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Nigeria’s Economic Recovery Needs Diaspora Investment, Says Dabiri-Erewa

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Nigeria’s economic recovery may require a dose of galvanization of Diaspora investment, the Chairman/CEO, Nigerians in Diaspora Commission (NIDCOM), Hon Abike Dabiri-Erewa has reiterated.

She noted that Nigeria’s economy presently needed a breath of life, and the galvanization from a structured Diaspora investment might lead to economic boom.

The NIDCOM boss said this at a strategic meeting with an investment group, Optiva Capital in Abuja on Thursday.

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She added that collaboration between Optiva Capital Partners and NiDCOM signals a pivotal step towards harnessing the potential of Nigeria’s Diaspora community, fostering sustainable economic growth, and strengthening ties between the Diaspora and their homeland.

Dabiri-Erewa also said that NiDCOM is willing to partner with Optival Capital Partners in advancing Diaspora investment and leveraging the capabilities of Nigerians living abroad.

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She expressed satisfaction with the parley, stating that the meeting aligns with the Commission’s core objectives,
highlighting the significance of fostering a structured and symbiotic relationship with the Diaspora, and showing the importance of trust building.

Dabiri-Erewa further stated that platforms such as the Nigerians in Diaspora Investment Summit, which serves as a linkage for Diasporans to invest in various sectors of the Nigeria’s economy. was already in place and would be strengthened , adding that plans are on for a structured Nigerian diaspora fund to be private sector driven with appropriate government supervision

She said: “NiDCOM serves as the bridge connecting Nigeria and its Diasporans, facilitating mutual growth and development.”

Chief Executive Officer, (CEO), Optiva Capital Partners Jane Kimemia expressed satisfaction with NIDCOM’s warm engagement promising to strategically work with the Commission to double Diaspora investment opportunities, fostering new business ventures for the Diaspora to reinvest in their homeland.

She reiterated that the best investment by the Diaspora should be in their home country, noting that Nigeria with a population of over 200 million people over opportunities for massive return on investment

Optiva Capital Partners is a prominent wealth management firm which specializes in investment immigration, investment advisory, and insurance services.

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