Nigerian govt plans Diaspora Investment Fund, names team | Nigerian News. Latest Nigeria News. Your online Nigerian Newspaper. f



The federal government has constituted a committee on the establishment of Diaspora Investment Trust Fund.


Minister of State, Foreign Affairs, Zubairu Dada inaugurated the 14-member team in Abuja.


Dada told them to advise the government on: The mission and objectives of the fund, the structure, the sources and value, and the procedure for establishment.


Others are: Guidelines for accessing the fund, its utilisation, the fund managers/management and other pertinent issues.


The committee has one month to complete its assignment.


Chairman/CEO NIDCOM, Abike Dabiri-Erewa, said the formation was part of discussions at the first Nigerian Diaspora Investment Summit held in 2018.


Ali Garba, a Financial Advisor at Morgan Stanley, is the committee chairman.

Members are Manny Aniebonam, Bimbo Roberts Folayan, Lola Visser Mabogunje, Kachi Okezie, Femi Odere, Ngozi Ogbonna-Erondu, Edward Sarki.


Others are Uche Orji, Mansur Nuhu Bamalli, Gbemi Adesemowo, Abdulrahman Terab, Mariam Madaki, and a representative of the Ministry of Finance.

Click to signup for FREE news updates, latest information and hottest gists everyday

Advertise on to reach thousands of our daily users

Post a Comment Default Disqus

Latest Nigerian News
Comments are Moderated. Clean Comments will be swiftly approved. No swear words, no racism, allowed.