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Dabiri-Erewa lauds Fayemi for approval of Diaspora livestock farm

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 The Nigerians in Diaspora Commission s NiDCOM Chairman Mrs Abike Dabiri Erewa has lauded Gov Kayode Fayemi of Ekiti for approving 250 hectares of land in Irele for Diaspora livestock farming The Chairman in a statement issued by Abdur Rahman Balogun Head of Media Public Relations and Protocols Unit NiDCOM described Fayemi s decision as a right step in right direction According to her such gesture is worth of emulation as an incentive to encourage the Diasporans back home to invest to their homeland Dabiri Erewa said that Diasporans in all endeavours were making Nigeria proud home and abroad and were actively involved in investing back home through projects such as the livestock production farming The chairman who referred to Fayemi as diaspora friendly governor urged other governors to provide incentives geared towards encouraging Nigerians abroad to come and invest back in the country The NIDCOM boss equally implored other Nigerians in the diaspora to emulate the Ekiti indigenes in the Diaspora by identifying developmental projects back home with the state Governments providing enabling environment to thrive The News Agency of Nigeria on Wednesday in Abuja report that the EDF who facilitated the process said that the first phase of the project will be a cattle ranch Also a Special Purpose Vehicle SPV for the project in the state which is known as Ekiti Kete Livestock Development Company Limited by the group has been established and registered The initial funding over the three years for the first phase of the project is expected to be N1 billion Also with the final approval by the governor the coast is now clear for the company to sign an MOU with Vietnam Africa Economic Cooperation Alliance VAECA which is going to be the company s technical partner after which work on the project will begin NewsSourceCredit NAN
Dabiri-Erewa lauds Fayemi for approval of Diaspora livestock farm

Diaspora Commission

The Nigerians in Diaspora Commission’s (NiDCOM) Chairman,  Mrs Abike Dabiri-Erewa has lauded Gov. Kayode Fayemi of Ekiti for approving 250-hectares of land in Irele for Diaspora livestock farming.

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The Chairman in a statement issued by Abdur-Rahman Balogun,
Head of Media, Public Relations and Protocols Unit NiDCOM, described Fayemi’s decision as a right step in right direction
According to her such gesture is worth of emulation as an incentive to encourage the Diasporans back home to invest to their homeland.

latest nigerian news updates

Dabiri-Erewa said that Diasporans in all endeavours were making Nigeria proud home and abroad and were actively involved in investing back home through projects such as the livestock production farming.

latest nigerian news updates

The chairman, who referred to Fayemi as diaspora- friendly governor, urged other governors to provide incentives geared towards encouraging Nigerians abroad to come and invest back in the country.

The NIDCOM boss equally implored other Nigerians in the diaspora to emulate the Ekiti indigenes in the Diaspora by identifying developmental projects back home with the state Governments providing enabling environment to thrive.

News Agency of Nigeria

The News Agency of Nigeria on Wednesday in Abuja , report that the EDF who facilitated the process said that the first phase of the project will be a cattle ranch.

Special Purpose Vehicle

Also, a Special Purpose Vehicle (SPV) for the project in the state which is known as Ekiti Kete Livestock Development Company Limited by the group has been established and registered.

The initial funding over the three years for the first phase of the project is expected to be N1 billion.

Africa Economic Cooperation Alliance

Also, with the final approval by the governor, the coast is now clear for the company to sign an MOU with Vietnam-Africa Economic Cooperation Alliance (VAECA) which is going to be the company’s technical partner after which work on the project will begin.

NewsSourceCredit: NAN

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