Introduction to the Investment Summit
The Cross River Government is set to host an international investment summit in London from November 17 to November 19. The summit aims to attract global investors and engage the diaspora in sustainable development. According to Hon. Ignatius Oli, Chairperson of the Central Planning Committee, Cross River State Diaspora Commission, the event will highlight strategic sectors and investment-ready projects across the state.
Objective of the Summit
The summit, themed "Unlocking Opportunities and Driving Sustainable Growth with the People’s First Agenda of Senator Bassey Otu," is a strategic move to unlock partnerships that will fuel economic growth and align with the state’s People’s First Agenda. The event will bring together investors, policymakers, diaspora professionals, and development partners to explore opportunities in various sectors.
Sectors of Focus
The sectors of focus include agriculture, tourism, ICT, manufacturing, renewable energy, infrastructure, and the green economy. The government aims to mobilize both domestic and foreign capital into high-growth sectors and promote bankable projects and Public-Private Partnership (PPP) models that can drive long-term development.
Diaspora Engagement
Diaspora engagement is central to the strategy, with the goal of connecting with Cross Riverians abroad and creating channels for investment, mentorship, and knowledge transfer. The summit will serve as a platform for business-to-business and business-to-government networking.
Expected Outcomes
The summit’s outcomes are expected to align with the state’s development goals and support Nigeria’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.
Investment Opportunities
Several investment opportunities will be highlighted across strategic sectors, including commercial farming, agro-processing, and export value chains in agriculture. Tourism prospects include hospitality, eco-tourism, and cultural festivals. Manufacturing opportunities will be promoted in agro-allied industries, light production, and export growth.
Renewable Energy and Infrastructure
ICT and renewable energy, especially solar mini-grids, hydro, and biomass, will also feature prominently, alongside infrastructure such as roads, industrial parks, and urban renewal projects. Responsible investments in forestry and mining, including sustainable timber, eco-products, carbon credits, and minerals like barite and limestone, will be targeted.
Diaspora-Led Investments
Pathways for diaspora-led investments will be created through bonds, joint ventures, and mentorship programs. The governor will deliver the keynote address and officially declare the summit open.
Program Highlights
The program will feature a policy showcase on investment incentives and ongoing regulatory reforms. 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.
Conclusion
The investment summit is expected to attract investors, business leaders, development agencies, diplomatic missions, and senior government officials. It is not just an event, but a gateway to partnerships that will define the future of Cross River State. The government has commended the International Organisation for Migration (IOM) Nigeria for its strategic support in mobilizing multilateral partners and fostering collaboration to advance the vision of the governor.
FAQs
Q: What is the theme of the investment summit?
A: The theme of the investment summit is "Unlocking Opportunities and Driving Sustainable Growth with the People’s First Agenda of Senator Bassey Otu."
Q: When and where will the summit take place?
A: The summit will take place in London from November 17 to November 19.
Q: What are the sectors of focus for the summit?
A: The sectors of focus include agriculture, tourism, ICT, manufacturing, renewable energy, infrastructure, and the green economy.
Q: How can I register for the summit?
A: Registration details are available via https://cridcom.crossriverstate.gov.ng/crs-investment-summit.
Q: Who can I contact for further enquiries?
A: You can contact Hon. Ignatius Oli, Chairperson, Central Planning Committee, Cross River State Diaspora Commission, at ignatius.oli@cridcom.crossriverstate.gov.ng or +49 152 1614 8256.
