Tinubu Urges Diaspora Investment at Summit Where HELLO Energy Won Award

President Bola Ahmed Tinubu has encouraged Nigerians living abroad to capitalize on current economic reforms and invest in Nigeria, asserting the nation's potential as an investment destination. Speaking at the Nigeria Diaspora Investment Summit (NDIS) in Toronto, Canada, Tinubu, represented by his Chief of Staff Femi Gbajabiamila, called on diaspora investors to partner with local entrepreneurs and government leaders to foster economic growth.

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the country remains a viable destination for investors.

The annual summit, organized by the Nigerians in Diaspora Commission (NiDCOM) and the Nigeria Diaspora Summit Initiative (NDSI), aims to transition diaspora engagement from reliance on remittances towards long-term, sustainable investments. It also seeks to promote indigenous businesses capable of attracting diaspora capital.

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the summit seeks to shift diaspora engagement from reliance on remittances to long-term, sustainable investments, while promoting indigenous businesses with the potential to attract diaspora capital.

Dr. Abike Dabiri-Erewa, Director-General of NiDCOM, stated that the summit focused on expanding partnerships and funding in key sectors such as fintech, agriculture, and energy. A notable moment was the recognition of HELLO Energy, a Nigerian company, which was honored with the Diaspora Community Impact and Infrastructural Development Award. CEO of HELLO Energy, Barrister Okhide Ezigbo, expressed that the award would motivate the company to increase its investments, citing Nigeria's vast investment potential.

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the meeting was focused on expanding partnerships and funding in high-potential sectors, including fintech, agriculture and energy.