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$200m Diaspora Investment Fund Ready This Year - Politics - Nairaland

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$200m Diaspora Investment Fund Ready This Year by blacksta(m): 5:46pm On Apr 20, 2009
The 200-million-dollar (N29 billion) Diaspora Investment Fund (DIF) set up by the Nigerians in Diaspora Organisation Europe (NIDOE) in 2008, is to become operational before the end of the year.



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The Chairman of NIDOE, Dr John George, made the announcement on Friday in Abuja when he paid a courtesy visit to the Minister of Information and Communications, Prof. Dora Akunyili.

George, who led a delegation to the country to finalise arrangements for the Fund’s actualisation, blamed the global financial crisis for the delay in the inauguration of the project.

He said the slot for the Fund management was keenly contested by major Nigerian financial institutions, after which a subsidiary of one of the commercial banks emerged as the preferred manager.

George solicited for the support of the ministry to the Global Database of Nigerians in Diaspora, an encyclopedia of Nigerian professionals working abroad.

The database, registered with the Data Protection Commission in the United Kingdom, was launched in London in February.

“ It is a professional software developed by a team of Nigerians in Diaspora, and the facility exists for both the private and the public sector in Nigeria to tap from,” he added.

The Chairman of NIDOE also called for the establishment of a National Diaspora Commission to look after the affairs of Nigerians living abroad.

He said the commission would help Nigerians in Diaspora to contribute their quota to the development of the country.

George also urged the Federal Government to take necessary measures to guard against the violation of the human rights of Nigerians in Diaspora.

“We expect government to take action against cases of human rights abuses of Nigerians in Europe, particularly in Ukraine, which is becoming very notorious for violation of Nigerians’ human rights,” he said.

http://odili.net/news/source/2009/apr/20/304.html
Re: $200m Diaspora Investment Fund Ready This Year by blacksta(m): 5:51pm On Apr 20, 2009
I have always been very skeptical about this so called diaspora database. I am very sure this  is an avenue for Dr John George and his cohorts to partake in sharing of the national cake. it seems nobody wants to be left out.   This is $200 mill from Nigerians abroad to Nigeria.
who is going manage this arrangement.   Nigerians lack Financial integrity



The database, registered with the Data Protection Commission in the United Kingdom, was launched in London in February.

“ It is a professional software developed by a team of Nigerians in Diaspora, and the facility exists for both the private and the public sector in Nigeria to tap from,” he added.



What databse  it doesn't even work.  -  This is the biggest scam from outside Nigeria.   I am very sure Nigerians abroad would soon receive email about contributing into a diaspora fund account -  you are warned.

Dr Ray Onwuelo is the head of the U.k Chapter of the NIDOE ( please read on)


Ray Onwuelo has been a member of Nigerians in Diaspora Organisation Europe (NIDOE) from inception. He held different Executive offices at different levels in the UK South Chapter of the Organisation.

      He is the Chairman of RAYME Group, an establishment with wide ranging business interests. He is also the Managing Director of TOHIM Limited, an enterprise in England and Wales.

     Dr. Onwuelo is a specialist medical practitioner with two decades of medical practice spanning through the Americas, Europe and Africa. He is also a trained Lawyer and has made groundbreaking representations on various matters.

     Ray is a founding General Secretary in 1988 of "National Youth Focus", a movement of professionals in pursuit of Democracy and Social Justice in Nigeria. He belongs to different professional and non-professional Associations in different parts of the world. He is a member of the Board of Trustees of NIDO Europe. Currently he is the Director of Finance of the Organisation.

     Dr. Onwuelo is based in London, United Kingdom.



Surbiton doctor struck off by General Medical Council

Doctor Raymond Onwuelo faces a charge of serious professional misconduct.

Having been appointed the position of Clinical Fellow in Anaesthetics at a Redhill hospital for several years, Raymond Onwuelo was brought before the General Medical Council last Monday after failing to disclose a £300 pound fine for shoplifting.

During the ongoing inquest Raleigh Drive resident Onwuelo, denies any wrong-doing.

Having failed to disclose a criminal conviction Raymond Onwuelo is found guilty of serious professional misconduct.

The GMC Fitness to Practice panel has ruled that his conduct "amounted to a serious departure from the standards of a registered medical practitioner" and has erased him from the register.

http://www.surbiton.com/node/403 and http://www.surbiton.com/node/396

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