Amaka Obiefuna.

Nigeria’s Minister of Finance, Kemi Adeosun, has said the $300 million Diaspora bond approved by the National Assembly would be rolled out in March.

Adeosun spoke when the Senior Special Assistant to the President on Foreign Affairs and Diaspora, Mrs. Abike Dabiri-Erewa, paid her a courtesy visit in Abuja.

 “The Diaspora bond which the National Assembly has approved is where Nigerian in the Diaspora who wants to invest can key into; we are hoping that by March the Diaspora bond will be rolled out.

Beyond that of course, the investment opportunities in Nigeria are very huge, a lot of Diasporans who are interested in investing at home are encouraged to do so.

Government is putting in place a lot of incentives such as infrastructures; and also creates conducive environment for investment to thrive, we are encouraging them to come back home and join the trend,” she said.

The minister noted that the Ministry of Trade and Investment is working on ease of doing business and to reduce the bottlenecks, bureaucracy and a lot of red tapes hindering people from doing businesses in the country.

Adesoun, who was optimistic that 2017 would be a better year for Nigeria, said the country is going to overcome its challenges and all hands must be on deck to restore the economy

“We are very confident that Nigeria is going to overcome its challenges; we have to ensure that we invest and ensure that the economy is moving,” she said.

The minister also said that government had other incentives in place for the Diaporans, including Diasporan Housing Scheme that will save them a lot of difficulties in becoming a landlord at home.