The Vice President, Professor Yemi Osinbajo, has said that the Nigerian Diaspora Investment Summit (NDIS) is one of the surest platforms for attracting direct investment to the country.
Osinbajo made the observation at the 4th edition of the Nigeria Diaspora Investment Summit 2021 organised by the Nigerian in the Diaspora Commission (NiDCOM).
The vice president also said that 25 million Nigerians will be taken out of poverty by 2025.
The event was held on Tuesday at the Congress Hall of the Presidential Villa, Abuja.
The summit had as its theme: “Partnership and Linkages for Post-COVID Economic Growth.“
Osinbajo, who was represented by Boss Mustapha, the Secretary to the Government of the Federation, noted that NDIS was created to attract direct investment into the Nigerian economy.
The vice president praised Mrs Abike Dabiri-Erewa, the Chairman of the NiDCOM, and her team for planning the event, which he described as “apt“.
He said, “NDIS has been held annually for the past three years and this year, we know that it has successfully attracted Diaspora investment into local businesses in the country.“
Osinbajo said that the Buhari administration’s goals included increasing the country’s per capita income.
He said the administration was also intent on generating more employment.
“The projected real GDP growth between 2021 and 2025 will ensure that 10 million people do not fall into poverty.
“An additional 25 million people will be taken out of poverty and ensuring that the poverty rate will be at 31 per cent by 2025, compared to 40 per cent in 2020,” he said.
Hello Readers, To know more about what the Vice president, Osinbajo said about few days ago, Read the publication on Daily Post Nigeria below.
FG plans ‘operation feed yourself’ to counter malnutrition
The Nigerian Government in collaboration with the 36 States is currently planning an “Operation Feed Yourself” initiative to encourage the establishment of urban farms and small home gardens.
The Vice President, Prof. Yemi Osinbajo who spoke on Monday during a High-Level Meeting on Nutrition attended by United Nations Deputy Secretary-General, Mrs Amina Mohammed, State Governors, representatives of development partners including UNICEF and other officials said the move is part of efforts to address malnutrition and related challenges in the country.
He said the development is being considered under the auspices of the National Economic Council and the National Council on Nutrition.
The VP said the “States and the FGN will promote what has been described as “Operation Feed Yourself”. This is more of the establishment of urban farms and homestead gardens. This is simply something that we think should be a mass appeal to citizens in the States and the encouragement we can give them so that individuals and schools develop their farms or homestead gardens.
“This obviously not only helps individuals and families but the excess can be sold to others and generally improve food security.
“The establishment of Agribusiness Investment Hubs or farm settlements or farm estates or any variety of those kinds of integrated farming arrangements will improve food and nutrition security. What we are recommending is the sort of model that Oyo State has or any of the variety that States have. That sort is obviously recommended because of the way that it is structured and the obviously good result that they have been getting.”