Abike- Russian Investment Safe In Nigeria


The federal government through the office of Nigerians in Diaspora Commission (NIDCOM) has assured Russian investors of improved security for Russian investments, noting that the federal government is also solving bureaucratic challenges hindering Foreign Direct Investments (FDIs) into the country. The Chairman and Chief Executive Officer, NIDCOM, Hon. Abike Dabiri-Erewa, at a business forum organized by Nigeria in Diaspora Organization (NIDO), Russian chapter, said Nigeria remains the investment destination for FDIs, pointing out that there is nowhere in the world without challenges assuring Russian investors that bureaucratic challenges and insecurity are being tackled.

In her words: “The message is very important because there are lots of opportunities in Nigeria. There are many Nigerians in Russia saying that they want to come back home and invest as Russia is also looking to Africa for investment. We have our challenges; there is no doubt about the fact that Nigeria is still a destination for investment.”

“There is nowhere you cannot invest in Nigeria. We are blessed. We are solving bureaucratic challenges to attract investments. We will solve our problems. Insecurity is still a challenge, but it is being tackled.

“The purpose of this event is about telling the world that there are many opportunities for investment in Nigeria. It is for us to sell ourselves and not de-market ourselves,” she added.