Katsina eyes diaspora investment through strategic partnership with NDDIS

The Katsina State Government has signed a Memorandum of Understanding (MoU) with J Williamz Limited, one of the promoters of the Nigerian Diaspora Direct Investment Summit (NDDIS), to advance its sustainable development agenda.

The agreement, which was signed onTuesday in Katsina, is aimed at attracting Diaspora 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.

BusinessDay was told that the signing of the strategic partnership follows Katsina State’s participation in the 12th edition of the Nigerian Diaspora MSMEs and Job Creation Investment Summit organised by NDDIS in London in March 2025.

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During the event, the State was said to have unveiled its needs for funding to execute various project interventions to the gathering.

Speaking at the signing ceremony, 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 economy.

“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”, Folayan said.

The partnership is expected to open new channels for investment into Katsina State’s development priorities, leveraging resources and expertise of Nigerians living abroad to complement the state Government’s efforts in achieving sustainable development.

Wale Fasanya, Katsina State Government Lead Consultant on MSMEs Development, and former Director General of Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), and, Ibrahim Musa Gani, Director Enterprise Development and Promotion KASEDA, as well as Babangida Ruma, Technical Assistant to the Governor on Enterprise Development, signed the agreement on behalf of the two parties.