Dabiri-Erewa: Nigeria To Launch a Diaspora Mortgage Plan

The Chairman/CEO of Nigerians in the Diaspora Commission, NiDCOM, Abike Dabiri-Erewa, stated that the Diaspora Mortgage Scheme would be exposed to a global audience following the Nigeria Diaspora Investment Summit, NDIS.

Mrs Dabiri-Erewa stated this during her speech on Thursday at the current NDIS event at the Presidential Villa Conference Center in Abuja.

She stated that the summit has lived up to its goals of bringing Diaspora investment into indigenous firms in Nigeria, with numerous success stories since its beginning in 2018.

According to her, “we have at this Summit, a major focus on Ondo State and the numerous investment opportunities it has to offer.

“The Federal Mortgage Bank’s National Housing Fund (NHF) Diaspora Mortgage Scheme, is going to be flagged off to a global audience soon after this event, both in Nigeria and in the United Kingdom.

“There is also the Eco Bank’s Rapid Transfer Application, which is meant to ease remittances from the Diaspora Community to Nigeria.

“It’s also available on our website for people to access and have cheaper and faster means of remittances to the country,” she said.

She went on to say that the commission and its partners were grateful for the government commitment, which demonstrates that the administration recognizes the huge potentials of the Diaspora for Nigeria’s development and is committed to utilizing these potentials.

“I will like to commend Nigerians in Diaspora for their enormous contributions to the development of the nation, especially during the quest by the Federal Government to go far in repositioning the economy.

“There is a need to partner with the Diaspora in achieving these goals. This is why the Summit with this year’s theme “Optimising Investment Opportunities for National Development”, is very apt.

“It creates that avenue and platform of partnership between the government and the Diaspora in attracting investment into local business and enhancing Foreign Direct Investment (FDI) in the country.

“Beyond this, NDIS has over the years been expanding its participants’ network, showcasing their products and services to target audience such as the Diaspora investors, sponsors and government actors.

“Besides, it has been providing pro bono coaching and mentoring services to pitchers on how best to sell their business and attract investment.

“This goes to show that the Summit is not just keen on attracting FDI but ensures that the capacities of local businesses, most especially those that participate in the Summit, are significantly enhanced,” she said.

The three-day event, which began on November 15, would conclude on Thursday with a Gala Night.

According to NAN, the topic of the 2022 Summit, which is being organized by NiDCOM in collaboration with the Nigeria Diaspora Summit Initiative, NDSI, is “Optimising Investment Opportunities for National Development.”

NAN