Federal Republic of NigeriaTwo strategic engagements · Bangkok 2026
Nigeria · Bangkok 2026

Where opportunity
meets scale.

Nigeria will convene investors, public institutions and project sponsors through two strategic Bangkok engagements focused on mobilising private capital and advancing investment opportunities across priority sectors.

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Explore investment opportunities →Event registration
Bangkok engagements

Event programme

13 October 2026 · 4:00 PMMobilizing Private Capital Leveraging Food Security and Infrastructure Development
14 October 2026 · 1:00 PMNigeria Investors Forum
65Investable transactions in the Bangkok briefing book
US$78.55bnTotal capital requirement across the transaction portfolio
5Core sectors represented across the portfolio
9Project sponsors represented across the portfolio
Where we are now

H1 2026 Performance Shows Stabilisation Is Taking Hold

Macro fundamentals have strengthened markedly relative to a year ago, led by stronger growth, disinflation, reserve accumulation and currency stability.

4.43%

Real GDP Growth

Q2 2026 y/y
Up from 4.23% in Q2 2025; 1.7% growth in dollar terms from H1 2025 to H1 2026.

15.39%

Headline Inflation

August 2026
Down from 23.14% a year ago.

19.57%

Food Inflation

August 2026 y/y
Down from 23.30% a year ago.

50%+ increase

FAAC Revenue (Net)

₦15.2T in 2024 to ₦21.9T in 2025 (+44%); net FAAC around ₦3T per month by July 2026.

$54.7bn

External Reserves

18 September 2026
Highest since January 2009, with 12+ months of import cover.

₦1,337.00/$

FX Rate (NFEM)

Appreciated by more than 12% in H1 2026; premium below 5%.

97% increase

Trade Surplus

₦10.2T in H1 2025 to ₦20.1T in H1 2026.

₦166.7trn

Total Public Debt

Q2 2026 debt/GDP at 35.5%; debt/revenue approximately 65% in H1 2026.

Investment opportunities

Explore Nigeria's
Deal Room portfolio.

The September 2026 Project Nigeria Investor Briefing Book presents twenty-three transactions across transport, energy and gas, agriculture, industry, housing and urban services.

PDF
Investor briefing book · September 2026

Project Nigeria — Bangkok 2026

Full transaction profiles, structures, bankability assessments, financing requests, implementation milestones and boardroom asks, together with the subnational project pipeline.

65 transactionsUS$42.7bn capital requirement9 sponsors
Download Investor Briefing Book
65 transactions
01
Power & EnergyNot stated

Project Reliaxx: Secure Crude Evacuation and Midstream Platform

SponsorMOFI with Reliaxx Energy Infrastructure
Capital requirementUSD 1,700,000,000
02
Transportation & InfrastructureNot stated

Lagos Greenline Railway

SponsorMOFI with LAMATA
Capital requirementUSD 1,290,000,000
03
Agriculture & Agro-AlliedNot stated

Integrainium Giri Agro-Processing and Cold-Chain Export Hub

SponsorMOFI with Integrainium Processing
Capital requirementUSD 105,000,000
04
Agriculture & Agro-AlliedNot stated

Promakar Sorghum Flour and Semolina Expansion

SponsorPromakar Flour Mills Nigeria
Capital requirementUSD 7,500,000
05
Industry & ManufacturingNot stated

Multipurpose Industrial Platforms Limited: Ammonia and Phosphate Fertiliser

SponsorNSIA and OCP Africa
Capital requirementUSD 2,690,000,000
06
Industry & ManufacturingUnder review

Harmony Glass Float Glass Manufacturing Plant

SponsorHarmony Glass with Faber Capital
Capital requirementUSD 240,600,000
07
Healthcare & PharmaceuticalsUnder review

NSIA Pharmaceutical Excipients Manufacturing Project

SponsorNigeria Sovereign Investment Authority
Capital requirementUSD 70,000,000
08
Power & EnergyNot stated

PELIA Flare-Gas AI Data Centre

SponsorFidelity Bank Plc / PELIA Energy SPV
Capital requirementUSD 355,600,000
09
Industry & ManufacturingNot stated

PSML Integrated Steel Upgrade

SponsorPremium Steel and Mines
Capital requirementUSD 1,255,000,000
10
Power & EnergyNot stated

IESL LNG Project

SponsorInternational Energy Services Limited
Capital requirementUSD 3,000,000,000
11
Power & EnergyNot stated

