Diaspora Investor Urges FG to Address Insecurity, Infrastructure to Attract Investments

A Canada-based Nigerian entrepreneur, Mr. Oluwafemi Ayeyemi, has issued a clarion call to the Federal Government to urgently tackle the twin challenges of insecurity and infrastructural decay in the country, warning that these obstacles are discouraging Nigerians in the diaspora from investing back home.

Speaking during a media tour of his N3 billion hospitality project in Obada, Abeokuta, Ayeyemi described Nigeria as a nation brimming with untapped investment opportunities but burdened by insecurity, poor road networks, and unreliable power supply, factors he believes are pushing potential diaspora investors to look elsewhere.

“Many of us abroad want to invest in Nigeria not just to make profits, but to contribute to the nation’s development,” he said. “But insecurity and decaying infrastructure make it extremely difficult. The government must take this seriously if it wants to tap into the full potential of diaspora capital.”

Ayeyemi, who hails from Ogun State, revealed that his investment in Nigeria is a deliberate effort to support job creation and reduce poverty. His three-storey hotel project, which has been under construction since 2017, currently employs over 300 workers and is expected to provide at least 100 permanent jobs when completed in October.

Set on two hectares of land, the hotel will feature 62 rooms, a standard swimming pool, and multi-capacity event halls further boosting hospitality infrastructure in Ogun State.

Ayeyemi also commended the Ogun State Governor, Dapo Abiodun, for improving the state’s investment climate but appealed for the rehabilitation of the 2-kilometre access road leading to the project site.

“That short stretch of road, if fixed, could unlock more economic activity along this corridor. It’s not just for my business, it’s for the entire community,” he emphasized.

The entrepreneur concluded with a message to fellow diasporans: “No matter the challenges, we can’t abandon our country. Let’s keep investing, building, and pushing for change. Nigeria is home.”

His comments come as diaspora remittances remain a major source of foreign exchange for the country, yet infrastructure gaps continue to hamper broader investment inflow.