Full List: 65 Nigerian Projects Seeking $78.5 Billion
Nigeria’s investment portfolio comprises 65 proposed projects across five sector groups, with a stated capital requirement of approximately $78.5 billion and an estimated employment potential of 366,763 jobs.
The following breakdown presents the project names, locations, geopolitical zones and funding requirements reported by The Bureau Journal from the Federal Ministry of Finance’s Projects Nigeria platform.
Note: All amounts are in United States dollars. Funding requirements represent investment being sought, not money already secured. Geopolitical zones below are assigned from the stated locations.
Oil, Gas and Power: Projects 1–25
| No. | Project | Location | Geopolitical zone | Funding sought |
|---|---|---|---|---|
| 1 | Ondo Modular Refinery | Ilaje, Ondo | South-West | $15 billion |
| 2 | Ace 3 MTPA Floating LNG | Escravos, Delta | South-South | $5.50 billion |
| 3 | NPK and Urea Import Substitution | Ondo, Akwa Ibom and Bayelsa | South-West and South-South | $4.69 billion |
| 4 | IESL LNG Project | Akwa Ibom | South-South | $3 billion |
| 5 | MIPL Ammonia and Phosphate Project | Ikot Abasi, Akwa Ibom | South-South | $2.69 billion |
| 6 | Project Reliaxx: Crude Evacuation and Midstream Infrastructure | Rivers and Delta | South-South | $1.70 billion |
| 7 | UTM Floating LNG | Warri South, Delta | South-South | $1.50 billion |
| 8 | Edo Condensate Refinery | Ikpoba-Okha, Edo | South-South | $345 million |
| 9 | Global Gas Cawthorne Channel Plant | Rivers | South-South | $300 million |
| 10 | Quaint Power and Infrastructure | Plateau | North-Central | $300 million |
| 11 | MMELT Diebu Creek Gas Project | Bayelsa | South-South | $271.4 million |
| 12 | Fradro Trunk A Gas Pipeline | Edo, Delta, Anambra and Enugu | South-South and South-East | $224.1 million |
| 13 | First Metro 200 MW Power Plant | Lagos | South-West | $218.8 million |
| 14 | Ebonyi 100 MW Gas Power Plant | Oferekpe, Ikwo, Ebonyi | South-East | $153 million |
| 15 | Oyo Gas Distribution Network | Oyo | South-West | $100 million |
| 16 | Valiant 500 TPD LNG Plant | Ore, Ondo | South-West | $85.1 million |
| 17 | Ibom Power Company | Ikot Abasi, Akwa Ibom | South-South | $71 million |
| 18 | VTT LNG | Gelegele Gbene, Edo | South-South | $60.1 million |
| 19 | Elebele Power Plant | Ogbia, Bayelsa | South-South | $58 million |
| 20 | Imo CNG Virtual Pipeline | Ngor-Okpala, Imo | South-East | $50 million |
| 21 | NUPRC Upstream Renewable Power | Rivers, Bayelsa, Delta and Akwa Ibom | South-South | $30 million |
| 22 | LNG Arete Mini-LNG | Ajaokuta, Kogi | North-Central | $27.3 million |
| 23 | Amari CNG Stations | Aba, Abia | South-East | $19.8 million |
| 24 | Taraba Hydropower Project | Taraba | North-East | $5 million |
| 25 | Sokoto 33 kV Feeder Rehabilitation | Sokoto | North-West | $1 million |
Transport and Maritime: Projects 26–33
| No. | Project | Location or coverage | Geopolitical zone | Funding sought |
|---|---|---|---|---|
| 26 | Strategic Deep Sea Ports | Badagry, Ibom, Ondo, Agge and Bakassi | South-West and South-South | $11.50 billion |
| 27 | National Inland Waterways | National programme; individual locations not specified | Not assigned | $10 billion |
| 28 | Lagos Greenline Railway | Lagos | South-West | $1.29 billion |
| 29 | Anambra Intra-City Rail | Anambra | South-East | $1.40 billion |
| 30 | Traxport Lagos–Kano Rail Cargo | Lagos–Kano corridor | Cross-regional; complete route not specified | $155.5 million |
| 31 | Calabar–Obudu Railway | Cross River | South-South | $300 million |
| 32 | Enugu Light Rail | Enugu | South-East | $350 million |
| 33 | Ogun Rail Extension | Ogun | South-West | $50 million |
Industry, Manufacturing and Mining: Projects 34–50
| No. | Project | Location | Geopolitical zone | Funding sought |
|---|---|---|---|---|
| 34 | New Port City | Eleme, Rivers | South-South | $1.60 billion |
| 35 | Katsina Green Economic Zone | Katsina | North-West | $1 billion |
