The Federal Government, through the Nigerians in Diaspora Commission (NiDCOM), in partnership with leading banks and private sector investors, has launched a fresh initiative to harness the nation’s over $20 billion in annual diaspora remittances to boost economic growth.
The move is part of preparations for the eighth Nigerian Diaspora Investment Summit (NDIS 2025), jointly organised by NiDCOM and the Nigerian Diaspora Summit Initiative (NDSI).
The summit, scheduled to hold from November 11 to 13, 2025, at the State House, Abuja, is themed “Fast Tracking Regional & National Development by Mobilising Diaspora Investment.”
The event seeks to convert diaspora wealth, skills, and innovation into productive ventures that will support Nigeria’s economic transformation and regional development efforts.
Billed as a hybrid summit, NDIS 2025 will bring together diaspora investors, business leaders, policymakers, and financial institutions to explore investment-ready projects across key sectors, including energy, real estate, finance, and technology.
The statement noted that the summit would feature keynote sessions, investment pitches, exhibitions, and high-level networking opportunities, aimed at strengthening partnerships between Nigeria and its global diaspora community.
NiDCOM emphasized that channeling remittance inflows into structured investments would not only stimulate job creation and innovation but also enhance Nigeria’s economic resilience and foreign exchange stability.
