Katsina Govt Signs MoU To Tap Diaspora Funding For Development
The Katsina State Government has signed a Memorandum of Understanding (MoU) with J Williamz Limited, promoters of the Nigerian Diaspora Direct Investment Summit (NDDIS), to advance its sustainable development agenda.
The agreement, which was signed at the governor’s office, aims to facilitate the attraction of funds for the execution of critical social projects aligned with the United Nations Sustainable Development Goals (SDGs) in MSMEs development, education, healthcare, and other social sectors within the state.
The signing ceremony was witnessed by Dr Wale Fasanya, Katsina State Government Lead Consultant on MSMEs development and former Director General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN); Dr Ibrahim Musa Gani, Director of Enterprise Development and Promotion at KASEDA; and Dr Babangida Ruma, Technical Assistant to the Governor on Enterprise Development.
This strategic partnership follows Katsina State’s participation in the 12th edition of the Nigerian Diaspora MSMEs & Job Creation Investment Summit organised by NDDIS in London in March 2025, where the state presented its needs for funding to execute project interventions in various developmental sectors.
Speaking at the signing ceremony, Prince Bimbo Roberts Folayan, Founder of NDDIS, emphasised the significance of diaspora engagement in driving socioeconomic transformation in Nigeria.
“This MoU represents a major step in connecting the Nigerian diaspora with impactful projects in Katsina State. Through strategic funding, we can create real change in critical sectors of Katsina State’s economy,” Folayan stated.
He further highlighted the vision of NDDIS, stating, “The role of the Nigerian diaspora is to help facilitate investment and funding opportunities back to our motherland. This is what NDDIS has been doing for 12 years since its inception, working with Nigerian governments and private businesses to attract capital and expertise.”
The partnership is expected to open new channels for investment into Katsina State’s development priorities, leveraging the resources and expertise of Nigerians living abroad to complement the state government’s efforts in achieving sustainable development.
Katsina Govt Signs MoU To Tap Diaspora Funding For Development is first published on The Whistler Newspaper
