The Minister of State for Foreign Affairs Zubairu Dada has inaugurated a 14- Member Ad hoc Committee on the establishment of Diaspora Investment Trust Fund in Abuja.
In a statement signed by media head of Nigerians in diaspora commission NiDCOM Gabriel Odu, Zubairu Dada enjoined the committee members to advise on:
(i) The mission and objectives of the fund
(ii) The structure of the fund(especially a private sector-led and driven by the Nigerians in Diaspora
(iii) The sources and value of the fund
(iv) The processes for and procedure for its establishment
(v) The procedure and guidelines for accessing the fund and its utilisation
(vi) The fund Managers/Management
And any other issues pertinent to the realization and establishment of the fund.
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The Minister added that the committee has one month to complete their tasks. The 14- Member Ad hoc Committee includes Ali Garba of Financial Investment Services Winconsin USA as Chairman while Professor Manny A. Aniebonam, Global Investor, and Member, NIDAN(Nigerians in Diaspora Alumni Network) as co-chair.
Other Members include:
Chief Bimbo Roberts Folayan, Ms. Lola Visser Mabogunje, Barr Kachi Okezie, Mr. Femi Odere, Dr. Mrs. Ngozi Ogbonna-Erondu, Amb Edward A Sarki, Mr. Uche Orji, Mr. Mansur Nuhu Bamalli, Ms. Gbemi Adesemowo, Hon Abdulrahman Terab, Mariam Madaki a Representative from the Ministry of Finance.
The Committee is to advise and make recommendations on the earlier mentioned terms of Reference.
Editor Paul Akhagbemhe
