Report: Nasarawa secures $1.008bin domestic, foreign investments

Nasarawa State has secured domestic and foreign direct investments totaling $1,008,529,220 between January and December 2025.

This figure is separate from other investments attracted within the same period by various Ministries, Departments, and Agencies of the state government.

A report sited by our correspondent detailing the Nasarawa Investment and Development Agency’s 2025 investment portfolio, indicates that, the total amount comprises $505.7 million actualised investments, representing 50.14%, and $502.8 million announced investments, accounting for 49.86%.

Our correspondent gathered that, the announced investments refer to public declarations or formal commitments such as Memorandums of Understanding (MoUs) and Letters of Intent made by investors, companies, or institutions expressing their intention to invest in the state. Actualised investments, on the other hand, represent deals that have progressed to the implementation stage.

The report shows that the announced investments totaling $502.8 million span key sectors including mining, agriculture, energy, manufacturing, among others.

The sectoral breakdown of announced investments includes: Mining – $300 million; Agriculture – $800,000; Energy – $70 million (13.9%); Manufacturing – $130 million; and Others – $2 million, respectively.

For actualised investments, eight companies injected a combined $505.7 million into priority sectors of the state’s economy.

The breakdown of actualised investments shows: Mining – $400 million; Agriculture – $48.8 million; Manufacturing – $46 million; Technology – $16.6 million; and Education – $10.9 million, respectively.

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

Kokona recorded investments worth $45.5 million (8.9%), followed by Nasarawa with $400 million (79%); Akwanga with $31 million (6.12%); Keffi with $25.9 million (5.2%); Lafia with $16.6 million (0.08%); and Toto with $3.3 million (0.7%).

Among the investing companies is Euphoria Press Limited, which operates in agriculture and manufacturing across three local government areas Kokona, Akwanga, and Keffi.

Other companies include Diamond New Energy Company LTD; Advent Integrated Service Limited; Saro Africa Agric Value Chain; Sequoia Cassava Farms; and China Witent Technology Co Ltd.

According to the report, 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.

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The document further reveals that a total of 22,645 jobs are projected to be created across the various sectors.

A breakdown of the projected employment figures shows that Agriculture will generate 10,025 jobs; Manufacturing – 6,600; Education – 5,000; Mining – 1,000; and Technology – 20, respectively.