
News
Enugu targets $2Bn Diaspora investment fund – Gov Mbah

…woos investors, says Enugu opens for business
The Government of Enugu State has rolled out plans to hold a Diaspora Investment Forum that would see the state reap $2 billion in investment interests in the first year, even as governor Peter Mbah assured investors of the state readiness to partner with them.
The event tagged “The Enugu State Diaspora and Investment Forum” and planned for April 2024, will be heralded by a couple events, including the Investment and Economic Growth Stakeholder Roundtable scheduled for September 2023 to inform key stakeholders about upcoming investors’ days, Diaspora Forum in December 2023, to bring together the diaspora investing community, and Closed Boardrooms in March 2024 to “close deals and mobilise institutional partners with investment interests in curated projects”.
Dr. Mbah disclosed this at a press conference, which he addressed at the Government House, Enugu, on Monday.
He stressed that Enugu was open for business and welcomed all project sponsors, domestic and international financial institutions, and development partners, even as he urged the diaspora community to invest in Enugu State to deliver transformative development outcomes for their people.
“The Enugu State Diaspora and Investment Forum will be a multi-stakeholder, fully transactional platform championed by the Enugu State Government to accelerate the identification, preparation, curation, and financial closure of investment projects to achieve the State’s Private Sector-Led Economic Transformation Agenda.
“In its first year, the Enugu State Diaspora and Investment Forum aims to attract at least US$2 billion in investment interests” Mbah stated.

Throwing more light on the planned Forum, he said: “In September 2023, the Investment and Economic Growth Stakeholder Roundtable will bring together bilateral and multilateral development partners, as well as senior-level executives from commercial banks, public and corporate pension funds, sovereign wealth funds, private equity funds, infrastructure funds, and other domestic financial institutions for a systematic discussion on advancing viable investment opportunities in the state as my administration steers Enugu State on a path of private sector-led economic growth.
“The Enugu State Diaspora and Investment Forum (ES-DIF) and the series of preliminary business and investment roundtables will be implemented by a Diaspora and Investment Unit established within my office, which will be tasked with the responsibility of working with relevant government agencies, project sponsors, domestic and international financial institutions, private investors including the diaspora investing community, and development partners to crowd in capital for critical development programmes and projects in priority sectors that can improve Enugu State’s global competitiveness and drive suitable development programmes.
“The Enugu State Diaspora and Investment Forum will, among others, identify and curate projects to bankability; work with relevant government agencies to facilitate policy reforms, technical assistance support and innovative partnerships; mobilize capital for bankable projects, including net-zero aligned projects that can unlock the economic potential of Enugu State and South-Eastern Nigeria; implement an annual investment marketplace with special boardrooms for government agencies, potential investors, and project sponsors to match and mutually de-risk projects; and accelerate the financial closure of investment deals brought to the ES-DIF platform by public and private investors”.
According to the governor, the Enugu State Diaspora and Investment Forum will comprise six interdependent activity areas, namely: Enugu State Diaspora and Investment (ESDI) Platform, ESDI Market Place, ESDI Forum Investors’ Day, a Deal Tracker, Policy Environment Reforms, and a Diaspora Engagement Programme.
The governor said his announcement of the planned Forum, Monday, marked the takeoff of the work of the Enugu State Diaspora and Investment Unit.
It is recalled that Mbah had in his manifesto committed to raising Enugu’s Gross Domestic Product (GDP) from $4.4 billion to $30 billion in eight years.
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BREAKING: Tinubu’s Minister, Uche Nnaji, resigns after certificate forgery allegation

Minister of Science, Technology and Innovation, Geoffrey Uche Nnaji, has resigned following allegations of certificate forgery levelled against him.
Presidential aide, Bayo Onanuga, confirmed the development in a statement on Monday, saying President Bola Ahmed Tinubu has accepted the minister’s resignation.
According to Onanuga, Nnaji, who was appointed in August 2023, tendered his resignation letter to the President, expressing appreciation for the opportunity to serve the nation.
The former minister described himself as a victim of blackmail from political opponents.
The statement:
PRESIDENT TINUBU ACCEPTS RESIGNATION OF GEOFFREY NNAJI AS MINISTER

President Bola Ahmed Tinubu has accepted the resignation of Geoffrey Uche Nnaji, the Minister of Innovation, Science, and Technology, following some allegations against him.
President Tinubu appointed Nnaji in August 2023.
He resigned today in a letter thanking the President for allowing him to serve Nigeria.
Nnaji said he has been a target of blackmail by political opponents.
President Tinubu thanked him for his service and wished him well in future endeavours.
Bayo Onanuga
Special Adviser to the President
(Information and Strategy)
October 7, 2025
News
BREAKING: Enugu APC EXCO dissolved ahead of Gov. Mbah’s defection

