✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live
SPONSOR AD

NIDOA-U.S.A seeks conducive environment for investors in Nigeria

Nigerians in Diaspora Organisation Americas (NIDOA)-U.S.A., has called on the Federal Government to invest adequately in creating an environment that can encourage investors to do…

Nigerians in Diaspora Organisation Americas (NIDOA)-U.S.A., has called on the Federal Government to invest adequately in creating an environment that can encourage investors to do business in Nigeria.

Mr Isaac Inyang, Past Chairman of NIDOA-USA Board of Directors, gave the advice on Tuesday in a telephone interview with the News Agency of Nigeria (NAN).

Inyang was speaking against the backdrop of the International Day of Cooperatives celebrated annually on July 6.

The day with the theme: “Cooperatives building a better future for all”, provides opportunities for cooperative societies to showcase their current and historical contributions to building a sustainable future.

He said although the government had made efforts to attract investors into Nigeria, it should create an environment conducive for compatriots abroad to invest in the recovery of the economy of the fatherland.

“Nigerians in the Diaspora have a big role to play in the economic recovery of their fatherland, as applicable in any nation.

“Nigeria is blessed with massive resources that Nigerians can tap from to help develop the nation’s economy.

“Nigerians are quite blessed, such that you find compatriots stand out in their roles at any economic sector that they find themselves in every nation of the world.

“If you go into business you will find Nigerians doing well, particularly in corporate fields, pharmaceuticals, medical, education and health among others.”

He decried poor policy implementation as having hindered efforts by past administrations to attract investors wanting to carry out business in the country to do so and build Nigeria’s economy.

He urged the government to improve the nation’s infrastructure, electricity supply, and security to boost the business environment to promote economic growth.

“We are waiting for the government to provide an enabling environment that will encourage more Nigerians living abroad to drive investment in the country.

“Nigeria has a unique environment for business investment but it is difficult to come out from the Diaspora and break into such an environmental system if you do not have government support.

“We need the government to overhaul business infrastructure and put necessary measures in place for businesses to thrive.

“I have great hope Nigerians are ready and willing to return home and invest if given the opportunity.

“The government has to be serious in encouraging NiDO to come in and invest. We are ready to come home and help if the doors are opened for us,” Inyang said. (NAN)

 

Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.

Do you need your monthly pay in US Dollars? Acquire premium domains for as low as $1500 and have it resold for as much as $17,000 (₦27 million).


Click here to see how Nigerians are making it.