Dabiri-Erewa Applauds Fayemi On Approval Of Ekiti Diaspora Livestock Production Project

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NIDCOM BOSS, DABIRI
Dabiri-Erewa Applauds Fayemi On Approval Of Ekiti Diaspora Livestock Production Project
 Hon. (Dr) Abike Dabiri-Erewa, Chairman/CEO,
Nigerians in Diaspora Commission (NIDCOM) has commended Gov. Kayode
Fayemi of Ekiti State for giving approval of a 250- hectares of land in
Irele Ekiti for a livestock production farming for Ekiti Diaspora Forum.
Public Relations, Abdur-Rahman Balogun,  said such gesture is worth of
emulation as an incentive to encourage the Diasporans back home to
invest.
Dabiri-Erewa said that Diasporans in all endeavours are making Nigeria
proud home and abroad and are actively involved in investing back home
through projects such as the livestock production farming.
  Dabiri-Erewa, who referred to Gov. Fayemi as diaspora- friendly
Governor, urged other state governors to provide incentives geared
towards encouraging Nigerians abroad to come and invest back in the
country.
The NIDCOM boss equally implored other Nigerians in the diaspora to
emulate the Ekiti indigenes in the Diaspora by identifying developmental
projects back home with the state Governments providing enabling
environment to thrive.
The immediate past Senior Special Assistant ( Diaspora Affairs ) to
Ekiti state Governor, Mr Femi Odere had on Monday said the Governor had
given final nod for a proposed livestock production farming by the Ekiti
Diaspora Forum.
Odere, who facilitated the process, said in a statement that the first
phase will be a cattle ranch and a Special Purpose Vehicle (SPV) for the
project in the state which is known as Ekiti Kete Livestock Development
Company Limited by the group has been established and registered.
The initial funding over the three years for the first phase of the
project is expected to be N1 billion.
  With this final approval by the governor, the coast is now clear for
the company to sign an MOU with Vietnam-Africa Economic Cooperation
Alliance (VAECA) which is going to be the company’s technical partner
after which work on the project will begin.