy IyamuDescribing the purpose of the governor's meetings with the diaspora.
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Originally published by The Punch. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.

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