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NIDCOM, Group move to protect diaspora investment

Dr Sule Yakubu Bassi, Secretary NiDCOM, presenting a Copy of the National Diaspora Policy to Mr. Wale-Smatt Oyerinde, The Director-General, NECA

The Director-General, Nigeria Employment and Consultative Association (NECA) Mr Wale-Smatt Oyerinde has reiterated the need for a shift in consumption of remittances from Social safety to Investment.

A statement by NiDCOM indicated that Mr. Oyerinde disclosed this during a courtesy visit to the Management of Nigerians in Diaspora Commission NiDCOM in Abuja.

According to him, stakeholders from Private and Public Bodies and Agencies need to come together and create a regulatory environment that can protect the interests and investments of the Diaspora.

Oyerinde, who described Nigeria as not just a destination but a transit and investment hub, added that Nigeria can be developed from Giant of Africa to a Global Investment Giant if all sectors come together to provide a thriving environment for investments.

The Secretary NiDCOM Dr. Sule Yakubu Bassi, who received the delegation on behalf of Chairman of NiDCOM Mrs. Abike Dabiri-Erewa commended the Management of NECA for the valuable initiative.

Bassi described the initiative to be inline with the mandate of the Commission as NiDCOM, since inception, has been developing programmes and structures to ensure sustainable engagement of the Diaspora.

NECA has over 4000 members on board from all sectors of the economy.

Reporting by Hamza Alkali; Editing by Marian Benjamin