₦airaland Forum

President Bola Tinubu has again expressed confidence that Nigeria is still on the right path to full recovery and prosperity despite the current economic challenges facing the country.

He restated this while speaking at the Aso Rock Presidential Villa Abuja during the 7th edition of the Nigeria Diaspora Investment Summit (NDIS) with the theme, “Adapting Stability through Diaspora Investment: Navigating the Path to Prosperity.”

The event, which was organised by the Nigerians in Diaspora Commission (NiDCOM) in conjunction with Nigeria Diaspora Summit Initiative, showcased an array of investment opportunities for entrepreneurs and investors at home and abroad to explore, invest and help turn the nation’s economy around.


Giving his remarks at the summit, which was co-sponsored by Pelican Valley Nigeria Limited and other notable partners, Tinubu commended the organisers for their continued faith in the country’s developmental trajectory and for encouraging diaspora remittances and investments back home.

The president, who was represented by Secretary to the Government of the Federation, Senator George Akume, disclosed that $20 billion was remitted by Nigerians in the diaspora in 2023, expressing the readiness of the Federal Government to keep creating an enabling environment to encourage Nigerians abroad to continually contribute to the growth and development of their fatherland.

Reports have it that $20 billion Diaspora remittance to Nigeria was higher than the $19.5billion in 2023, going by the World Bank report which also identified the United States as the largest source of remittances in the world, followed by Saudi Arabia and Switzerland.


The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, had reportedly said that Nigeria was expecting a doubling of its Diaspora remittances in the near future to boost its foreign exchange earnings.

The president reiterated that the two critical policies of his administration, fuel subsidy removal and free floating of foreign exchange, were meant to arrest the multiple forex rates that caused distortion in the nation’s socio-economic growth.

Also speaking at the event, the Chairperson and Chief Executive Officer of NiDCOM, Hon. Abike Dabiri-Erewa, highlighted the steps being taken by the President Tinubu-led administration to allay the fears of investors and protect their investments in Nigeria.

She identified the ongoing infrastructural development in several areas of the country as well as security reforms as parts of the steps, urging Nigerians in the diaspora to avail themselves of the abundant investible opportunities in their fatherland.


“Nigeria needs to do what they need to do in infrastructural development; roads need to be done, power and everything but this administration is making efforts to ensure that the right infrastructure is in place for investors coming to Nigeria.

“Security, of course, is an issue but there are ongoing security reforms to make sure that your investments are also protected,” Dabiri-Erewa assured.

In his goodwill message, the Chief Executive Officer of Pelican Valley Nigeria Limited, Ambassador (Dr) Babatunde Adeyemo, described the event as a great honour bestowed on Nigerians in the diaspora.

He noted that the summit was a veritable means of linking Nigerians in the diaspora with genuine and top-notch entrepreneurs not only in the real estate industry but also other sectors.


The leading real estate entrepreneur, who graciously thanked NiDCOM for the honour, pledged to rededicate his company to do more in the area of delivering innovative, technology-driven and energy-efficient smart homes.

Recalling his journey into real estate about 14 years ago, Adeyemo said that despite the challenging business climate, the firm has been able to practice the trade consistently with due diligence, integrity and standards without cutting corners, litigations or police cases.

He added that Pelican Valley has fully approved government layout for its estates, including a recent approval of about 600 plots of land for Pelican Brief and Ecostay Apartments extensions.

He explained that the essence is to create an enabling environment for average Nigerian youths to grow and foster an atmosphere that will drive non-oil foreign exchange remittances and investments into the country in order to help the economy and reduce the inflation threatening to take away people’s future.

He said, “We will always urge our governments and leaders to reciprocate our efforts in the real estate sector. If things are done the way they are supposed to be, we will not be looking for foreigners to grow our economy. Nigerians at home and diaspora can do a lot to help. It is not all about what Dr Babatunde Adeyemo is going to eat, I think I’m content with what God has done for me but this is all about creating an enabling environment for an average Nigerian youth to grow.

“It is all about looking forward to getting non-oil foreign exchange remittances into Nigeria so as to help our economy to reduce this killing inflation that is about to take away our future.”

He commended Hon Dabiri-Erewa for the wonderful job she is doing at NiDCOM to project Nigeria and her potential globally as well as fostering partnerships to help Nigerians in the diaspora identify worthy business opportunities at home and abroad for investment.

Adeyemo specifically identified lauded the invaluable support being extended to the real estate firm by NiDCOM boss, recalling vividly that at the commissioning of the first set of Pelican’s Ecostay Apartments in Kobape, Ogun State on September 11, 2024, Dabiri-Erewa was not only well represented but she also expressed the readiness of the commission to partner with him in showcasing novel real estate products to Nigerians in the diaspora.

He also noted that the feat attained in the industry in the last couple of years would not have been possible without the enabling environment provided by Governor Dapo Abiodun, whom he commended for his distinctive leadership that has been instrumental in attracting investments and promoting entrepreneurship in the Ogun State.

Earlier in her address, the Coordinator of the Nigeria Diaspora Investment Summit (NDIS), Badewa Adejube-Williams, said the meeting was meant to engage and inspire participants and stakeholders.

Adejube-Williams also described the platform as a movement and a “call to shape the prosperity of the country.”

