FG Plans Nigerian Diaspora Investment Fund
The Minister of State, Ministry of Foreign Affairs Ambassador
Zubairu Dada has inaugurated a 14- Member Adhoc Committee on the
Establishment of Diaspora Investment Trust Fund in Abuja.
Inaugurating the Adhoc Committee Amb. Zubairu Dada enjoined them
to among other things advise on:
(i) the mission and objectives of the fund
(ii) the structure of the fund(especially a private sector led and
driven by the Nigerians in Diaspora
(iii) the sources and value of the fund
(iv) the processes for and procedure for its establishment
(v) the procedure and guidelines for accessing the fund and its
utilisation
(vi) the fund Managers/Management
(vii) any other issues pertinent to the realization and
establishment of the fund.
The Adhoc Committee has One Month to complete its assignment, the
Hon Minister emphasized.
Earlier, the Chairman/CEO NIDCOM, Hon Abike Dabiri-Erewa expressed
delight that the Adhoc Committee is being established, the first
ever in the history of Nigeria, an outcome of the first Nigerian
Diaspora Investment Summit held in 2018. The NIDCOM Boss urged the
Committee to
carry out its functions by Virtual means given the circumstances of
COVID-19 Pandemic.
The 14- Member Adhoc Committee has Chairman Dr Ali Garba of
Financial Investment services Winconsin USA while Professor Manny
A. Aniebonam, Global Invstor and Member, NIDAN(Nigerians in
Diaspora Alumni Network).
Other Members include:
3. Chief Bimbo Roberts Folayan
4. Ms Lola Visser Mabogunje
5. Barr Kachi Okezie
6. Mr Femi Odere
7.Dr Mrs Ngozi Ogbonna-Erondu
8. Amb Edward A
Sarki
9. Mr Uche Orji
10. Mr. Mansur Nuhu Bamalli
11. Ms Gbemi Adesemowo
12. Hon Abdulrahman Terab
13. Mariam Madaki
14. Rep Ministry of Finance .
The Committee is to advise and make recommendations on the above
terms of Reference.
Signed.
Gabriel Odu,
Media, Public Relations and Protocol Unit,
NIDCOM.
…………………
NIDCOM LAUDS ADESINA ON HIS RE-ELECTION AS AFDB PRESIDENT
Chairman/CEO, Nigerians in Diaspora Commission (NiDCOM), Hon
Abike Dabiri-Erewa has joined Nigerians and the Global Community to
congratulate Dr. Akinwumi Ayodeji Adesina, as he runs another
five-year term as the 9th President of the African Development Bank
(AfDB).
In a statement by Gabriel Odu of Media, Public Relations and
Protocol Unit of NIDCOM, the NIDCOM Boss describes the re-election
of Akinwunmi Adesina President of the Continental Institution as
the right thing to do given his plethora of achievements stressing
that many Nigerians are mostly known for their integrity,
dexterity, innovation and drive; making them most suitable
candidates for international accolades and leadership roles, and
not criminals as most people are quick to project the country
as.
She said ” I hoped that his coming back as the regional Chief of
the Bank, will pave more grounds and strategies to develop Africa
in various sectors.”
Dr. Akinwumi Ayodeji Adesina became the 8th elected President of
the AfDB on May 28, 2015 by the Bank’s Board of Governors at its
Annual Meeting in Abidjan, Côte d’Ivoire. He assumed office at the
Bank’s headquarters in Abidjan on September 1, 2015.
The 60-year-old Adesina is a notable development economist and
agricultural development expert with 25 years of international
experience. He is the first Nigerian to serve as President of the
Bank Group, and first also to be re-elected. He has to his
portfolio, served as Nigeria’s Minister of Agriculture and Rural
Development from 2011 to 2015, which saw radical policy reforms in
the fertilizer sector and implemented innovative agricultural
investment programs
Dr. Adesina was previously Vice-President (Policy and
Partnerships) of the Alliance for a Green Revolution in Africa
(AGRA). He was also Associate Director (Food Security) at the
Rockefeller Foundation in New York (1998-2008) and its Regional
Office Director and Representative for Southern Africa.
The AfDB Head was Principal Economist and Social Science
Research Coordinator for the International Institute of Tropical
Agriculture (IITA), Principal Economist and Coordinator of the West
Africa Rice Economics Task Force at the West Africa Rice
Development Association (WARDA) and an Assistant Principal
Economist at the International Crop Research Institute for the
Semi-Arid Tropics (ICRISAT). In addition, he was the President of
the African Association of Agricultural Economists from
2008-2010.
Adesina is a multi-recipient of international awards in
leadership and work in agriculture. In 2010, Former United Nations
Secretary General Ban Ki-moon appointed him as one of 17 global
leaders to lead the Millennium Development Goals, along with Bill
Gates, the Spanish Prime Minister and the President of Rwanda. He
was named “Person of the Year” by Forbes Africa magazine in
2013.
Dr. Akinwumi Ayodeji Adesina holds a first-class honours
Bachelor’s degree in Agricultural Economics from the University of
Ife, Nigeria in 1981. In 1988 he completed a PhD in Agricultural
Economics at Purdue University in the US, where he won the
Outstanding PhD Thesis Award for his research work. He also won the
prestigious Rockefeller Foundation Social Science Post-Doctoral
Fellowship in 1988, which opened his international career in global
agricultural development. He was born on February 6, 1960, and
speaks French and English, fluently.
Signed
Gabriel Odu
Medidia, Public Relations and Protocol Unit
NIDCOM
Abuja