President Bola Tinubu’s administration says it is committed to creating an enabling environment that fosters collaboration between the Nigerian diaspora and the home country.

Vice-President Kashim Shettima, on Wednesday, said this at the ongoing 2025 8th edition of the Nigeria Diaspora Investment Summit, holding at the State House Conference Centre, Presidential Villa, Abuja.

The event, which began on Tuesday, will end on Thursday.

Mr Shettima said that the theme was apt, as it expressed the ambition of Mr Tinubu’s administration to build a Nigeria that would grow from the combined strength of its people, both at home and abroad.

He stated that Nigeria’s prosperity would come faster when the public sector, the private sector, and the Nigerian global diaspora worked together in unity of purpose.

Mr Shettima added that the Renewed Hope Agenda identified the diaspora as a central pillar of Nigeria’s foreign policy, alongside democracy, development, and demographics.

“In line with this, we have launched targeted interventions, such as the Home and Abroad Housing Platform by NiDCOM….Financially, the proposed Diaspora Bond will give Nigerians abroad a direct stake in our nation’s growth, funding major infrastructure projects.

“Reforms like the Non-Resident BVN and a competitive exchange rate have served to encourage formal remittances, leading to a remarkable rise in inflows that sustain millions of households and businesses, which amount to about 21 billion dollars in 2024.

“In all of Mr President’s engagements in the Diaspora, he personally prioritises direct engagement with Diaspora organisations across continents. These engagements are not mere symbolic meetings, but strategic dialogues to ensure that your voices find resonance in the policies we craft and implement at home,’’ he said.

(NAN)