NIGERIA’s 36 state governors have launched a new investment platform known as NGF Investopedia, aimed at attracting global and African capital to accelerate infrastructure development, generate employment, and boost inclusive economic growth.
The platform was unveiled in Abuja on Tuesday under the auspices of the Nigeria Governors’ Forum (NGF).
The compendium, which will be published every two years, will highlight investment-ready projects across key sectors while providing detailed analyses, incentives, and market insights for potential investors.
NGF Chairman and Kwara State Governor, AbdulRahman AbdulRazaq, represented at the event by Nasarawa State Governor, Abdullahi Sule, described the initiative as a strategic response to Nigeria’s urgent financing needs.
He noted that while foreign direct investment (FDI) inflows into Nigeria have averaged just $2 billion annually over the past decade less than 0.5% of the country’s GDP, the nation faces an infrastructure financing gap estimated at $100 billion every year.
“Public projects alone cannot solve this problem,” AbdulRazaq said. “To unlock prosperity, we must mobilize global and African capital that creates jobs, modernizes infrastructure, and ensures inclusive growth.
“This is the purpose of the NGF Investopedia: a one-stop shop for investors to identify credible, transparent, and bankable projects across all 36 states.”
According to the NGF, the Investopedia will be available in both print and digital formats and will be showcased at major global platforms, including the Intra-African Trade Fair, the United Nations General Assembly, and the Africa Investment Forum.
The NGF chairman stressed that the benefits of such investments would extend beyond financial returns. “Directing capital into agro-processing, renewable energy, ICT infrastructure, or finance doesn’t just boost the economy.
It creates jobs, improves livelihoods, and drives sustainable development,” he added.
He also disclosed that the NGF is working to establish an NGF Fund, a pooled investment vehicle supported by the Ministry of Finance Incorporated (MOFI), the Nigeria Sovereign Investment Authority (NSIA), and the Central Bank of Nigeria (CBN).
This fund, he said, will complement Investopedia by channeling catalytic capital into state-led projects.
“To our distinguished investors in Nigeria, Africa, and around the world, I extend this invitation: partner with Nigeria’s states. The opportunities are vast, and the commitment is firm. Nigerian subnationals are open, credible, and investment-ready,” AbdulRazaq declared.
Earlier in his remarks, NGF Director General, Abdulateef Shittu, described the initiative as a “new dawn” in Nigeria’s subnational investment readiness.
Shittu explained that while states collectively budgeted over ₦17.5 trillion for capital projects in 2025, financing constraints and fragmented entry points have long deterred investors from engaging at scale.
“It is precisely this challenge that the NGF Investopedia seeks to solve,” Shittu said. “By curating bankable pipelines of projects across all 36 states, the platform provides a credible, transparent, and globally visible one-stop resource for investors.”
The unveiling of Investopedia, stakeholders present say, signals a coordinated push by Nigeria’s governors to position the country’s subnational governments as competitive investment destinations, bridging long-standing financing gaps and unlocking new opportunities for growth.