By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AIT LIVEAIT LIVEAIT LIVE
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Font ResizerAa
Font ResizerAa
AIT LIVEAIT LIVE
Search AIT
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Follow US

President Buhari approves establishment of Nigerian diaspora investment trust fund

Last updated: January 11, 2022 4:25 pm
4 years ago
Share
2 Min Read
BUHARI

President Muhammadu Buhari has endorsed the establishment of the Nigerian Diaspora Investment Trust Fund (NDITF), a private sector investment window with Nigerians in the Diaspora to support direct investments in the country.

Speaking at the presentation of a compendium entitled +600 Diaspora Icons @ 60, published by the Nigerians in Diaspora Commission (NiDCOM), the President said Nigeria is open to welcoming the Diaspora Direct Investment by compatriots abroad.

The President, who also pledged support for the establishment of the Diaspora Intervention Fund to support the Commission to fulfil its mandate, noted that the foreign exchange remittances by Nigerians in the Diaspora have not only helped families but enhanced the development index of Nigeria.

The President described the 327-page compendium as a historical record of the worth of compatriots globally, adding that the distinguished list in the publication is a reminder of what Nigerians are capable of doing to the delight of the global community.

The President reminded Nigerians that it is their duty to extol and celebrate compatriots that excel in their chosen careers and professions.

Also Read: Buhari to commission landmark projects in Ogun State

While congratulating those whose names made it to the first edition, President Buhari encouraged others to work more conscientiously to make the list in the subsequent editions.

Recounting his engagements with Nigerians in the Diaspora during his official travels abroad, the President said his Diaspora threefold agenda remains unchanged.

In her remarks, the Chairman/CEO of NIDCOM, Abike Dabiri-Erewa said the idea of the compendium was inspired from the regular Diaspora Presidential Town Hall meetings.

She explained that the Commission plans to publish the compendium at regular intervals, towards changing the negative stereotypes typified by the activities of a few Nigerians who do not represent the country well.

(Editor: Hadiza.A.A)

  • WhatsApp Image 2022 01 11 at 4.06.03 PM
Share This Article
Facebook Twitter Whatsapp Whatsapp Email Print

RSS APO Group – Africa-Newsroom: latest news releases related to Africa

  • African Energy Chamber’s (AEC) NJ Ayuk Recognized as One of New African’s Most Influential Africans of 2025 December 19, 2025
  • Four new board members strengthen Afrobarometer scope for youth empowerment, technology, governance, and finance December 19, 2025
  • Youth Charter Launches “From Luanda to Legacy”: A Global Campus Campaign for Africa’s Youth – beyond the 4th African Youth Games December 19, 2025
  • Orange supports the TotalEnergies CAF Africa Cup of Nations, Morocco 2025 in delivering a connected and inclusive tournament December 19, 2025
  • FIFA World Cup™ Trophy Tour by Coca-Cola: Celebrating Two Decades of Connection December 19, 2025

Trending

Insecurity
Coalition of Northern Youths threaten mass action over insecurity
Local
aitlive 3 5
NAPTIP rescues 12-year-old girl forced into marriage in Benue State
Local
aitlive 1 33
President Tinubu vows to end Nigeria’s reliance on borrowing, targets 18% rise in Tax to GDP ratio
Economy Headlines
aitlive 7 1
Tinubu Meets Ayim, Metuh At Presidential Villa
Local
AIT IMAGES 4
Zamfara Govt. Pledges To Prioritise Girl-Child Education
Local

Section

  • Headlines
  • Local
  • Business
  • Politics
  • Sports
  • Crime
  • Education
  • Health
  • Entertainment

Programmes

  • Kakaaki
  • Focus Nigeria
  • Democracy Today
  • People Politics and Power
  • News Hour
  • AIT Reports
  • World News
  • Moneyline With Nancy
  • Jigsaw

About Us

  • About AIT
  • Our History
  • Our Awards
  • Our Values
  • Privacy Policy


Follow US
© AIT.LIVE. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

THE MOST IMPORTANT NEWS HEADLINE AND EVENT OF THE DAY

Subscribe to our mailing list to receive daily news update direct in your inbox!

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?