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Home Business News Business

3000 participants projected to grace Diaspora Investment Summit

Chidi Emenike by Chidi Emenike
November 17, 2020
in Business
The Federal Government has moved to evacuate stranded Nigerians in the United Arab Emirates (UAE
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At least 3000 participants are projected to grace the upcoming Nigerians in Diaspora virtual Investment Summit holding from November 20 to 21, according to Abike Dabiri-Erewa, CEO/Chairman, Nigerians in Diaspora Commission (NiDCOM).

What you should know

The Diaspora Virtual Investment Summit is organized by NIDS, a private sector-driven initiative in collaboration with NIDCOM and Nigeria Diaspora Summit Initiative. This is the third edition with the theme: “Post-COVID-19 Economic Resurgence: Targeting Diaspora Investment.”

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This year’s edition is virtual owing to the global pandemic. So, the participants are expected to register online. Mrs. Dabiri-Erewa shared the registration link on her Twitter handle.

https://twitter.com/abikedabiri/status/1328377731164332035?s=19

What they are saying

According to a report by the News Agency of Nigeria, Mrs. Abike said,

“The biggest advantage is that participants are free to attend from anywhere in the world. This virtual summit is aimed at creating an avenue for prospective, meaningful, and sustainable diaspora investment to be relied upon to boost economic growth in Nigeria.

READ: Nigeria’s status quo remains at MSCI Frontier Markets Index

“The virtual summit will also showcase the investment opportunities and the developmental framework put in place to make investing in Nigeria more attractive to Nigerian Diaspora investors. The aim is to establish a platform where Diaspora investors can interact with potentials, sponsors, partners, and collaborate with government; they will also direct round-table deals for mutual benefits.

“We are also expecting financial intermediaries and stakeholders who have an interest and commitment to the resurgence and revival of the Nigerian economy, with particular regard to its diversification to enhance attractiveness. This summit will strengthen participants’ profile, expand their network, show-case practice, products and services at a virtual conference with potential government actors.

“We project that 3,000 participants will be joining this investment summit. Participation is free. However, pitchers looking for investors are asked to pay N15,000.”

READ: Ecobank shakes up the competition, introduces low-cost remittance app

Why it matters

The event is expected to attract diaspora investors from the healthcare, education, agri-business, creative, sports and entertainment, telecom, ICT/fin-tech, and manufacturing sectors, with participants taken through exhibition halls – all in a bid to maximize growth potentials in the aforementioned sectors.

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Tags: Abike Dabiri-ErewaNIDCOMNigerians in Diaspora Commission
Chidi Emenike

Chidi Emenike

Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

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