Cross River to host global investment summit in London

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By Victor Okoye

The Cross River Government says it will host an international investment summit in London from Nov. 17 to Nov. 19, aimed at attracting global investors and engaging the diaspora in sustainable development.

The summit, themed โ€œUnlocking Opportunities and Driving Sustainable Growth with the Peopleโ€™s First Agenda of Senator Bassey Otu,โ€ will highlight 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 Sunday.

โ€œWe are positioning Cross River as a competitive investment destination in Nigeria and West Africa.

โ€œThis summit is a strategic move to unlock partnerships that will fuel economic growth and align with the stateโ€™s Peopleโ€™s First Agenda,โ€ Oli said.

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

โ€œWe aim to mobilise both domestic and foreign capital into high-growth sectors,โ€ Oli said.

โ€œIt will also promote bankable projects and Public- Private Partnership (PPP) models that can drive long-term developmentโ€.

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

โ€œDiaspora engagement is central to our strategy. We want to connect with Cross Riverians abroad and create channels for investment, mentorship, and knowledge transfer,โ€ he added.

He noted that the summitโ€™s outcomes would align with the stateโ€™s development goals and support Nigeriaโ€™s Economic Recovery and Growth Plan (ERGP).

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 Diaspora Commission, described the summit as a turning point for the stateโ€™s global re-engagement strategy.

โ€œWe are deliberately creating a platform that links our diaspora community to viable investment opportunities back home,โ€ Okor said.

โ€œCross Riverians abroad are not just spectators; they are vital partners in the stateโ€™s transformation agendaโ€.

He said the Commission was working closely with the summitโ€™s planning committee to ensure effective diaspora participation across all sessions.

โ€œOur people in the diaspora have the networks, skills, and capital needed to accelerate economic growth in Cross River,โ€ Okor added.

โ€œThis summit provides a concrete pathway for them to contribute meaningfullyโ€.

Oli highlighted several investment opportunities across strategic sectors.

โ€œIn agriculture, we are focusing on commercial farming, agro-processing, and export value chains,โ€ he said.

โ€œTourism prospects include hospitality, eco-tourism, and cultural festivals. We are also promoting manufacturing opportunities in agro-allied industries, light production, and export growthโ€.

He said ICT and renewable energy, especially solar mini-grids, hydro, and biomass would also feature prominently, alongside infrastructure such as roads, industrial parks, and urban renewal projects.

โ€œWe are targeting responsible investments in forestry and mining, including sustainable timber, eco-products, carbon credits, and minerals like barite and limestone,โ€ he added.

โ€œWe are also creating pathways for diaspora-led investments through bonds, joint ventures, and mentorship programmesโ€.

Oli said the governor would deliver the keynote address and officially declare the summit open.

โ€œThe programme will feature a policy showcase on investment incentives and ongoing regulatory reforms,โ€ he said.

Panel discussions will focus on tourism, infrastructure, health, agriculture, ICT, and renewable energy, while a special diaspora session will address skills transfer, strategic investments, and long-term partnerships.

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

โ€œThis is not just an event; it is a gateway to partnerships that will define the future of Cross River State,โ€ Oli said.

He also commended the International Organisation for Migration (IOM) Nigeria, led by Ms Sharon Dimanche, for its strategic support in mobilising multilateral partners and fostering collaboration to advance the vision of the governor.

Oli noted that IOMโ€™s continued engagement underscores the importance of migration and diaspora investment as key drivers of sustainable development in Cross River State.

โ€œRegistration details are available via https://cridcom.crossriverstate.gov.ng/crs-investment-summit.

โ€œFor further enquiries, contact: Hon. Ignatius Oli, Chairperson, Central Planning Committee, Cross River State Diaspora Commission.

โ€œThe Email is-ignatius.oli@cridcom.crossriverstate.gov.ng.

โ€œTel: +49 152 1614 8256,โ€ he said. (NAN)

Edited by Tosin Kolade

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