Diaspora support crucial to our economic recovery – Osinbajo

Vice President Yemi Osinbajo says the federal government cannot achieve its economic recovery and diversification drive without the diaspora support.

He said this in Abuja on Tuesday at the opening of the 4th Nigerian Diaspora Investment Summit 2021 organised by the Nigeria Diaspora Summit Initiative and the Nigerian in Diaspora Commission.

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Osinbanjo, represented by the Secretary to the Government of the Federation, Boss Mustapha, said: “Last year witnessed a number of Diaspora investors heeding that call and it is encouraging to note that even more have turned up this year.  

“We assure you of our commitment to ensuring that your investments are not only secure, but that you get a good rate of return on the investments you make, while basking in the glow of being contributors to the growth of business and development of the nation.

“We remain steadfast in our goal of diversifying the economic resource base of the nation and so seek to activate and encourage multifarious investment options.  

“The Nigerian Diaspora, who are not only familiar with the investment terrain, understand the risks and have personal interest and stake in the future of this country, but have also been acclaimed as one of the largest, brightest and most enigmatic Diaspora group in the world, are clearly a desired and desirable base to rely on and partner with in boosting our Foreign Direct Investment (FDI) for development.”