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Tinubu Unveils $78.5bn Investment Pipeline with World Bank

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This Day
Tinubu Unveils $78.5bn Investment Pipeline with World Bank

On October 16, President Bola Tinubu welcomed the World Bank Group's initiative to mobilize approximately $5.79 billion in private financing for Nigeria. He introduced a pipeline of 65 bankable projects seeking $78.5 billion in investment, aimed at bolstering economic growth, expanding businesses, and creating jobs.

Key sectors expected to benefit include agriculture and digital infrastructure. Tinubu invited both domestic and international investors to explore these projects, assuring them that his administration would address obstacles to facilitate viable investments.

The project pipeline was presented by Taiwo Oyedele, the Minister of Finance and Coordinating Minister of the Economy, and Olayemi Cardoso, the Governor of the Central Bank of Nigeria, during the Nigeria Investors Forum at the 2026 IMF–World Bank Annual Meetings in Bangkok. Tinubu emphasized that the World Bank's financing initiative supports the government's efforts to attract investment and expand economic opportunities, directing investors to access project details through the Projects Nigeria portal.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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