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Buhari approves establishment of Diaspora Investment Trust Fund

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Buhari approves establishment of Diaspora Investment Trust Fund

President Muhammadu Buhari has supported the establishment of the Nigerian Diaspora Investment Trust Fund, NDITF, a private sector investment window with Nigerians in the diaspora to support direct investments.

This was revealed by the President at the Presidential Village in Abuja, on Tuesday, in the presentation of a compendium entitled +600 Diaspora Icons @ 60, published by the Nigerians in the Diaspora Commission, NiDCOM, as reported by The Nation.

According to him, Nigeria is open to receiving Diaspora Direct Investment from compatriots abroad.

He noted that foreign exchange remittances from Nigerians in the diaspora have not only helped families, but also improved Nigeria’s development index.

The president described the 327-page compendium as a historic record of the value of our compatriots globally, adding that the publication’s distinguished list is a reminder of what Nigerians are capable of to the delight of the global community.

“Regardless of the few rotten eggs among us, and every nation has those rotten eggs, Nigeria is still a great country, populated by great people, living at home or abroad, which makes us proud.

“This compendium attests to that fact and the names of the people and fields in which they have excelled speak of their resilience and how exceptional Nigerians have become, both at home and abroad,” he said.

The president reminded Nigerians that it is their duty to extol and celebrate fellow countrymen who excel in their chosen careers and professions.

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