Nigeria puts 65 projects worth $78.5bn in front of investors
From a Lagos rail line to a fertiliser plant and a data centre powered by flare gas, the portfolio presented in Bangkok could create about 367,000 jobs, the government says.
Bangkok — Nigeria has presented 65 investment projects needing $78.5 billion to investors at the IMF and World Bank annual meetings in Bangkok, Nairametrics reports.
The Finance Minister, Taiwo Oyedele, and the Central Bank Governor, Olayemi Cardoso, presented the portfolio, and a dedicated deal room has been set up to give investors project details and direct access to the authorities.
What is on offer
- Oil, gas and power: 25 projects
- Industry, manufacturing and mining: 17
- Transport and maritime: 8
- Agriculture and agro-processing: 6
- Technology, health and urban services: 9
Among them:
- the Lagos Greenline Railway, $1.29 billion
- an ammonia and phosphate fertiliser project, $2.69 billion
- a data centre powered by flare gas, $355.6 million
- an agro-processing and cold-chain export hub in Abuja, $105 million
- an integrated steel upgrade, about $1.25 billion
The government estimates the projects could create 366,763 jobs.
The pitch
Mr Oyedele pointed to tax credits for qualifying businesses under the reformed tax system, and promised further reforms on electricity pricing, transmission and farm productivity. Mr Cardoso said bringing inflation down is crucial to protect household spending power, and noted that banks raised about ₦4.6 trillion in their recapitalisation, about 72% of it at home.
Nigeria is aiming for 7% growth by 2027 or 2028 and oil output of three million barrels a day.
Source: Nairametrics, reporting by Samuel Daniel, 14 October 2026.
