NIDOA-U.S.A Seeks Environment Conducive For Attracting More Investors In Nigeria

By Bukar BOLORI

Nigerians in Diaspora Organisation Americas (NIDOA)-U.S.A., has called on the Federal Government to invest adequately in creating an environment that can encourage investors to do business in Nigeria.

Past Chairman of NIDOA – USA Board of Directors, Mr. Isaac Inyang, gave the advice on Tuesday in a telephone interview.

Inyang was speaking against the backdrop of the International Day of Cooperatives celebrated annually on July 6.

The day with the theme: “Cooperatives building a better future for all”, provides opportunities for cooperative societies to showcase their current and historical contributions to building a sustainable future.

He said although the government had made efforts to attract investors into Nigeria, it should create an environment conducive for compatriots abroad to invest in the recovery of the economy of the fatherland.

“Nigerians in the Diaspora have a big role to play in the economic recovery of their fatherland, as applicable in any nation.

“Nigeria is blessed with massive resources that Nigerians can tap from to help develop the nation’s economy.

“Nigerians are quite blessed, such that you find compatriots stand out in their roles at any economic sector that they find themselves in every nation of the world.

“If you go into business you will find Nigerians doing well, particularly in corporate fields, pharmaceuticals, medical, education and health among others.”

He decried poor policy implementation as having hindered efforts by past government administrations to attract investors wanting to carry out business in the country to do so and build Nigeria’s economy.

He restated Nigeria is endowed with human and natural resources, but urged the government to make the nation’s infrastructure, electricity power supply, and security to boost the business environment functional to promote economic growth.

“We are waiting for the government to provide an enabling environment that will encourage more Nigerians living abroad to drive investment in the country.

“Nigeria has a unique environment for business investment, but it is difficult to come out from the Diaspora and break into such an environmental system if you do not have government support.

“We need the government to overhaul business infrastructure and put necessary measures in place for businesses to thrive.

“I have great hope Nigerians are ready and willing to return home and invest if given the opportunity.

“The government has to be serious in encouraging NiDO to come in and invest. We are ready to come home and help if the doors are opened for us,” Inyang said.