Nigeria has unveiled 65 investment opportunities across key sectors to attract local and foreign investors, create jobs and accelerate economic growth.
The opportunities were presented at the ongoing IMF-World Bank Annual Meetings in Bangkok by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, and the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso.
Oyedele said the projects covered oil and gas, power, transport, agriculture, manufacturing, mining, technology, healthcare and urban services.
He said a dedicated deal room had been established to provide investors with project details, funding requirements and direct access to relevant authorities.
The minister added that further reforms would address electricity pricing, transmission challenges, agricultural productivity and regulatory inefficiencies to improve the business environment.
He also highlighted the Economic Development Incentive, which offers tax credits to qualifying businesses, and urged investors to focus on long-term projects that create jobs and expand domestic production.
Cardoso said reducing inflation was essential to protecting household purchasing power, particularly among low-income earners. He added that monetary and structural reforms had improved capital market performance and strengthened confidence in the financial system.
According to him, banks raised about ₦4.6 trillion during the recapitalisation exercise, with approximately 72 per cent sourced from the domestic capital market.
Cardoso said Nigeria was targeting economic growth of seven per cent by 2027/2028, alongside plans to increase oil production to three million barrels per day and raise infrastructure stock to 75 per cent of gross domestic product.
He added that stronger external reserves had improved the country’s ability to withstand external economic shocks.