| 36 | Zamfara Solid Minerals Pre-Export Finance | Zamfara | North-West | $1 billion |
| 37 | PSML Integrated Steel Upgrade | Delta | South-South | $1.255 billion |
| 38 | Harmony Glass | Ondo | South-West | $240.6 million |
| 39 | Solarge 1 GW Solar Module Plant | Calabar, Cross River | South-South | $54.6 million |
| 40 | Mbatiav Cement Factory | Benue | North-Central | $450.7 million |
| 41 | Aba Metallurgical Complex | Aba, Abia | South-East | $23 million |
| 42 | Adamawa Free Trade Zone | Adamawa | North-East | $6.5 million |
| 43 | Njimtilo Industrial Estate | Borno | North-East | $11.1 million |
| 44 | Gombe Industrial Park | Gombe | North-East | $131 million |
| 45 | Gagarawa Industrial Park | Jigawa | North-West | $6.5 million |
| 46 | China Africa Industrial Economic City | Kano | North-West | $250 million |
| 47 | Kebbi Free Trade Zone | Kebbi | North-West | $2.6 million |
| 48 | Ajaokuta Special Economic Zone | Ajaokuta, Kogi | North-Central | $500 million |
| 49 | Yobe Cement Company | Yobe | North-East | $3.3 million |
| 50 | Pharmaceuticals Excipients | Not specified in the published list | Not assigned | $70 million |
Agriculture and Agro-Processing: Projects 51–56
| No. | Project | Location or coverage | Geopolitical zone | Funding sought |
|---|---|---|---|---|
| 51 | One Million Hectare Tree Crops | Nationwide | Nationwide | $6.14 billion |
| 52 | Fish City Seafood Export Hub | Not specified in the published list | Not assigned | $3 billion |
| 53 | DEPA Programme | 21 states; individual states not listed | Multi-state; zones unspecified | $480 million |
| 54 | Giri Agro-Processing Hub | Giri, Federal Capital Territory | North-Central | $105 million |
| 55 | Promakar Sorghum Expansion | Ogun | South-West | $7.5 million |
| 56 | Kaduna Green Economic and Agro-Industrial Zone | Kaduna | North-West | $80 million |
Technology, Health and Urban Services: Projects 57–65
| No. | Project | Location | Geopolitical zone | Funding sought |
|---|---|---|---|---|
| 57 | PELIA Flare-Gas AI Data Centre | Delta | South-South | $355.6 million |
| 58 | Lagos Solid Waste Concession | Lagos | South-West | $82.8 million |
| 59 | Access Bank Affordable Housing | Not specified in the published list | Not assigned | $74.6 million |
| 60 | NUPRC Leak Detection Service | Not specified in the published list | Not assigned | $40 million |
| 61 | Ekiti Knowledge Zone | Ekiti | South-West | $80 million |
| 62 | Kwara Innovation Hub | Kwara | North-Central | $3.9 million |
| 63 | Lagos Smart Health Information Platform | Lagos | South-West | $2.8 million |
| 64 | Nasarawa Technology Hub | Nasarawa | North-Central | $5 million |
| 65 | NUPRC Crude Fingerprinting Centre | Not specified in the published list | Not assigned | $20 million |
What the Portfolio Means for Kogi
Two projects are specifically located in Kogi State: the $500 million Ajaokuta Special Economic Zone and the $27.3 million LNG Arete Mini-LNG project. Together, they require $527.3 million.
These proposals cover industrial infrastructure and gas processing. They sit alongside other investment efforts in the state, including the proposed cashew processing plant and Kogi’s development partnership discussions.
Financing and Project Information
The portfolio includes different proposed financing arrangements, such as public-private partnerships, equity, debt, project finance and climate finance. These structures vary by project.
Investors can consult the Federal Ministry of Finance’s Projects Nigeria platform for available sponsor information, transaction structures, estimated employment and investment assessment metrics.
The published breakdown does not provide individual job estimates, construction schedules, funding secured or completion dates for every project. The ministry also states that listing a project does not guarantee financing, investment returns or transaction completion.
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