ADVERTISEMENT
  • The Membership Club
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Friday, February 26, 2021
Premium Times Nigeria
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
ADVERTISEMENT
Anonymous donor gives N250mn to Kings College, Edo College

Dalhatu Tafida, Nigerian Ambassador to the United Kingdom

Outsized government team in U.S., U.K. to woo Nigerians over ‘economic development’

byChinenye Ugonna
September 4, 2014
2 min read
ADVERTISEMENT

A large government team, comprising several executive and legislative officials, has met Nigerians in the United Kingdom and the United States to explore ways of increasing their contributions to economic development back home.

With total value of remittances from Nigerians in the diaspora in the first half of 2014 already more than $10.40 billion, the federal government says it wants more from them.

The value of remittances from Nigerians abroad, including contributions through remittances to their families, friends and communities, medical missions and provision of scholarships in 2013, was about $20.77 billion.

However, in response to their drive to support country’s economic development, an executive-legislative team interacted with Nigerians in Europe and the United States to explore areas they could contribute their quota.
The government team had officials from the ministry of finance, several Senators and members of the House of Representatives.

Organized by the Debt Management Office, DMO, the sessions led by Director-General, Abraham Nwankwo, also featured a delegation headed by the Minister of Finance Ngozi Okonjo-Iweala, and key members of relevant committees in the National Assembly.

They included Chairman, Senate Committee on Finance, Ahmed Makarfi; Chairman, Senate Committee on Local and Foreign Debts, E. Uzamere; Chairman, Rule and Business, Ita Enang; Chairman Senate Committee on Appropriation, Adeyinka Ajay.

Others are Chairman, House Committee on Aid, Loans and Debt Management, Famurewa Ajibola; Chairman, House Committee on Diaspora, Abdulrahman Terab; Chairman, House Committee on Finance and Chairman, House Committee on Appropriation, Emmanuel Ombugadu.

The DMO Director General said over time, Nigerians in the Diaspora have been seeking ways and means to contribute more to the country’s development, adding that the interest was backed by substantial capacity in terms of the level of remittance back home in support of national development.

Mr. Nwankwo noted the experience of countries such as Israel and India, pointing out that it showed that citizens in the Diaspora were a force to be reckoned with in the growth and development of any country, particularly through the funding of critical development projects, among others.

RelatedNews

Following PREMIUM TIMES’ report, Lagos govt begins move to free woman in jail for six years without trial

VIDEO: How bandits terrorised Kagara for years before students abduction

317 schoolgirls abducted in Jangebe attack – Official

PDP in disarray as fraud allegations rock Nigeria’s main opposition party

He said the current effort was directed at providing the Nigerian Diaspora similar opportunities for them to contribute their quota to national development.

He said the meetings, which commenced in London on Monday, would continue in New York, Washington DC and Houston, with the London meeting hosted by the Nigerian Ambassador to the United Kingdom, Dalhatu Tafida, and attended by over 140 Nigerian professionals.

The meeting provided an avenue for the Finance Minister and other members of the team to update Nigerians in the Diaspora on the developments in the Nigerian economy, the major achievements under the Transformation Agenda of the Goodluck Jonathan administration and opportunities available in Nigeria for Nigerians in the Diaspora.

Dangote adbanner 728x90_2 (1)

Nigerians also received assurances of Nigerians on other developments in Nigeria, including the dreaded Ebola Virus Disease and government’s effort to manage the outbreak.

Participants expressed concern about the deplorable security situation in the country and urged government to step up efforts to resolve the problem, particularly with the return of the missing Chibok girls.

They also showed enormous interest in contributing to development with investments in infrastructure, small and medium enterprises, SMEs, and in the housing sector.

  • WhatsApp
  • Tweet
  • Email
  • Print
  • Telegram
  • More
  • Share on Tumblr
  • Pocket

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


TEXT AD: To advertise here . Call Willie +2347088095401...


JOIN THE CONVERSATION

  • Disqus (7)
premiumtimes



PT Mag Campaign AD

Previous Post

More trouble for the Oyakhilomes as U.K. Commission probes Christ Embassy over payments

Next Post

Court ‘freezes’ Dangote’s accounts in 20 banks over debt

Chinenye Ugonna

Chinenye Ugonna

Chinenye Ugonna is a National Assembly correspondent at Premium Times, the third most read newspaper in Nigeria. She is also an Entertainment and Lifestyle blogger. She is also a presenter for Premium Times' Radio and loves photography. She is a graduate of University of Lagos. When she is not working, she is blogging or out with friends. She is hardworking, fun loving, jovial, intelligent and a charismatic person. She blogs at www.chinenyeugonna.com

More News

MUNICH, GERMANY - FEBRUARY 17: Microsoft founder Bill Gates speaks during a book presentation at the 53rd Munich Security Conference at Hotel Bayerischer Hof in Munich, Germany, on Februrary 16, 2017. The annual event brings together government representatives and security experts from across the globe. Andreas Gebert / Anadolu Agency | Keine Weitergabe an Wiederverkäufer.

Bill Gates says not keen about Bitcoin

February 26, 2021
Adamu Abdu-Kafarati

Federal High Court mourns ex-Chief Judge

February 26, 2021
Solar Panel [Photo Credit: SlashGear]

Nigerians to pay N144,000 for solar panels govt plans for 5m homes

February 26, 2021
President Muhammadu Buhari

Insecurity: Ganduje’s aide says APC has failed Nigerians

February 26, 2021
A switchboard of prepaid meters in an official building in Abuja.

Over 600,000 electricity meters deployed under MAP since 2019 — NERC

February 26, 2021
Adamu Abdu-Kafarati

Ex-Chief Judge, who issued court order proscribing IPOB, is dead

February 26, 2021
Next Post
Court ‘freezes’ Dangote’s accounts in 20 banks over debt

Court ‘freezes’ Dangote’s accounts in 20 banks over debt

Boko Haram, Civilian JTF recruit 13-year-olds — Report

Boko Haram, Civilian JTF recruit 13-year-olds --- Report

Discussion about this post

Search

#EndSARS: Latest Updates




Polaris Bank


JAIZ Ad


NITDA Ad





Glo Ad

Subscribe to News via Email

Enter your email address and receive notifications of news by email.

Join 1,625,253 other subscribers.

Advertisement






netherland biz school Advert

Zenith Advert
ADVERTISEMENT

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game
  • Our Digital Network
  • About Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

No Result
View All Result
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • Opinion
  • PT Hausa
  • The Membership Club
  • Dubawa
    • Dubawa NG
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
  • Digital Store
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

Our website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.