Optiva Capital to attract $ 5 billion to Nigeria through diaspora investment

CONSISTENT with its philosophy of protecting, growing, enhancing and optimising wealth for discerning investors, Nigeria’s leading investment immigration wealth management company, Optiva Capital Partners Limited, has launched a new product tagged Diaspora In vestor Direct Investment ( DIDI) Announcing the introduction of the unique product at a dinner last week, the Chairman of Optiva Capital Partners, Franklin Nechi, said DIDI, which is “our unique product to attract diaspora funds and in vestments into the country”, aims at attracting $ 5 billion into the country yearly.

“The objective is to stand in the gap for Nigerians in the diaspora who seek to remit funds home for investment purposes because most of them are afraid of losing their funds to unscrupulous persons or agents, so we bridge that gap,” Nechi said.

According to him, Nigeria's diaspora funds are ranked amongst the top five globally, estimated at $ 100 billion yearly. He DIDI would leverage capital structure, infrastructure and other wealth management skills to get five per cent of the fund channelled into productive investments in the country for a good return for the investors and higher foreign exchange liquidity for the economy.

On the implementation modalities, Nechi explained that the company would leverage its experience, integrity and rich network to get the buy- in of Nigerians in the diaspora who want to build homes at home or create other businesses to channel their money home for those purposes.

With the virtual growing in leaps, he said, there would not be a challenge in establishing monitoring platforms to enable the investors to see where their money is going.

“We help the diasporans to create an enabling environment that will ensure that they track the progress of their investments. With DIDI, we shall help investors manage the risks associated with the repatriation of funds back to the country for investments, ranging from property development, farms to cottage factories.”

The investment expert reiterated that the company has created structures that will help Nigerians in the diaspora to manage businesses back home end- to- end. The company, he said, handles land acquisition, proper registration of titles and setting up of business structures for the clients.