Nigerians have been urged to prioritize solutions to their problems and reduce their dependence on remittances and grants from the diaspora.

Speaking at the African Diaspora Investment Summit (ADIS), CEO and General Partner of Fund for Africa’s Future (Future Africa), Iyinoluwa Aboyeji, stated that while diasporans had time, talent, and treasure, too much emphasis was placed on the treasure.

He called for a mindset shift towards intellectual investment and said that knowledge transfer was more critical than diaspora money.

Board Chairman of ADN and Founder/Managing Partner, Ignite Venture Studio, Josh Ghaim, echoed Aboyeji’s comments and urged entrepreneurs to harness the resources available through mentorships, stating that the human capital was the most important factor. Governor of Osun State, Senator Ademola Adeleke, has established a support desk for Osun tech innovators and entrepreneurs to access the recently launched $618m tech fund by the African Development Bank (AfDB) in collaboration with the Federal Government of Nigeria.

Adeleke expressed the readiness of his government to tap into the opportunities to further the digital economy agenda of his administration.

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