Tinubu urges diaspora investment at NIDEC 2026
Analysis based on 34 articles · First reported Aug 06, 2026 · Last updated Aug 15, 2026
President Bola Tinubu, represented by his Chief of Staff Femi Gbajabiamila, opened the inaugural Nigeria Diaspora Economic Conference (NIDEC) 2026 in Toronto, Canada, themed 'Thrive Abroad, Invest in Nigeria.' Tinubu urged Nigerians abroad to move beyond remittances and invest directly in Nigeria's productive sectors, citing economic indicators such as 3.89% Q1 2026 GDP growth, easing inflation to 15.91%, and foreign reserves of $45.4 billion. He highlighted reforms, including a new tax architecture and Bank of Industry financing of N636 billion in 2025, and called for collective investment vehicles. The conference, organized by the Nigeria — Nigerians in Diaspora Commission (NiDCOM) led by Abike Dabiri, brought together Nigerian officials, governors, and Canadian representatives to strengthen economic ties and attract diaspora capital.
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