The National Working Committee (NWC) of the All Progressives Congress (APC) has dissolved the party’s Enugu State Executive Council ahead of Governor Peter Mbah’s expected defection from the PDP.
Sources within the party confirmed Tuesday that the official announcement will be made on Thursday, the same day Mbah is scheduled to formally join the APC in what insiders describe as a major political realignment in the Southeast.
Enugu political stakeholders have been urging the governor to join the ruling political party assuring him of their unflinching support in wherever political party he chooses ahead of 2027.
More later…
News
Forgery Scandal: Carry your cross, Enugu Govt tells embattled Minister, Uche Nnaji

…advises Minister to clear his name
The Enugu State Government has denied sponsoring allegations of certificate forgery against the Minister of Innovation, Science, and Technology, Chief Uche Nnaji, urging him to “carry his cross” and clear his name before Nigerians.
The government, in a press statement issued in Enugu on Monday by the Director of Information in the Ministry of Information and Communication, Mr. Chukwuemeka Nebo, said it had no hand whatsoever in the controversies surrounding the Minister’s academic records.
“The Enugu State Government dissociates itself completely from these allegations. The Honourable Minister must carry his own cross and clear his name before Nigerians, instead of dragging the government into issues that are entirely personal to him,” Mr. Nebo declared.
The Director of Information recalled that Chief Nnaji had invited journalists to a world press conference scheduled for Monday at 2:00 pm to address the matter, but failed to show up.
“A large number of Nigerian and international journalists reportedly gathered on the Minister’s invitation to hear directly from him. But rather than appear before them to answer questions and establish his innocence, the Minister absconded, leaving behind proxies who could not withstand the barrage of legitimate questions from journalists.

“Who can narrate Chief Nnaji’s UNN story better than him? Why invite the media, only to outsource the conference? Why send third parties, who lack the answers to critical questions, if he truly has nothing to hide?” Mr. Nebo queried.
“Did he, for his screening, present a purported degree certificate to the Senate showing that he graduated from the prestigious University of Nigeria, Nsukka (UNN), in July 1985?
“Is it true that he deposed in a Federal High Court filing in Abuja that he was not issued any degree certificate by UNN and, if so, how did he come about the degree certificate he presented to the Senate?
“Is it also true that while he claims to have graduated in July 1985, he applied to the university to retake Virology (Course code: MCB 431) in the September 1985 Supplementary Examination, having failed the course?
“Is it also true that the university, in a November 8, 1985 letter, informed Uche Nnaji that he again failed Virology (Course code: MCB 431) in the Supplementary Examinations, but could register to retake the course in the June 1986 examinations, provided he paid an examination fee of N4.00 (Four naira)?
“Is it true that on January 3, 1986, he again applied to retake the Virology (Course code: MCB 431) examination in June 1986, stating in his letter that the receipt for the payment of the N4.00 (Four Naira) resit fee had been attached?
“Is it true that while he claims to be in possession of a university degree, he only submitted his Secondary School WASC Certificate to the Independent National Electoral Commission (INEC) for his participation in the 2023 governorship election?
“Why did Uche Nnaji’s proxy state at the Abuja press conference that the Minister “graduated”, while avoiding stating categorically that he was issued a degree certificate?
“Did he also present a purported NYSC discharge certificate showing that he commenced his national service in April 1985, three months before his supposed graduation, and served until July 1986 — an unusual duration of 13 months instead of the usual 12 months of national service?
“Whereas the CEO of the NYSC at the time he claimed to have undergone the national service was Col. Edet Akpan (January 1984 to December 1987), Uche Nnaji’s NYSC discharge certificate was signed by Col. Animashaun Braimoh, who was NYSC CEO from January 1988 to December 1990.
“Is it true that NYSC certificates issued up till October 1990 had six-digit numbering devoid of alphabetic characters, but Uche Nnaji’s discharge certificate, supposedly issued in 1986, was numbered A231309, which includes the alphabet ‘A’?
“And above all, is it a fact that he deposed to an affidavit in the suit he filed in court that UNN did not issue him any certificate? And if that is the case, Nigerians want to know how he came about the certificate he submitted to the Senate of his own free will in 2023.
“These are the clarifications Nigerians earnestly yearn for, and Chief Uche Nnaji is urged to brave up to clear his name, if he is truly innocent, rather than trading blames,” Nebo stressed.
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