NiDCOM summit yielded N673 million investment deals in 2024 – Dabiri-Erewa

The Chairman and Chief Executive Officer of the Nigerians in Diaspora Commission, NiDCOM, Abike Dabiri-Erewa, has called on Nigerians in diaspora and those at home, to seize emerging investment opportunities through the Nigeria Diaspora Investment Summit (NDIS).

She urged massive investment for Nigeria’s economic development, saying over N673 million worth in diaspora investment deals were recorded in 2024.

Gabriel Odu of the Media, Public Relations and Protocols Unit, NiDCOM, in a statement  on Friday said  Dabiri-Erewa spoke at a Joint World Press Conference ahead of the event scheduled for November 11-13, 2025 in Abuja.

The theme of the summit is  ‘Fast Tracking Regional & National Development By Mobilising Diaspora Investment,’ at the NiDCOM Headquarters in Abuja.

Dabiri-Erewa recalled that since the inception in 2018, the NDIS has become a trusted platform that fosters ‘direct, credible and impactful investments’ from the Nigerian diaspora into the local economy.

She highlighted the success of the 2024 edition, which recorded over 1,500 participants, including 236 investors and 1,197 business owners.

She said, “The summit yielded 56 investment deals valued at approximately N673 million, with the creative sector taking the lead with 39 deals, while infrastructure, real estate, agribusiness, and energy sectors also posted impressive results.”

The NiDCOM chairperson noted that several state governments, including Ondo, Nasarawa, and Borno, had leveraged the summit in previous years to attract investors and advance major development projects, such as Ondo’s port initiative which later gained Federal Government approval.

She asserted that NDIS has grown beyond being a conference but as a catalyst for enterprise and sustainable development, which has fostered job creation, youth empowerment, and connecting Nigeria’s enormous talent pool to its development agenda.

The NiDCOM boss also announced that President Bola Ahmed Tinubu would serve as the Special Guest of Honour, while commending long-standing partners such as DTCA, NIPC, First Bank, NNPC and AG Mortgage and the Media, for their continued support.

Dr. Badewa Adejugbe-Williams, Chairperson of the Nigeria Diaspora Summit Initiative (NDSI), noted that over the years, the summit had served as a vital bridge, attracting investments and unlocking the vast potential of the diaspora for Nigeria’s development.

She added that this year’s theme aligned perfectly with the Renewed Hope Agenda, which sought to diversify the nation’s economy and drive inclusive growth and sustainable development.

Dr. Adejugbe-Williams also encouraged new sponsors, investors, and media partners to amplify the message of the summit and take advantage of the opportunities it presents.

“Organised by NiDCOM with NDSI, the summit connects Diaspora investors with local entrepreneurs across key sectors including Finance and Fintech, ICT, Creative Industries, Sports, Agribusiness, Healthcare, Education, Real Estate, Infrastructure, Manufacturing and Energy.

“All participants are urged to register at www.ndisng.com,” the statement added.