Nasarawa Secures Over $1bn Investments In 2025
The Nasarawa State Government has recorded significant investment inflows in 2025, with funds expected to create 22,645 jobs across key sectors.
According to a report by Nasarawa Investment and Development Agency obtained by journalists in Lafia on Monday, the state government secured a total of $1,008,529,220 in domestic and foreign direct investments between January and December 2025.
The Nasarawa agency stated, “The total investment figure is separate from other investments attracted within the same period by various Ministries, Departments, and Agencies of the state government.”
The report indicates that the total comprises $505.7 million in actualised investments, representing 50.14%, and $502.8 million in announced investments, accounting for 49.86%.
According to the document, “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 represent deals that have progressed to the implementation stage.”
On the sectoral breakdown, the report notes, “Announced investments totalling $502.8 million span key sectors, including mining, agriculture, energy, manufacturing, and others. Specifically, Mining – $300 million; Agriculture – $800,000; Energy – $70 million (13.9%); Manufacturing – $130 million; Others – $2 million.”
Regarding actualised investments, the report states, “Eight companies injected a combined $505.7 million into priority sectors of the state’s economy. The breakdown is as follows: Mining – $400 million; Agriculture – $48.8 million; Manufacturing – $46 million; Technology – $16.6 million; Education – $10.9 million.”
On geographic distribution, the report says, “These investments are distributed across six Local Government Areas: Kokona – $45.5 million (8.9%), Nasarawa – $400 million (79%), Akwanga – $31 million (6.12%), Keffi – $25.9 million (5.2%), Lafia – $16.6 million (0.08%), and Toto – $3.3 million (0.7%).”
The report further highlights key investors, stating, “Among the investing companies is Euphoria Press Limited, operating in agriculture and manufacturing across 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.”
It also identifies companies actively working towards deployment, saying, “Companies that have announced investment plans and are actively working towards 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.”
On employment impact, the report confirms, “A total of 22,645 jobs are projected to be created across the various sectors. Agriculture – 10,025 jobs; Manufacturing – 6,600; Education – 5,000; Mining – 1,000; Technology – 20.”
Recall that the state governor, Abdullahi Sule, on February 20 reaffirmed his administration’s commitment to continue to foster an enabling environment for businesses to thrive, to ensure success for business owners and to boost the economy of the state.
Sule made the recommitment during the official opening of a new branch of Globus Bank in Lafia, the Nasarawa State capital, while describing the investment by the bank as a significant boost to the state’s financial landscape.
He noted that strategic partnerships with private institutions remain key to accelerating economic growth and development.
