Govs launch investment platform, budget N17.5 trn for capital projects

The Nigerian Governors Forum (NGF) has launched an investment platform with a budget of N17.5 trillion for capital projects. During a keynote address event at the Transcorp Hilton Hotel in Abuja, NGF Chairman and Kwara State Governor Abdulrahman Abdulrazaq highlighted the annual infrastructure financing gap in Nigeria, estimated at $100 billion.

The platform aims to bridge this gap by mobilizing global and African capital to finance projects that will create jobs, modernize infrastructure, and drive inclusive growth. The NGF Investopedia will serve as a one-stop shop for investors, providing a curated pipeline of projects across all 36 states in Nigeria.

This initiative is backed by strong partnerships and aims to attract more Foreign Direct Investment (FDI) to the country, signaling Nigeria's openness to credible investment opportunities. The NGF has collectively budgeted trillions for capital projects by 2025, reflecting a commitment to transforming infrastructure and social services.

The platform seeks to address financing constraints and provide.