EFCC Working to Make Nigeria Safe Haven for Genuine Investors—Magu

By Gift Olivia Samuel, The Sight News

The Chairman, Economic and Financial Crimes Commission, (EFCC) Ibrahim Magu, has on Wednesday, disclosed that his Commission has taken proactive measures to ensure that Nigeria is a safe haven for genuine investors, both expatriates and nationals outside the country.

Magu, who made the disclosure at the Nigeria Diaspora Investment Summit 2019, held at the Banquet Hall, Presidential Villa, Abuja, said the anti-corruption agency has changed the narrative of lamentation by Nigerians in Diaspora.

He noted that Nigerians in Diaspora were quite often short-changed in the past when they send foreign currency to their relatives through Western Money Transfer.

According to him, “Our crusade is to encourage Foreign Direct Investment both local and abroad. It is to encourage our brothers abroad

“I want to assure Nigerians in Diaspora that we will do everything to protect your investment.”

He further noted that they are working at the ECOWAS level to adopt a protocol to repatriate those who perpetrate Advanced Fee Fraud.

“Bankers here are defrauding beneficiaries when Nigerians abroad send money. We have had instances when people send money through Money Transfer and the receiver here is shortchanged.

“We are working with banks to ensure that Nigerians abroad will not be apprehensive to send money home,” he ended.

Earlier, the former Governor of the Central Bank of Nigeria and Member, National Economic Advisory Team, Professor Chukwuma Soludo in his keynote address, advised Nigerians in the Diaspora to take more than passing interest in the economic growth and development of the country.

In his paper, “Enabling the Diaspora as Drivers of Economic Growth and Development”, Soludo, urged Nigerians in Diaspora to see the commitment to a prosperous Nigeria as a duty they owe themselves, rather than a choice.

For her part, the Chairman, Nigerians in Diaspora Commission (NIDCOM), Hon. Abike Dabiri, appreciated the participants for associating with the  Commission’s vision.

The 2nd Nigeria Diaspora Investment Summit (NDIS) 2019 had the theme: “Leveraging Diaspora Resources For Economic Growth”.

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