Nasarawa Agency Secures $1bn Investment In 2025

Nasarawa State Investment and Development Agency (NASIDA) has secured domestic and foreign direct investments totalling $1,008,529,220 for the state from January to December 2025.

This is in addition to other investments sourced by ministries, departments and agencies (MDAs) within the period under review.

A report on NASIDA’s investment portfolio for the year, obtained by LEADERSHIP, showed that the amount was made up of $505.7 million actualised, representing 50.14% and $502.8 million announced, constituting 49.86%, respectively.

An announced investment is a public declaration or commitment, in the form of Memoranda of Understanding (MoUs) and Letters of Intent, by an investor, company, or institution to invest in the state, while actualised represents the implementation of business deals.

The report also showed that the announced investments of -$502.800 million cover the sectors such as mining, agriculture, energy and manufacturing, among others.

The amount planned for sectorial investments includes mining – $300 million; agriculture – $800 000; Energy – $70 million – 13.9%; manufacturing -$130 million; and others – $2 million respectively.

For the actualised investments, eight companies injected $505.7 million in some key areas of interest.

The breakdown includes mining – $400 million; agriculture – $48.8 million; manufacturing -$46 million; technology – $16.600; and education – $10.9 million, respectively.

The investments are spread across six local government areas: Kokona, Nasarawa, Akwanga, Keffi, Lafia, and Toto.

Kokona has the highest investment at $45.5 million, representing 8.9%, followed by Nasarawa- $400 M – 79%; Akwanga – $31 million 6.12%; Keffi- $25.9 million 5.2%; Lafia – $16.6K 0.08%; and Toto – $3.3 million 0.7%.

Among the companies, Euphoria Press Limited is engaged in agriculture and manufacturing and operates in the Kokona, Akwanga, and Keffi councils.

Other companies are Diamond New Energy Company LTD, Advent Integrated Service Limited, Saro Africa Agric – value chain, Sequoia Cassava Farms and China Witent Technology Company Ltd.

According to the report, the companies that have announced plans and are making efforts to deploy resources include Nichi Mine Limited, Nok Motors Limited (Electric), Caspian Pacific Africa Green Energy Limited, CMIG Drawin Nig. Ltd, EGTA Environmental Limited, Maiyamco Investment Nig Limited.

The document reveals that at least 22,645 persons will be productively engaged across the areas of interest. The breakdown of jobs to be created by the sectors indicates that agriculture will take 10,025; manufacturing, 6,600; education, 5,000; mining, 1,000 and technology, 20.