…Says: It’s catalyst for Sustainable Socio- Economic Dev In Nigeria.
The former deputy governor of Imo State, Prince Ezeakonobi Madumere has challenged persons living overseas (Diasporas) to come home and invest, urging them to take advantage of the various possibilities inherent in establishing industries across the federation.
Prince Madumere made this known while presenting a keynote address at the Imo State Diaspora Summit, 2025, with the theme, Imo -Ga -Adi – Nma held recently in Owerri,the state capital.
The former deputy governor emphasized that Diasporas serves as catalyst to the socio- economic development of the state and the nation.
According to him, this is buttressed through their remittances , which form a large chunk in the capital in flow and port folio ratio across the country.
He submitted that the state has the potentials and the capacity to accommodate investors in the industrial estate established by the former governor of the state, Dr. Sam Mbakwe of blessed memories.
Prince Madumere, challenged the Diasporas to explore these aerial land and situate their investments in the vicinity, which will create jobs and engage the teeming youths in useful ventures.
According to him, all eyes are on the Diasporas to salvage the society through meaningful productive ventures, which will invariably accommodate the teeming population of unemployed youths
Prince Madumere stressed that government cannot do it alone and urged them to contribute their quota for socio-economic and sustainable development of the state.
He said, “The Diasporas have the capability, acumen and dexterity coupled with the financial muscle to turn things around.
“All eyes are on you to salvage and rescue the society from abject poverty and deprivation. I am aware you have the resources going by your enormous remittances which contribute immensely to the gross domestic earnings in the state.”
Prince Madumere highlighted that the state is a safe haven for investors as the enabling environment has been put in place for businesses to thrive.
He tasked the government to sustain the momentum that would attract investors, reinvigorate economic growth and sustainability.
The former deputy governor expressed delight to be part of the epoch making event which has brought together dignitaries from all over the world.
In his words, “It is my pleasure to observe that the organisers have the interest and sustainable development of our state in mind.
“I wish to commend them for this well thought out initiative, which i presume will go along way to assist the government in shaping the narratives of the state and the citizenry.”
He revealed that having taken copious note of personalities in this great occasion and have no doubt that these dignitaries have the capability to chart the way forward and contribute tremendously in the road map for the socio- economic development of our state.
He commended the organisers of this program for their vision and foresight in putting together the summit.
He submitted that it is pertinent to note that in the developmental quest of any society, Diasporas have enormous role to play.
The former deputy governor submitted, “Therefore, i believe Diasporas serves as catalyst to the socio- economic development and sustainability of the state and nation at large.
“This is buttressed through their enormous remittances , which form a large chunk in the capital flow and port folio across the country.”
