Minister Inaugurates Adhoc Committee On Establishment Of Diaspora Investment Trust Fund
The Minister of State, Ministry of Foreign Affairs Ambassador Zubairu
Dada has inaugurated a 14- Member Adhoc Committee on the Establishment
of Diaspora Investment Trust Fund in Abuja.
among other things advise on:
(i) the mission and objectives of the fund
(ii) the structure of the fund(especially a private sector led and
driven by the Nigerians in Diaspora
(iii) the sources and value of the fund
(iv) the processes for and procedure for its establishment
(v) the procedure and guidelines for accessing the fund and its
utilisation
(vi) the fund Managers/Management
(vii) any other issues pertinent to the realization and establishment of
the fund.
The Adhoc Committee has One Month to complete its assignment, the Hon
Minister emphasized.
Earlier, the Chairman/CEO NIDCOM, Hon Abike Dabiri-Erewa expressed
delight that the Adhoc Committee is being established, the first-ever in
the history of Nigeria, an outcome of the first Nigerian Diaspora
Investment Summit held in 2018. The NIDCOM Boss urged the Committee to
carry out its functions by Virtual means given the circumstances of
COVID-19 Pandemic.
The 14- Member Adhoc Committee has Chairman Dr Ali Garba of Financial
Investment Services Wisconsin USA while Professor Manny A. Aniebonam,
Global Investor and Member, NIDAN(Nigerians in Diaspora Alumni Network).
 the mission and objectives of the fund){kind=link}