Honourable (Dr) Abike Dabiri-Erewa, the Chairman / CEO, Nigerians In Diaspora Commission (NIDCOM) has commended Governor Kayode Fayemi of Ekiti State for giving an approval of a 250-hectares of land in Irele Ekiti for a livestock production farming for the Ekiti Diaspora Forum.
Mr. Abdur-Rahman Balogun, the
Head of Media, Public Relations and Protocols Unit NiDCOM at the Abuja head office, urged the people of Ekiti State to take advantage of the development to improve the economy of the State.
In a statement issued in Abuja by the Commission’s Head of Media and 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 Governor Fayemi as a 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.