Borno State Attracts Nine Investment Commitments in Lagos

Borno State secured nine investment commitments during a two-day private sector roundtable on durable solutions to internal displacement held in Lagos on October 8 and 9, 2026. The event gathered over 20 private sector organizations from various sectors, including banking, telecommunications, and infrastructure development.

Representatives from the United Nations agencies, including the United Nations High Commissioner for Refugees, International Organization for Migration, and United Nations Development Programme, participated. Six companies signed letters of commitment on the first day, with three more joining on the second day.

The Dangote Group allocated shares worth ₦366 million for internally displaced persons and returnees, while the Dangote Foundation pledged scholarships for 4,000 girls over six years. The roundtable concluded with plans to establish an Investment Facilitation Support Group to monitor and support the implementation of these commitments, alongside incentives for investors, including expedited land allocation for industrial projects.