“This platform (NDIS) is a movement that can’t be stopped. It is a call to action, to invite all of us to harness our collective energy, our ideas and our resources to shape a prosperous country; the country of our dreams for us, for our children, grandchildren and the generations to come,” she added.

https://tribuneonlineng.com/nigeria-on-the-path-to-prosperity-tinubu/amp/

Never have I doubted the competence of His Excellency, President Asiwaju Bola Ahmed Tinubu (GCFR)

I am confident and rest assured that he will steer Nigeria to prosperity, and I am quite aware of the high tides and why I don’t expect instantaneous results.

Change has been a gradual process and Asiwaju’s administration has proven that there is light at the end of tunnel.

I am human and at some point, I have had doubts about some policy’s, but after doing deeper research and having broader insight, I am always forced to agree with those policies. Ahmed Tinubu is a man with exceptional foresight.

Everyday nonsense talk from cocaine infested brain…promises he himself doesn’t even believe…smh

Arobaga:
Yoruba people



The Judas of the nation


The sophisticated unity beggars


Its so disheartening that una useless son of Tinubu dey use una eye see shege


Na the same shege I dey show una tribe men for port harcourt


Anyday we go get Niger delta republic I go use cutlass chase all of una commot PH


If I no do am make I die

Where da fvck do you reside in PH?

Village breed!

Fvck you!

Talkative

Economy reforms without human face.

These charlatans keep deceiving themselves with the same rhetoric while continuing to dish out calamitous economic policies that have only succeeded in inflicting severe pain, hunger, and starvation on the citizens.

Same way this despicable fella hailed on the disastrous Buhari's policies that he promised to continue from. The "nah statistics we go chop" economic illiterate that only specialize in forging educational certificates while attending ghosts schools before they are even formed.

The whole world have lost faith in tinubu administration. Only a fool will bring foreign currency to come and invest in Nigeria. My rent was increasedart year with 50% after tinubu subsidy is gone.

This year again it was increased with another 100%, never on my life I have witness house increase every year for a house I have occupied for many years without any increase only with tinubu administration. With tinubu there every year is worse than previous. This administration is a cursed one.

There is no direction. Even the tax increase and subsidy money the claim to generate inflation have destroyed them.

Before people pai finish let it come

CoronaVirusPro:
Never have I doubted the competence of His Excellency, President Asiwaju Bola Ahmed Tinubu (GCFR)

I am confident and rest assured that he will steer Nigeria to prosperity, and I am quite aware of the high tides and why I don’t expect instantaneous results.

Change has been a gradual process and Asiwaju’s administration has proven that there is light at the end of tunnel.

I am human and at some point, I have had doubts about some policy’s, but after doing deeper research and having broader insight, I am always forced to agree with those policies. Ahmed Tinubu is a man with exceptional foresight.

You sang this song for eight years under Buhari
what came out of it
Lamentations and excuses

Here you are once again
Going round in circles

Naira that Tinubu met at 700 is now 1700 to the dollar
Inflation is at all time high

what exactly are you yapping about
who cursed this country with stupid people

Na so

Dear Tinubu....Nigerians ain't even asking for much ....all they want is simple; solve security challenges....give us water n light....u can even make petrol 2509 per litre...we don't care.....if d above can be handled...u have done well for Nigerians

zombieHUNTER:
You sang this song for eight years under Buhari
what came out of it
Lamentations and excuses

Here you are once again
Going round in circles

Naira that Tinubu met at 700 is now 1700 to the dollar
Inflation is at all time high

what exactly are you yapping about
who cursed this country with stupid people

Yoruba mooselims are the worse of the black community

They’re just incapable of intelligent reasoning.always asslicking.

Dospito:
Balderdash.

Stop wasting your life on NL all in the name of trolling others

Endurance to these policies nor easy. But if it's same politicians that run it when it gets better? We going straight back...

boxypane:
Endurance to these policies nor easy. But if it's same politicians that run it when it gets better? We going straight back...

What are the policies bro, and please can you educate me on the future their benefits?

Arobaga:
Yoruba people



The Judas of the nation


The sophisticated unity beggars


Its so disheartening that una useless son of Tinubu dey use una eye see shege


Na the same shege I dey show una tribe men for port harcourt


Anyday we go get Niger delta republic I go use cutlass chase all of una commot PH


If I no do am make I die

Tinubu is the man to take us to promise land.


Parasite,Haters and emergency lovers of the country will disagree.

It is easy to support policies that bring unnecessary hardship when you are not the one at the receiving end of such policies.

Afterall, every thing is provided for the political office holders. Their feeding is fully subsidised, transportation expenses fully subsidised, electricity bills fully subsidised. Thier whole living is fully subsidised by the masses.

Besides subsidies they enjoy, they also have access to the state coffers so they can take care of thier cronies who also chant the 'things are improving' lies because they are taken care of by the illicit wealth accumulation of the politicians.

If bat and other political office holders were restricted to just spending thier salaries, I am certain they would have found a better and less socio-economic destructive way of managing the economy. They would think outside the box.

But because the harsh decisions do not affect them, it is easy to tell the masses to endure even when they know what they are doing is the lazy way out.

T-pain on the beat,the kind of lyrics his demon possessed agberos like to listen to.

Thiefobi1:
Tinubu is the man to take us to promise land.


Parasite,Haters and emergency lovers of the country will disagree.

your eye go clear soon.na criminal druglord wey carry dollar from 700 to 1700 and fuel from 250 to 1200 within a year carry you they go promise Land na starvation you they so

😹

Some documents are gonna be declassified and de-redacted.

Interesting developments ahead.

EBI

NPAWAOOOOOOO

God bless Tinubu.

God bless Nigeria.