The Islamic Development Bank in conjunction with the International Organisation for Migration is set to partner the Nigerians in Diaspora Commission on Diaspora Humanitarian SUKUK, Diaspora Remittances as well as capacity development programme, training and research.
DR. Mamoud Kamara, Regional Head of IDB in Nigeria, who led the delegation, disclosed this in Abuja during a strategic meeting with the Chairman/CEO, NIDCOM, Hon. Abike Dabiri-Erewa.
Kamara explained that the Diaspora Humanitarian SUKUK will help assuage the sufferings of Nigerians, particularly those who have lost their means of livelihood and struggling for any means of survival.
He said the initiative will involve a multilateral banking strategy involving the World Bank and African Development Bank among others.
He said the initiative will be very inclusive and global in structure and scope.
He stated that Diaspora Remittances will guarantee discounted rates, insurance, infrastructure, projects and crises relief.
Dr. Kamara believes that it will have a very positive impact, adding that similar ones have been successfully implemented in Israel, India and Ethiopia.
The National Project Officer, IOM, Ukamaka Osigwe, gave assurances that the body was working hand in gloves with the IDB to ensure a successful take-off of the initiatives in Nigeria.
And very swiftly too, Dabiri-Erewa said a Committee should be constituted within one week to fashion out modalities for the full implementation of the laudable initiatives as put forward by the IDB and IOM respectively.
The NIDCOM boss also harped on mainstreaming migration in such a way that irregular migration can be made regular.
She emphasised the need for diaspora data mapping as well as emphasis on research and development.
Dabiri-Erewa also informed her guests that NIDCOM has just inaugurated the Ad-hoc Committee for the establishment of National Diaspora Investment Trust Fund, the first of its kind in the history of Nigeria.
The Strategic Meeting was facilitated by the newly appointed FCT Diaspora Focal Point Officer, Sarah Areo David.