Enugu Diaspora Group to Invest $5m in Moribund Industries

By January 10, 2019 Investment News

ENUGU State indigenes in the Diaspora, under the aegis of Enugu Diaspora Alliance, EDA, have announced plans to invest $5 million in reviving some moribund industries and shoring up infrastructural and educational development of the state in 2019.

President of the group, Mr. Ayobanna Ikeanumba, who dropped the hint during the group’s annual home-coming and get-together in Enugu recently, said that aside investing in the moribund industries, the group would also partner international organisations and the state government to invest in health, education and security of the state.

He said that the association was taking the think-home philosophy of the Igbo man seriously; hence it is mobilising her members and development organisations to pull resources together to invest in the state both as corporate organisation and individual enterprises.

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