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FMITI to create catalytic unit to accommodate diaspora matters

By Abbanobi – Eku Onyekachi

Plans are on the way for the Federal Federal Ministry of Industry Trade and Investment (FMITI) create Catalytic Unit to accommodate all the the Diaspora matters, according to a press release from the media office of the Nigerians in the Diaspora Commission (NIDCOM).

The Chairman/Chief Executive Officer (CEO), NIDCOM, Hon Abike Dabiri – Erewa has recently paid a courtesy call to the Honourable Minister, Federal Ministry of Industry Trade and Investment (FMITI), Dr Doris Uzoka – Anite recently.

Welcoming her, the Minister promised 

to create a full department.to be called, Catalytic Investment 

Unit in the Ministry to 

accommodate all Diaspora 

related matters, just as she commended NIDCOM for partnering with 

the private sector-led Nigerian 

Diaspora Summit initiative 

(NDSI) to organise the Nigerian 

Diaspora Investment summit, 

which has provided a platform 

for Nigerians who want to 

invest in the country.

Adding that the Ministry 

would synergise with NIDCOM 

and NDSI to make the summit 

stronger, in-line with the 

Ministry’s investment initiatives 

and policies, Uzoka – Anite disclosed that she was charged by Mr President to look for inward investment into the 

country, saying that the NIDCOM has saved her from starting from scratch. 

While promising to build on their platform and work together, she described the Diaspora members as a 

great potential for investment 

who are passionate about their 

country and willing to invest 

without too many conditions or 

demands.

The Minister however added that the Ministry would support Diaspora investment by creating different investment channels, negotiating long 

term investment opportunities, 

proposing removal of taxes 

on dividends and providing 

extra security arrangements on 

Diaspora investment and even 

work together to push bills to 

be sponsored by the National 

Assembly.

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