As the fourth edition of the Nigerian Diaspora Direct Investment Summit (NDDIS) got underway in London, members of the Nigerian delegation are expected to communicate with one voice that the Buhari Administration is serious in removing all real and perceived bottlenecks of doing business in the country, even as the forum serves as a platform for exposing investment opportunities in the country. Nigeria’s huge Diaspora population is perceived to be a portent force for national transformation.
The National Information Technology Development Agency (NITDA) is among Nigeria’s Federal and State MDAs, Private Institutions including, National Assembly delegates and Committees, State Government delegates and Investors Foreign Partners,
Foreign Agencies, Funders & Technology Providers and Many Public and Private business leaders to assemble at Brunei Gallery, University of London, London, United Kingdom, for the summit with the theme ” Diaspora Investment and Job Creation in Nigeria “.
The NITDA delegation was led by its Director-General, Dr. Isa Ali Ibrahim Pantami. Like its sister agencies, NITDA will take advantage of the summit to explain the strategies, incentives and opportunities being created in the IT space, which it regulates. More importantly, NITDA will seize the opportunity provided by the summit to intensify efforts aimed at shoring up the perception of the agency as a smart critical contributor to the ease of doing business in the country and stellar contributor to the gross domestic product (GDP) equation of the country.
Hundreds of Nigerians in the UK will gather in a Business-to-Business Summit to interact with delegates from the federal and state MDAs, private institutions and business people to discuss business and investment opportunities in Nigeria and how they can all partner with others to invest in Nigeria. The High Commissioner of Nigeria to the United Kingdom was billed to declare The Summit open.
The 4th NDDS is dedicated to mobilising the Diaspora to set up small and medium scale industries in Nigeria to create employment for young Nigerians to address the issues, to stimulate solutions, to create deals and to move beyond the usual ‘talkshop’. The High Commissioner of Nigeria to the United Kingdom will declare The Summit open.
In specific terms, the NDDIS:
– Will provide the opportunity for Nigerian States to lay out their projects and programmes and to engage with the diaspora to maximize the effectiveness of every investment and every project.
– It will give the diaspora the opportunity to engage directly and bring forward projects and business opportunities that matter to them and their families and their communities.
– International investors will be offered qualified investment opportunities in Infrastructure, Agriculture, Industry and Services.
Africa Telecom & IT understands that Governor Akinwunmi Ambode of Lagos state is among other state executives attending the summit. There will be at least one state from each zone of the country South East, South South, South West, North East, North Central and North West to pitch to the audience about their offerings to attract Diaspora investors.
The 4NDDS is also featuring exhibition by companies of their products and services to attract investors into Nigeria, in addition to Deal Rooms created to bring investors and those who can make things happen to meet ‘face to face’ to advance their discussions and strike deals that result in businesses being developed.
Earlier, the NDDIS Task force was inaugurated in London by the Chairman of the British African Business Alliance, David Smith and the CEO of the Nigerian Diaspora Direct Investment Summit, Chief Bimbo Roberts Folayan. The Task Force will mobilise the Diaspora to start new initiatives to attract jobs and investments into Nigeria as well as support and help attract Diasporan project setup into Nigeria.
The task force is made up of Nigerian experts from various fields: Otunba Tajudeen Obafemi Adenuga, Rita Nwokeji, Esther Stevens, Zaynab Adeleke Sholola, Shola Taiwo, Dele Jalad, Olanike Onyekachi Adexa, Abolly Abolanle, Toyin Solaru, Balogun Tsb, Adeola Banjo, Keh Olaleye, Uche Kay, Ene Ebong and Prince Tade Olusile.
They will join the Steering committee of the NDDIS June Douglas, Theodora Nollywood, Ibekwe-Oyebade, Ernest Okwudike, Bukola Olofinjana, Margaret Ade, Odusanya Cllr, Michael Adeyeye, Jermaine Sanwooluto, among others.
Since its inception, the Nigerian Diaspora Direct Investment Summit (NDDIS) has had highly successful summits attended by hundreds of investors, Nigerian state governors and their teams, Federal Ministers of Trade and Investments, DGs of Federal Parastatals amongst others. The first summit in 2013 attracted in excess of 2,000 participants over 2 days whereas, with over 700 delegates at the 2014 event.