Trunk A Natural Gas Pipeline Network (100 km)

SponsorBank of Industry (Fradro Gas and Power)
Capital requirementUSD 224,100,000
12
Power & EnergyNot stated

200 MW Gas-Fired Combined Cycle Power Plant (Lagos CLEM)

SponsorBank of Industry (First Metro Infrastructure)
Capital requirementUSD 218,800,000
13
Transportation & InfrastructureNot stated

Rolling Stock for Rail Cargo Operations, Lagos–Kano

SponsorBank of Industry (Traxport Rail Services)
Capital requirementUSD 155,500,000
14
Power & EnergyNot stated

Valiant Energy 500 TPD LNG Production Plant

SponsorBureau of Finance (ASB Valiant)
Capital requirementUSD 85,100,000
15
Industry & ManufacturingNot stated

Solarge 1 GW Half-Cell Solar Module Manufacturing Plant

SponsorBureau of Finance (Solarge)
Capital requirementUSD 54,600,000
16
Power & EnergyNot stated

National Leak Detection and Quantification Service

SponsorNUPRC
Capital requirementUSD 40,000,000
17
Power & EnergyNot stated

Renewable Power for Upstream Oil and Gas Facilities

SponsorNUPRC with a power developer
Capital requirementUSD 30,000,000
18
Power & EnergyNot stated

Crude Oil Fingerprinting Centre

SponsorNUPRC with a laboratory operator
Capital requirementUSD 20,000,000
19
Housing & Urban ServicesNot stated

Lagos Solid Waste Solution and Management Concession

SponsorAccess Bank (Zoomlion Nigeria)
Capital requirementUSD 82,800,000
20
Housing & Urban ServicesNot stated

Access Bank Affordable Housing Development Programme

SponsorAccess Bank with housing developers
Capital requirementUSD 74,600,000
21
Agriculture & Agro-AlliedNot stated

Nigeria NPK and Urea Import Substitution Master Plan

SponsorBank of Agriculture with NNPC, OCP and SNPT
Capital requirementUSD 4,690,000,000
22
Agriculture & Agro-AlliedNot stated

National Renewed Hope One Million Hectare Tree Crop Programme

SponsorBank of Agriculture with UNDP
Capital requirementUSD 6,140,000,000
23
Agriculture & Agro-AlliedNot stated

Deploying Electric Power in Agriculture (DEPA) Programme

SponsorBank of Agriculture
Capital requirementUSD 480,000,000
24
Marine & Blue Economy / Port InfrastructureConcept

Integrated Fisheries Production, Processing and Seafood Terminal Project (Fish City)

SponsorFederal Ministry of Marine and Blue Economy
Capital requirementUSD 3,000,000,000
25
Marine & Blue Economy / Port InfrastructureNot stated

Strategic Deep Sea Port Development Programme

SponsorFederal Ministry of Marine and Blue Economy
Capital requirementUSD 11,500,000,000
26
Marine & Blue Economy / Port InfrastructurePre-feasibility

National Inland Waterways Integrated Development Project

SponsorFederal Ministry of Marine and Blue Economy
Capital requirementUSD 10,000,000,000
27
Power & EnergyNot stated

MMELT Diebu Creek Gas Project

SponsorNMDPRA (MMELT Energies)
Capital requirementUSD 271,400,000
28
Power & EnergyNot stated

Global Gas Cawthorne Channel Plant

SponsorNMDPRA (Global Gas and Refining)
Capital requirementUSD 300,000,000
29
Power & EnergyNot stated

Ace 3 MTPA Floating LNG

SponsorNMDPRA (Ace Gas and FLNG)
Capital requirementUSD 5,500,000,000
30
Power & EnergyNot stated

LNG Arete Mini-LNG, Ajaokuta

SponsorMDGIF (LNG Arete with P-CNGi)
Capital requirementUSD 27,300,000
31
Power & EnergyNot stated

VTT LNG, Edo State

SponsorMDGIF (VTT LNG West Africa)
Capital requirementUSD 60,100,000
32
Power & EnergyUnder review

Amari CNG Stations, Aba

SponsorAmari Energy Resources / MDGIF
Capital requirementUSD 19,800,000
33
Industry & ManufacturingResuscitation

Aba Metallurgical Complex

SponsorAbia State Government
Capital requirementUSD 23,000,000
34
Industry & ManufacturingInitiation

