Diaspora investments can galvanise Nigeria’s economic prosperity – Dabiri-Erewa

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Abuja, March, 22, 2024 – Abike Dabiri-Erewa, the Chairman of Nigerians in Diaspora Commission (NIDCOM), says  structured Diaspora investment can galvanise Nigeria’s economic prosperity.

Dabiri-Erewa said this in Abuja on Thursday during a strategic meeting with a wealth management company, Optiva Capital Partners.

She said the collaboration between Optiva Capital Partners and NiDCOM would be as a pivotal step toward harnessing the potential of Nigeria’s Diaspora community in fostering sustainable economic growth and strengthening ties between the Diaspora and their homeland.

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

She said the meeting aligned with the Commission’s core objectives, highlighting the significance of fostering a structured and symbiotic relationship with those in the Diaspora.

Dabiri-Erewa said that platforms like the Nigerians in Diaspora Investment Summit which served as a link for those in Diaspora to invest in various sectors of Nigeria’s economy was already in place and would be strengthened.

She said that plans were on for a structured Nigerian Diaspora Fund that would be private-sector driven with appropriate government supervision.

“NiDCOM serves as the bridge connecting Nigeria and its Diasporans, facilitating mutual growth and development,” she stressed,

Dabiri-Erewa expressed satisfaction with the investment profile of Nigerians in the Diaspora in the last couple of years.

Jane Kimemia, Chief Executive of Optiva Capital Partners, expressed satisfaction with MIDCOM’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, Nigeria, with a population of over 200 million people

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

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