The Nigerians in Diaspora Commission (NiDCOM) has identified lack of trust, transparency and credible investment opportunities as major barriers to attracting diaspora capital into Nigeria, as it targets up to $100 billion in annual investments from Nigerians living abroad.
The commission said addressing these challenges would be central to the 9th Nigeria Diaspora Investment Summit (NDIS), scheduled for November 10 and 11 in Abuja.
The announcement was contained in a press release e-signed by Violet Nwosu, Assistant Head, Media, Public Relations and Protocols Unit, NiDCOM, following a pre-event media briefing where the Chairman/Chief Executive Officer of the commission, Hon. Abike Dabiri-Erewa, was represented by the Acting Secretary, Dr. Abdulrahman Terab.
Dabiri-Erewa said transparency, strong institutions, investor protection and access to reliable information were essential to building the confidence of Nigerians in the diaspora to invest in the country.
The summit, themed, “Bridging the Trust Gap: Connecting Diaspora Capital with Credible Home-based Opportunities,” will hold virtually on Zoom, with limited physical attendance at the Shehu Musa Yar’Adua Centre, Abuja.
She said discussions would focus on capital-market opportunities, infrastructure development, public-private partnerships and regulatory frameworks to strengthen diaspora participation in Nigeria’s economy.
The summit will feature key institutions, including the Securities and Exchange Commission (SEC), Nigerian Exchange Group (NGX), Central Bank of Nigeria (CBN), Ministry of Finance Incorporated (MOFI), NEXIM Bank, Infrastructure Concession Regulatory Commission (ICRC), Nigeria Sovereign Investment Authority (NSIA), Corporate Affairs Commission (CAC) and Presidential Enabling Business Environment Council (PEBEC).
According to her, interactive sessions would also provide participants with direct access to regulators, project sponsors and verified service providers to enable informed investment decisions.
The NiDCOM boss appreciated First Bank of Nigeria and other partners for their continued support, while urging Nigerians in the diaspora, professionals, investors and entrepreneurs to participate in the summit.
Also speaking, Chairman of the Nigeria Diaspora Summit Initiative (NDSI), Mr. Mobolaji Lewis, said the 2026 edition would go beyond capital mobilisation to establish a structured, transparent and credible investment system.
Lewis explained that the decision to adopt a virtual format was informed by the forthcoming 2027 general elections.
He said the summit would also lay the groundwork for the 10th anniversary edition scheduled for 2027.
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Interested participants were encouraged to register through www.ndisng.com.
The Nigeria Diaspora Investment Summit is a public-private sector initiative organised by NiDCOM in collaboration with the Nigeria Diaspora Summit Initiative (NDSI).
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