Adamawa Free Trade Zone

SponsorAdamawa Ministry of Commerce and Industry
Capital requirementUSD 6,500,000
35
Power & EnergyOperating

Ibom Power Company

SponsorAkwa Ibom State Government (AKICORP)
Capital requirementUSD 71,000,000
36
Transportation & InfrastructurePlanning

Anambra Intra-City Rail

SponsorAnambra Ministry of Transport and ANSIPPA
Capital requirementUSD 1,400,000,000
37
Power & EnergyImplementation

Elebele Power Plant

SponsorBayelsa Electricity Company Ltd
Capital requirementUSD 58,000,000
38
Industry & ManufacturingGreenfield

Mbatiav Cement Factory

SponsorBenue Ministry of Industry, Trade and Investment
Capital requirementUSD 450,700,000
39
Industry & ManufacturingImplementation

Njimtilo Industrial Estate

SponsorBorno State Government
Capital requirementUSD 11,100,000
40
Transportation & InfrastructureInitiation

Calabar–Obudu Railway

SponsorCross River State Government
Capital requirementUSD 300,000,000
41
Power & EnergyImplementation

UTM Floating LNG

SponsorUTM FLNG Ltd with Delta State (DIDA)
Capital requirementUSD 1,500,000,000
42
Power & EnergyPlanning

Ebonyi 100 MW Gas Power Plant

SponsorEbonyi Ministry of Power
Capital requirementUSD 153,000,000
43
Power & EnergyPlanning

Edo Condensate Refinery

SponsorNNPC with Edo State
Capital requirementUSD 345,000,000
44
Technology & Digital EconomyPlanning

Ekiti Knowledge Zone

SponsorEkiti State Government with AfDB
Capital requirementUSD 80,000,000
45
Transportation & InfrastructureInitiation

Enugu Light Rail

SponsorEnugu Ministry of Transport
Capital requirementUSD 350,000,000
46
Industry & ManufacturingOperational

Gombe Industrial Park

SponsorGombe State Government
Capital requirementUSD 131,000,000
47
Power & EnergyPlanning

Imo CNG Virtual Pipeline

SponsorImo Ministry of Petroleum
Capital requirementUSD 50,000,000
48
Industry & ManufacturingImplementation

Gagarawa Industrial Park

SponsorJigawa Ministry of Commerce, Industry, Mines and Agriculture
Capital requirementUSD 6,500,000
49
Agriculture & Agro-AlliedImplementation

Kaduna Green Economic and Agro-Industrial Zone

SponsorKADIPA and Kaduna Ministry of Agriculture
Capital requirementUSD 80,000,000
50
Industry & ManufacturingPlanning

China Africa Industrial Economic City

SponsorChina Africa with Kano State
Capital requirementUSD 250,000,000
51
Industry & ManufacturingImplementation

Katsina Green Economic Zone

SponsorKIPA, Katsina State and private partners
Capital requirementUSD 1,000,000,000
52
Industry & ManufacturingInitiation

Kebbi Free Trade Zone

SponsorKebbi Ministry of Commerce and Industry
Capital requirementUSD 2,600,000
53
Industry & ManufacturingPlanning

Ajaokuta Special Economic Zone

SponsorKogi Ministry of Finance with NEPZA
Capital requirementUSD 500,000,000
54
Technology & Digital EconomyPlanning

Kwara Innovation Hub

SponsorKwara Ministry of Business and Innovation
Capital requirementUSD 3,900,000
55
Healthcare & PharmaceuticalsImplementation

Lagos Smart Health Information Platform

SponsorLagos Ministry of Health
Capital requirementUSD 2,800,000
56
Technology & Digital EconomyPlanning

Nasarawa Technology Hub

SponsorNasarawa State Government
Capital requirementUSD 5,000,000
57
Transportation & InfrastructureInitiation

Ogun Rail Extension

SponsorOgun Ministry of Transport
Capital requirementUSD 50,000,000
58
Power & EnergyImplementation

Ondo Modular Refinery

SponsorBackbone with ONDIPA
Capital requirementUSD 15,000,000,000
59
Power & EnergyPlanning

Oyo Gas Distribution Network

SponsorShell Nigeria Gas with Oyo State
Capital requirementUSD 100,000,000
60
Power & EnergyInitiation

