Advertisement

Advertisement

Dabiri-Erewa Calls on Diaspora Nigerians to Prioritize ‘Nigeria First’ for Development

Wale WhalesNews9 months ago

Advertisement

 Abike Dabiri-Erewa, Chairman of the Nigerians in Diaspora Commission (NiDCOM), urged 15 million diaspora Nigerians to adopt a “Nigeria First” approach to drive national development. 

Speaking at a diaspora investment conference in Abuja, she highlighted their $402.38 million remittances in October 2024, a 61.1% rise from 2023, as a cornerstone for economic growth. Dabiri-Erewa encouraged investments in tech, agriculture, and healthcare, noting that 20% of Nigeria’s $1 billion startup funding in 2024 came from diaspora sources, creating 50,000 jobs.

NiDCOM, established in 2017, has facilitated 500 diaspora-led projects, including 200 hospitals and 150 schools, impacting 5 million Nigerians. Dabiri-Erewa, a former lawmaker and broadcaster, cited Nigeria’s 3.5% GDP growth and 32% inflation as challenges requiring diaspora expertise, with 60% of Nigerians abroad holding advanced degrees. She proposed a $500 million Diaspora Fund to channel investments, modeled on India’s $80 billion diaspora model, and urged collaboration with Nigeria’s 110,000 tech professionals to rival Silicon Valley by 2030.

ALSO READ:  Defence Headquarters Dismisses Allegations of Canada Visa Denials

The conference, attended by 1,500 delegates, showcased diaspora success stories, like a $10 million solar plant in Ogun State, powering 20,000 homes. Dabiri-Erewa addressed brain drain, noting 30% of Nigeria’s doctors work abroad, and called for knowledge transfer programs, with 10,000 professionals already mentoring local youths. 

She emphasized patriotism, urging diasporans to counter negative narratives, as 70% of global media portrays Nigeria as unsafe. Nigeria’s $20 billion annual remittance inflow, 5% of GDP, underscores the diaspora’s role, with NiDCOM targeting $30 billion by 2027 to fund 25% of infrastructure needs.

0 Votes: 0 Upvotes, 0 Downvotes (0 Points)

Advertisement

Leave a reply

Our platform covers everything from global events and politics to entertainment, technology, and lifestyle, ensuring you never miss a story.

Newsletter

Stay Informed With the Latest & Most Important News

Advertisement

Loading Next Post...
Follow
Search Trending
Popular Now
Loading

Signing-in 3 seconds...

Signing-up 3 seconds...

Cart
Cart updating

ShopYour cart is currently is empty. You could visit our shop and start shopping.

Discover more from RainSMedia360

Subscribe now to keep reading and get access to the full archive.

Continue reading