FULL LIST: 65 Nigerian projects seeking $78.5bn in investment

In a recent announcement, Nigerian President Bola Tinubu highlighted 65 projects across various sectors seeking a combined investment of $78.5 billion on the Federal Government’s Projects Nigeria portal. The oil, gas, and power sector leads with 25 projects totaling $36.4 billion, followed by transport and maritime with eight projects valued at $25 billion.

Agriculture and agro-processing, industry, manufacturing, and mining, and technology, health, and urban services each have multiple projects with varying capital requirements. Notable projects include the Ondo Modular Refinery ($15 billion) and Strategic Deep Sea Ports ($11.5 billion) in the oil, gas, and power sector; the One Million Hectare Tree Crops project ($6.14 billion) in agriculture and agro-processing; New Port City ($1.6 billion) in industry, manufacturing, and mining; and the PELIA Flare-Gas AI Data Centre ($355.6 million) in technology, health, and urban services.

The projects span six geopolitical zones in Nigeria and are supported by various financing structures and sponsors, including federal agencies, state governments, private-sector entities, and the Nigeria Sovereign Investment Authority.

Brief written by urgent.news from Punch Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.