Nasarawa secures $1bn in domestic, foreign investment

  Nasarawa State has secured a whopping $1.008 billion in domestic and foreign direct investments between January and December 2025. The figure is separate from other investments attracted by various Ministries, Departments, and Agencies of the state government. The total investment comprises $505.7 million actualised investments, representing 50.14%, and $502.8 million announced investments, accounting for […]

Nasarawa secures $1bn in domestic, foreign investment

 

Nasarawa State has secured a whopping $1.008 billion in domestic and foreign direct investments between January and December 2025.

The figure is separate from other investments attracted by various Ministries, Departments, and Agencies of the state government.

The total investment comprises $505.7 million actualised investments, representing 50.14%, and $502.8 million announced investments, accounting for 49.86%. Actualised investments are deals that have progressed to the implementation stage, while announced investments are public declarations or formal commitments by investors to invest in the state.

The announced investments span key sectors including mining, agriculture, energy, and manufacturing. Specifically, mining has attracted $300 million, agriculture $800,000, energy $70 million, and manufacturing $130 million.

Eight companies have injected a combined $505.7 million into priority sectors of the state’s economy. The breakdown of actual investments shows mining leading with $400 million, followed by agriculture with $48.8 million, manufacturing with $46 million, technology with $16.6 million, and education with $10.9 million.

These investments are distributed across six Local Government Areas of the state: Kokona, Nasarawa, Akwanga, Keffi, Lafia, and Toto.

Nasarawa Local Government Area has attracted the largest share, with investments worth $400 million, representing 79% of the total.

Some of the investing companies include Euphoria Press Limited, Diamond New Energy Company LTD, Advent Integrated Service Limited, Saro Africa Agric Value Chain, Sequoia Cassava Farms, and China Witent Technology Co Ltd.

Companies that have announced investment plans and are actively working toward resource deployment include Nichi Mine Limited, Nok Motors Limited Electric, Caspian Pacific Africa Green Energy Limited, CMIG Drawin Nig. Ltd, EGTA Environmental Limited, and Maiyamco Investment Nig. Limited.

The investments are expected to create a total of 22,645 jobs across various sectors. Agriculture is projected to generate 10,025 jobs, manufacturing 6,600, education 5,000, mining 1,000, and technology 20.