Quaint Power and Infrastructure

SponsorPlateau Ministry of Water Resources and Energy
Capital requirementUSD 300,000,000
61
Housing & Urban ServicesPlanning

New Port City

SponsorGPCDA with Rainbow Heritage Group
Capital requirementUSD 1,600,000,000
62
Power & EnergyOperating

Sokoto 33 kV Feeder Rehabilitation

SponsorSokoto State Government
Capital requirementUSD 1,000,000
63
Power & EnergyIn progress

Taraba Hydropower Project

SponsorCCECC with Taraba State
Capital requirementUSD 5,000,000
64
Industry & ManufacturingInitiation

Yobe Cement Company

SponsorYobe Ministry of Commerce, Industry, Tourism and Solid Minerals
Capital requirementUSD 3,300,000
65
Mining & Solid MineralsPlanning

Zamfara Solid Minerals Pre-Export Finance

SponsorZamfara State Government
Capital requirementUSD 1,000,000,000
Portfolio sectors

Capital opportunities
across five core sectors.

The Deal Room portfolio is organised around five sectors, with transaction-level capital requirements and financing asks detailed in the Investor Briefing Book.

Featured sector

Transport & Logistics

Rail, freight, inland waterways and deep-sea ports connecting Nigeria's trade and industrial corridors.

01
Transport & Logistics

Rail, freight, inland waterways and deep-sea ports connecting Nigeria's trade and industrial corridors.

02
Energy, Gas & Midstream

Gas infrastructure, power generation, LNG, crude evacuation, renewable power and regulatory infrastructure.

03
Agriculture & Agro-Industry

Agro-processing, cold chain, tree crops, fertiliser, agricultural power and fisheries.

04
Industry & Manufacturing

Fertiliser platforms, float glass, solar manufacturing and pharmaceutical excipients.

05
Housing & Urban Services

Affordable housing and urban waste infrastructure with structured investment pathways.

Investor guidance · 2026

Investing in Nigeria: frequently asked questions.

Quick answers on investment structures, registration, incentives and investor protections.

1. Key regulatory bodies

What does the Nigerian Investment Promotion Commission (NIPC) do?
NIPC promotes and facilitates investment in Nigeria. The supplied guide says companies with foreign equity should register with NIPC and can use its One-Stop Investment Centre (OSIC) to coordinate with relevant agencies.
What does the Federal Ministry of Finance do for investors?
The guide identifies fiscal policy, import-duty waiver approvals and the Economic Development Tax Incentive framework among the Ministry's investment-related responsibilities.
What is a Certificate of Capital Importation (CCI)?
A CCI is issued by a CBN-authorised bank when foreign capital is brought into Nigeria. The guide describes it as key documentation for later repatriation of capital and returns.

2. Types of investments

How can I invest in Nigerian listed shares?
The guide advises opening an account with an SEC-licensed stockbroker, obtaining a CSCS account number and purchasing shares listed on the Nigerian Exchange (NGX).
What government securities are available?
Options listed in the guide include Treasury Bills, FGN Bonds, FGN Savings Bonds, Green Bonds and Sukuk. Confirm current terms and availability with the Debt Management Office or an authorised intermediary.
Can I invest through mutual funds or ETFs?
Yes. The guide describes SEC-licensed pooled funds across money-market, equity, bond, balanced and Shariah-compliant strategies, and ETFs traded on the NGX.
What sustainable and non-interest investment options are available?
The guide lists Green Bonds, sustainability-focused funds, Sukuk and other Shariah-compliant products. Check product documentation and regulatory status before investing.

3. Domestic investor requirements

What identification may I need to invest?
The guide lists BVN, NIN and a government-issued photo ID, with KYC checks required by financial institutions and investment platforms.
Do I need to incorporate a company to invest?
Not for every investment. The guide says a corporate investor generally needs CAC incorporation, a tax identification number, a corporate bank account and any licences applicable to its sector.
Do I need a stockbroker to buy NGX shares?
The guide says retail investors trade through an SEC-licensed stockbroker, who can arrange a CSCS account for electronic share custody. Funds and ETFs may offer an indirect route to market exposure.

