By Michael Kalu
Given the gap between Nigeria’s untapped potential and investible funds, the Nigeria Governors’ Forum (NGF) is to launch the NGF Investopedia, a comprehensive platform to spotlight investment opportunities across the country’s 36 states.
The event, scheduled for Tuesday at Transcorp Hilton Hotel Abuja, is for the 36 governors to showcase priority projects, in addition to a ceremonial MoU signing to formalise partnerships and lay the building block for an NGF Fund.
A keynote from the CBN will provide sovereign backing, reinforcing the platform’s legitimacy. Foreign investors, ambassadors, and due diligence experts from Afreximbank, MOFI, UNDP Cavista and the Infrastructure Concession Regulatory Commission (ICRC) are expected to participate in the event, which will culminate in the distribution of the Investopedia to development finance institutions (DFIs), embassies, and private capital desks, investment and business multisectoral business communities.
Amidst persistent challenges such as low investors’ confidence and fragmented entry points, the initiative promises to transform how subnational projects attract funding, positioning Nigeria as a coordinated and credible destination for high-impact investments.
Nigeria, Africa’s most populous nation, has long grappled with barriers to investment at the state level. Frequent government transitions create uncertainty, poor project visibility, and weak preparation have deterred potential backers. Despite trillions in global pension funds, sovereign wealth, and development capital waiting to be deployed, the absence of a trusted mechanism has left many viable projects on the shelf because “Nigeria lacks a trusted, coordinated vehicle to absorb this capital.”
