Nigerian govt plans Diaspora Investment Fund, names team [Full list] - Saga Gist - Top Source for Nigeria News

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Friday, August 28

Nigerian govt plans Diaspora Investment Fund, names team [Full list]




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.

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