4. Foreign direct investment

Can a foreign investor own 100% of a Nigerian company?
The guide says full foreign ownership is permitted in most sectors, subject to restrictions and local-content or licensing rules in certain activities. Obtain advice for the specific sector before investing.
What is the usual NIPC registration process?
The guide outlines incorporating with CAC, submitting the NIPC application and supporting company and shareholder documents, paying the applicable fee and receiving the registration certificate. Confirm current requirements and fees directly with NIPC.
What is the NIPC One-Stop Investment Centre (OSIC)?
OSIC coordinates investor-facing services across NIPC and participating agencies. Visit the NIPC OSIC service page for current services and application information.
What documents may be required for NIPC registration?
The supplied guide lists the CAC incorporation certificate, constitutional documents, share-capital and director/shareholder particulars, valid IDs, proof of address and payment evidence. Check NIPC's current checklist before submitting.
How can a foreign investor repatriate capital or profits?
The guide highlights tax compliance and retaining the relevant CCI documentation. Repatriation rules can depend on the transaction and current foreign-exchange regulations, so confirm the process with your authorised bank and professional advisers.

5. Taxation and repatriation

What taxes may apply to investment income?
The guide discusses company income tax, VAT, withholding tax and capital gains tax. Applicable rates and exemptions depend on the investor, instrument and current law; confirm with the Nigeria Revenue Service or a qualified tax adviser.
Can tax treaties reduce withholding tax?
A relevant double-taxation treaty may change the tax treatment of certain payments. The guide recommends obtaining a tax residency certificate and confirming eligibility and process before payment.
What should I do when foreign capital enters Nigeria?
The guide advises arranging for a CCI through a CBN-authorised bank at the time the capital is imported and retaining the documentation. Confirm the current process with your bank.

6. Investor protections

What protections are available to investors?
The guide refers to protections under Nigerian law, applicable bilateral investment treaties and international arbitration frameworks. Rights depend on the facts and applicable instruments; seek qualified legal advice.
How can investment disputes be resolved?
Possible routes described in the guide include Nigerian courts, specialist tribunals and arbitration. The appropriate forum depends on the dispute, contract and applicable law.

7. Priority investment sectors

Which sectors does the guide identify as priority areas?
Agriculture and agro-processing, energy and natural resources, infrastructure and transportation, technology and digital services, and manufacturing are highlighted as investment areas.
What kinds of opportunities are highlighted?
Examples in the guide include agro-processing, renewable energy, oil and gas, rail and ports, digital businesses, healthcare, and locally oriented manufacturing. Review current project and licensing information for each sector.

8. Government incentives

What is the Economic Development Tax Incentive (EDTI)?
The guide describes EDTI as a performance- and qualifying-capital-expenditure-linked tax incentive introduced in 2026. Eligibility, application steps and treatment should be confirmed with NIPC and the Nigeria Revenue Service.
What benefits may Free Trade Zones offer?
The guide lists potential customs and tax benefits for qualifying Free Trade Zone businesses, subject to the zone's rules, regulator and applicable domestic-market requirements.
Are import-duty waivers available?
The guide says waivers may be considered for eligible equipment and project categories. They are not automatic; confirm the current application route and requirements with the relevant authorities.
Can different incentives be combined?
Some incentives may be combined, while others have conditions or exclusions. Confirm eligibility and interactions with NIPC, the Nigeria Revenue Service and a qualified tax adviser before structuring an investment.

9. Expatriate and immigration

What approvals may foreign employees need?
The guide identifies Expatriate Quota approval and a CERPAC permit as relevant for foreign nationals working in Nigeria. Confirm current requirements with NIPC OSIC and the Nigeria Immigration Service.
Do passive foreign investors need a work permit?
The guide distinguishes passive shareholders from foreign nationals who live and work in Nigeria. Immigration requirements depend on an individual's activities and status, so confirm with the Nigeria Immigration Service.

10. Quick reference

What should a domestic investor check before investing?
The guide's checklist includes completing identity and KYC requirements, obtaining a TIN, opening the relevant bank or brokerage accounts, checking sector-specific licences and meeting tax-filing obligations.
What should a foreign investor check before investing?
The guide's checklist includes incorporation and NIPC registration where applicable, sector licences, capital-importation documentation, tax registration and any immigration approvals required for staff.

11. Useful contacts

Where can I find official investor services?
Use the official NIPC OSIC service page for investment facilitation. The guide also directs investors to CAC for incorporation, the Nigeria Revenue Service for tax matters, SEC for capital markets and DMO for government securities.
How can I verify current fees, rates and requirements?
Check directly with the relevant Nigerian regulator or government agency and consult qualified legal, tax or investment professionals. Requirements and official guidance can change.
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