Nigerians in the Diaspora have been advised to take advantage of the numerous investment opportunities available in Nigeria.
A subsidiary of the FBN Holdings Plc Group, FBNQuest Asset Management which gave this advise at the just-concluded Nigerians in Diaspora Global Development Conference in London, called on Nigerians in the Diaspora to offer strategic expertise in their various endeavours to impact the country with knowledge and financial capacity, especially by way of investment.
It said that the conference presented a rare opportunity for Nigerians in the Diaspora to engage in constructive and interactive sessions with key decision makers across different industries in Nigeria.
A major highlight of the event was the unveiling of the NIDO-led $20 million Diaspora Housing Investment Fund, a closed end investment fund to be privately placed and constituted under a Trust Deed with a suitable Commercial Trustees to be selected.
The fund will be established through the issuance of the similitude of a real estate investment trust scheme which will provide opportunities for individual and institutional investors to participate in the Nigerian real estate sector.
Speaking during the conference, Managing Director, FBNQuest Asset Management, Ike Onyia, said: “we want to partner with the Diaspora community through NIDO and its members. As a member of one of the leading financial services groups in Africa, we are well-positioned to serve the diaspora community professionally and to ensure their aspirations in the area of maximising investment returns are fulfilled.
“FBNQuest Asset Management is open to partnerships that will unlock the potential of the Nigerian diaspora community as a source of economic development. We provide bespoke solutions to organizations and individual investors looking to set up structures that can help them achieve their investment goals. As a trusted advisor and credible partner with sound local knowledge and a rich pedigree, we will help them navigate through opportunities in the homeland.” [myad]