Meristem’s initiative to tackle project frauds
Reason; Meristem Diaspora Trust has been designed to enable them execute projects by transferring the responsibility to a trustee who protects the interest of the owner and ensure that the project is done successfully
The former Chairman, House of Representative Committee on Diaspora, Mrs Abike Dabiri –Erewa, who commended the new initiative of Meristem Trustees Limited, stated that the product would eliminate all fraudulent experiences encountered by diaspora Nigerians in the process of execute projects, especially housing schemes in Nigeria.
Dabiri-Erewa, who spoke during the launch of the product in Lagos at the weekend, recounted the ugly experiences encountered by Nigerians in diaspora in project executions in Nigeria over the years.
She also pledged her support to ensure rapid penetration of the product within sub Saharan African and beyond.
“ This is one of the issues we are confronted with at every discussions. Is either you are defrauded or frustrated when ever you want to do a project or make investment in Nigeria from abroad.
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