The Nigerians in Diaspora Commission’s (NiDCOM) Chairman,  Mrs Abike Dabiri-Erewa has lauded Gov. Kayode Fayemi of Ekiti for approving 250-hectares of land in Irele for Diaspora livestock farming.

The Chairman in a statement issued by Abdur-Rahman Balogun, Head of Media, Public Relations and Protocols Unit NiDCOM, described Fayemi’s decision as a right step in right direction

According to her such gesture is worth of emulation as an incentive to encourage the Diasporans back home to invest to their homeland.

Dabiri-Erewa said that Diasporans in all endeavours were making Nigeria proud home and abroad and were actively involved in investing back home through projects such as the livestock production farming.

The chairman, who referred to Fayemi as diaspora- friendly governor, urged other governors to provide incentives geared towards encouraging Nigerians abroad to come and invest back in the country.

The NIDCOM boss equally implored other Nigerians in the diaspora to emulate the Ekiti indigenes in the Diaspora by identifying developmental projects back home with the state Governments providing enabling environment to thrive.

READ ALSO:https://brandpowerng.com/t-max-fg-targets-15000-youths-in-7-states-for-1st-phase-buharis-s-a/

The News Agency of Nigeria (NAN) on Wednesday in Abuja , report that the EDF who facilitated the process said that the first phase of the project will be a cattle ranch.

Also, a Special Purpose Vehicle (SPV) for the project in the state which is known as Ekiti Kete Livestock Development Company Limited by the group has been established and registered.

The initial funding over the three years for the first phase of the project is expected to be N1 billion.

Also, with the final approval by the governor, the coast is now clear for the company to sign an MOU with Vietnam-Africa Economic Cooperation Alliance (VAECA) which is going to be the company’s technical partner after which work on the project will begin.

(NAN)