Nigerians in diaspora crucial to our economic development – Osinbajo

Vice President Yemi Osinbajo has declared that Nigerians in the diaspora have a crucial role to play in the development of the nation’s economy.

Osinbajo said this in Ibadan at the commissioning of the Westlink Iconic Villa – a joint venture project of the Odu’a Investment Company Limited and Chapter Four Estates Management Limited owned by UK-based Nigerians.

The VP also spoke on the requirements for addressing the housing deficit in Nigeria, saying a more lasting solution lies in ensuring adequate housing finance, affordable mortgages and available social housing.

On the federal government’s efforts aimed at addressing the deficit in the housing sector, Osinbajo said “we started that process in our housing for jobs programme under the Economic Sustainability Plan with the Family Homes Fund as the arrowhead for the first phase.

In separate remark, the Odu’a Group Chairman, Mr Bimbo Ashiru, and the MD of Chapter Four Estates Management Limited, Mr Shams Ogunmuyiwa – representing the diaspora investors, paid glowing tributes to Prof. Osinbajo for laying the foundation for the project.