Governors Launch NGF Investopedia to Address Nigeria’s $100bn Infrastructure Financing Gap

The Nigeria Governors’ Forum has unveiled Investopedia, a new platform to attract infrastructure investment.

The digital tool aims to close Nigeria’s $100 billion yearly financing gap across 36 states.

The Nigeria Governors’ Forum (NGF) has launched Investopedia, a digital platform designed to attract investment and address Nigeria’s $100 billion annual infrastructure financing gap. The platform was unveiled in Abuja on Tuesday and aims to provide a transparent and credible gateway for both domestic and international investors seeking opportunities across Nigeria’s 36 states.

NGF Chairman and Kwara State Governor Abdulrahman Abdulrazaq described the initiative as a strategic tool to mobilize capital for critical projects that can generate jobs, modernize infrastructure, and promote inclusive growth. “This is more than just a catalogue; it serves as a gateway to grasping the opportunities for investment in Nigeria,” Abdulrazaq remarked. “The key to unlocking Nigeria’s full potential is mobilizing both global and African capital to finance infrastructure that fosters growth and development.”

The platform functions as a one-stop shop, offering a pipeline of bankable opportunities and guidance for investors on how to navigate Nigeria’s investment landscape with confidence.

Investopedia is supported by Afreximbank, the United Nations Development Program (UNDP), and the Ministry of Finance Incorporated (MOFI). These partnerships are expected to enhance transparency and governance while ensuring adequate funding for sub-national projects.

Alongside the platform, the NGF also introduced the NGF Fund, a pooled investment vehicle created in collaboration with Cavista Holdings. This fund will act as a financing arm to transform listed opportunities into actual projects across Nigerian states. “The NGF Fund will anchor its credibility on the Nigeria Governors’ Forum and serve as a key driver for channeling catalytic capital into viable sub-national projects,” Abdulrazaq explained.

NGF Director-General Abdulateef Shittu described the launch as “a new dawn” for investment readiness at the state level, noting that foreign direct investment (FDI) into Nigeria has historically lagged behind the African average. “In 2023, Nigeria received only $1.87 billion in foreign direct investment (FDI).

By curating high-impact projects across all 36 states, this platform will present investors with credible and accessible opportunities,” Shittu added. He also mentioned that Investopedia would provide technical support, risk mitigation, and capacity-building, creating a holistic ecosystem for sustainable growth.

Beyond attracting capital, the NGF believes the platform will enhance infrastructure, create jobs, and stimulate inclusive economic growth throughout Nigeria. “This initiative is about more than just funding; it’s about building robust partnerships that bring expertise, confidence, and long-term prosperity,” Shittu concluded. With Investopedia and the NGF Fund now established, governors are optimistic that increased investor participation will drive Nigeria’s next phase of infrastructure transformation.