Categories: Business

Investments from Nigerians Abroad will Help Economy to Grow, Buhari Says

President Muhammadu Buhari has declared that the huge investments made in the country by Nigerians in Diaspora would help in no small measure in the survival of the nation’s economy.
The President has also praised the youth for excelling in their various callings at home and abroad, saying Nigeria would welcome inputs and investments from compatriots with international exposure for the economy to thrive.
President Buhari, according to a statement issued Saturday by his Media Adviser, Mr Femi Adesina, spoke at a town hall meeting with Nigerians in the Diaspora, in Kigali, the Rwandan capital, on the sidelines of the 26th Commonwealth Heads of Government Meeting (CHOGM).

He noted that with the establishment of the Nigerians in Diaspora Commission (NIDCOM), Nigerians abroad can now seamlessly contribute their quota to national development, especially in the areas of investments in the economy.
His words: ‘‘Our agriculture, housing and real estate, ICT, healthcare, education and services sectors among others are waiting for your inputs and investments considering your global exposure.
‘‘Let me urge you to key into the programmes of NIDCOM to make your contributions,” Buhari explained.
Commenting on the feat performed by Nigerians at home and in Diaspora, he said: ‘‘I am proud of you all, and I remain ever proud of our Nigerian youths excelling, at home and abroad.

‘‘It gives me great pleasure to be in Kigali, Rwanda and to meet with you, members of the Nigerian Diaspora as part of my regular meetings with Nigerians wherever I visit other countries.
‘‘Let me begin by congratulating and commending Yewande Adebowale for emerging as one of the top four winners at the Commonwealth Youth competition at the Kigali Startup Festival 2022 at the Commonwealth Youth Forum.
‘‘I also commend Esther Olanrewaju and Favour Aderinto who are recipients of the Lakshmi Subramanian CMU-Africa Student Excellence Awards for Masters in Information Technology and Electrical and Computer Engineering respectively.

The Nigerian leader, who commended the level of professionalism of Nigerians living in Rwanda and the amiable nature of their interactions with each other, added that living peacefully and in obedience to the laws of the host nation was also paramount as it gives Nigeria a good name.
‘‘Remember, that you are our ambassadors-at-large while here. People would read and know Nigeria by your actions and activities.
‘‘Our government is determined to work with Nigerians both at home and abroad to develop our economy and create a nation that is productive, peaceful, and caters to the needs of its citizens.
‘‘We are also working assiduously to protect all Nigerians whether at home or abroad to feel safe and attain their full potentials in life.’’

Earlier in his speech, the Nigerian High Commissioner to Rwanda, Ambassador Aishatu Musa, told President Buhari that Nigerians in the country were generally well behaved, and their population has swelled from 100 to 400 in recent years, “and they are in various fields like banking, agriculture, education, telecommunications, and others.”
She added that the President of the Association of Nigerians is Professor Umaru Wali, a Dean at the University of Rwanda.
The event, coordinated by NIDCOM Chairman, Hon Abike Dabiri-Erewa, saw some Nigerians interacting with the President.

They include Kelechi Reginald, Chief Executive Officer of an investment firm; Uduak Udoh, who runs an architectural consultancy; Muyiwa Omololu, Managing Director of Rope Ways Transit, a company that builds cable cars; Favour Aderinto and Esther Olanrewaju, Lakshmi Subramaniam Excellence Award Winners, and Yewande Adebowale, who runs Salubata, an outfit that makes shoes from recycled plastic waste.

Deji Elumoye in Abuja

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