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Cross River to Host Global Investment Summit in London, Targets Diaspora, Foreign Investors

by Amedu Abalaka
6 months ago
in Economy
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Cross River to Host Global Investment Summit in London, Targets Diaspora, Foreign Investors
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By Victor Okoye

Abuja, Oct. 9, 2025 (NAN) The Cross River State Government will host an international investment summit in London from Nov. 16 to 19, 2025, to attract global investors and engage the diaspora in sustainable development.

The summit, themed “Unlocking Opportunities and Driving Sustainable Growth with the People’s First Agenda of Senator Prince Bassey Edet Otu”, will spotlight strategic sectors and investment-ready projects across the state.

Hon. Ignatius Oli, Chairperson of the Central Planning Committee, Cross River State Diaspora Commission, disclosed this in a statement issued to the News Agency of Nigeria (NAN) on Thursday.

“We are positioning Cross River as a competitive investment destination in Nigeria and West Africa,” Oli said.

“This summit is a strategic move to unlock partnerships that will fuel economic growth and align with the state’s People’s First Agenda.”

He said the event would convene investors, policymakers, diaspora professionals, and development partners to explore opportunities in agriculture, tourism, ICT, manufacturing, renewable energy, infrastructure, and the green economy.

“We aim to mobilise both domestic and foreign capital into high-growth sectors,” he said.

“It will also promote bankable projects and public-private partnership (PPP) models that can drive long-term development.”

Oli said the summit would serve as a platform for business-to-business and business-to-government networking.

“Diaspora engagement is central to our strategy. We want to connect with Cross Riverians abroad and create channels for investment, mentorship, and knowledge transfer,” he added.

“The summit’s outcomes will align with the state’s development goals and support Nigeria’s Economic Recovery and Growth Plan.

”The event will be moderated by Mr. Nero Ughwujabo, a public policy expert with a background in stakeholder engagement and strategic communications.”

Prince Otu Okor, Chairman of the Cross River State Diaspora Commission, described the summit as a turning point for the state’s global re-engagement strategy.

“We are deliberately creating a platform that links our diaspora community to viable investment opportunities back home,” Okor said.

“Cross Riverians abroad are not just spectators—they are vital partners in the state’s transformation agenda.”

He said the Commission is working closely with the summit’s planning committee to ensure effective diaspora participation across all sessions.

“Our people in the diaspora have the networks, skills, and capital needed to accelerate economic growth in Cross River,” Okor added.

“This summit provides a concrete pathway for them to contribute meaningfully.”

Oli said the summit would highlight opportunities across several strategic sectors.

“In agriculture, we are focusing on commercial farming, agro-processing, and export value chains,” he said.

He identified tourism prospects in hospitality, eco-tourism, and cultural festivals. He also cited manufacturing opportunities in agro-allied industries, light production, and export growth.

“ICT is another key sector, with investment potential in digital skills, tech hubs, and fintech,” he said.

He noted that renewable energy—particularly solar mini-grids, hydro, and biomass—would also be featured, alongside infrastructure such as roads, industrial parks, and urban renewal projects.

“We’re targeting responsible investments in forestry and mining, including sustainable timber, eco-products, carbon credits, and minerals like barite and limestone,” he added.

“We’re also creating pathways for diaspora-led investments through bonds, joint ventures, and mentoring.”

Oli said Governor Senator Prince Bassey Edet Otu would deliver the keynote address and officially open the summit.

“The programme will feature a policy showcase on investment incentives and ongoing regulatory reforms,” he said.

He said panel discussions would focus on tourism, infrastructure, agriculture, ICT, and renewable energy.

“A special diaspora session will focus on skills transfer, strategic investments, and long-term partnerships,” he said.

The summit is expected to attract investors, business leaders, development agencies, diplomatic missions, and senior government officials.

“This is not just an event; it is a gateway to partnerships that will define the future of Cross River State.

“For more information, contact: Hon. Ignatius OliChairperson, Central Planning Committee Cross River State Diaspora Commission.

“My email and phone number are: ignatius.oli@cridcom.crossriverstate.gov.ng Phone: +49 152 1614 8256,” Oli said. (NAN)(www.nannews.ng)

Amedu Abalaka

Amedu Abalaka

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