Nigeria Employers’ and Consultative Association has underscored the need to invest Diaspora remittances rather than spend them on social services. Director General of the association, Mr Wale-Smatt Oyerinde, expressed the thought when he led a delegation on a courtesy visit to the management of the Nigerians in Diaspora Commission in Abuja.
The director general, who described Nigeria as not just a destination but a transit and investment hub, stressed that the country has the capacity to transition from being the Giant of Africa to a Global Investment Giant, especially if all sectors of its economy were to be harnessed. Bassi described the idea of investing Diaspora remittances for the future as a noble one, saying it is in line with the mandate of the commission.