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“A nation’s greatest asset is not its natural resources but the potential of its people—especially those it has sent into the world,” says Ban Ki-moon, Former UN Secretary-General. For decades, Nigeria has watched its most talented citizens leave in search of greener pastures—doctors saving lives in London, engineers building infrastructure in Dubai, software developers writing code in Silicon Valley, and academics shaping minds at Ivy League institutions.
Beneath the surface lies a deep reservoir of human capital. The Nigerian diaspora comprises medical doctors in the UK’s NHS, AI researchers at MIT, fintech entrepreneurs in Silicon Valley, product managers at Meta, and policy advisors at the UN. These individuals have access to global best practices, capital markets, technologies, and talent networks.
What’s missing is a dedicated Diaspora Investment Platform, backed by credible institutions, where vetted local startups and SMEs can meet diaspora investors in a secure, transparent, and tech-enabled space. A model that enables $1,000 to $50,000 equity-based contributions could become a catalyst for MSME growth and job creation.Technology allows for the democratisation of mentorship.
Allow Nigerians abroad to indicate their skills, investment interests, preferred sectors, and availability for engagement Indeed, technology offers Nigeria the chance to turn an exodus into a network—a web of innovation, opportunity, and nation-building that spans continents. But this won’t happen automatically. It requires intentional policies, innovative platforms, and cultural reorientation.
For instance, through Andela’s early model, developers in Nigeria worked remotely for U.S. companies—earning in dollars while building skills. With government and private sector coordination, similar models can be applied across industries like marketing, design, analytics, and health tech.To increase diaspora investments beyond remittances, Nigeria can adopt targeted tax incentives or matching grants for diaspora angel investors.
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