csrreporters 
The Federal Government, through the Nigerians in Diaspora Commission (NiDCOM), in partnership with leading banks and private sector investors, has launched a renewed effort to channel over $20 billion in annual diaspora remittances into productive investments to spur Nigeria’s economic growth.
The initiative is anchored on the Eighth Nigerian Diaspora Investment Summit (NDIS 2025), scheduled to hold from 11 to 13 November 2025 at the State House, Abuja. The summit, themed, Fast Tracking Regional & National Development by Mobilising Diaspora Investment,” aims to convert diaspora wealth, skills, and innovation into ventures that drive job creation, technological advancement, and overall national development.
NDIS 2025 will be held as a hybrid event, bringing together diaspora investors, business leaders, and policymakers to explore investment-ready opportunities across critical sectors, including energy, real estate, finance, and technology. The summit will feature keynote sessions, investment pitches, exhibitions, and high-level networking.
President Bola Ahmed Tinubu is expected to attend as Special Guest of Honour, while Dr Abike Dabiri-Erewa, Chairman/CEO of NiDCOM, will serve as Chief Host.
Speaking on the summit, Dabiri Erewa noted,
“The Nigerian Diaspora Investment Summit continues to connect our diaspora to tangible investment prospects and sustainable partnerships that create jobs, drive innovation, and foster national development.”
The summit’s keynote address will be delivered by Professor Bartholomew Nnaji, former Minister of Power and Chairman of Geometric Power Limited, while Mr Temi Popoola, Group Managing Director/CEO of the Nigerian Exchange Group, will speak on innovative investment frameworks for emerging markets.
Zenith Bank Plc will serve as the event partner, with support from FirstBank, AG Mortgage Bank Plc, and Rainbow Heritage Group. Dr Adaora Umeoji, Zenith Bank GMD/CEO, said,
“Our sponsorship of NDIS 2025 underscores our unwavering commitment to the Nigerian diaspora as key partners in national development. We recognise their immense contributions through remittances, investments, and innovation.”
FirstBank’s MD/CEO, Olusegun Alebiosu, reaffirmed the bank’s dedication to the diaspora community, stating:
We remain committed to providing secure and innovative investment solutions, including through our partnerships with over 17 international money transfer operators and our home grown platform, First Global Transfer.”
Rainbow Heritage Group highlighted its alignment with NDIS through its flagship project, The New Port City, which is designed as a smart, functional, and future-ready city. AG Mortgage Bank’s MD/CEO, Ngozi Anyogu, emphasised the importance of channeling diaspora remittances into tangible local investments:
“Over 17 million Nigerians abroad remit more than $20 billion annually. The challenge now is to ensure these funds drive local economic growth, which AGMB addresses through tailored financial solutions.”
The 2024 edition of NDIS demonstrated the summit’s transformative impact, attracting N673 million in diaspora investment commitments and channeling N500 million into local businesses and service providers. Summit Coordinator Badewa Adejugbe-Williams said,
“Videographers, hotels, catering services, printers, and other local firms benefited directly from the summit’s value chain.”
One beneficiary, Joshua Samuel, Creative Director of Abuja-based Artestify Multimedia, attested to the summit’s impact:
“We leveraged NDIS to expand our network, secure investor support, and grow our business significantly.”
Through NDIS 2025, the Federal Government and private sector partners aim to strengthen structured diaspora engagement, translating remittances into productive investments that foster sustainable growth across Nigeria.