36 Governors Launch Investopedia to Turn Nigeria into Global Investment Magnet

RYNI News | Blessing Isiuwa
20 August 2025

In a bold move to attract global capital and accelerate economic transformation, the Nigeria Governors’ Forum (NGF) has unveiled Investopedia, a groundbreaking platform aimed at connecting investors with viable projects across all 36 states of the Federation. The launch, which took place in Abuja on Tuesday, positions the initiative as a central hub for investment opportunities, with the goal of driving job creation, infrastructure development, and inclusive growth.

Speaking at the event, NGF Chairman and Kwara State Governor, AbdulRahman AbdulRazaq, stressed the urgent need for Nigeria to tap into both global and African financial markets. Represented by Nasarawa State Governor Abdullahi Sule, AbdulRazaq noted that foreign direct investment into Nigeria has averaged a mere $2 billion annually over the last decade—less than 0.5 percent of GDP—primarily concentrated in oil, telecommunications, real estate, and agriculture.

“Despite these inflows, Nigeria faces an infrastructure financing gap estimated at $100 billion each year, a burden largely shouldered by states,” AbdulRazaq said. “Public sector projects alone cannot bridge this gap. Investopedia is designed to unlock global and African capital flows, generate employment, modernize infrastructure, and promote sustainable, inclusive growth.”

Investopedia, produced in both print and digital formats, will be showcased at major global events, including the Intra-African Trade Fair, UN General Assembly, and Africa Investment Forum. The biennial publication highlights bankable projects, provides market insights, and details incentives across sectors, creating a transparent and curated pipeline for potential investors.

NGF Director General, Abdulateef Shittu, described the initiative as a “new dawn in Nigeria’s investment readiness at the subnational level.” He explained that fragmented entry points and financing constraints have historically hindered large-scale investment. “Investopedia solves this problem by offering a one-stop shop for investors to engage with credible opportunities across all states, backed by strong governance, institutional oversight, and global visibility,” he said.

The platform is complemented by the NGF Fund, a pooled investment vehicle designed to channel catalytic capital into subnational projects, ensuring that highlighted opportunities translate into real-world development. Sectors such as agro-processing, renewable energy, ICT infrastructure, and finance are prioritized, promising benefits that extend beyond financial returns to improved livelihoods and sustainable development.

AbdulRazaq concluded with a direct appeal to global investors: “Nigeria’s states are open, credible, and investment-ready. With Investopedia and the NGF Fund, we are sending a clear signal: the opportunities are vast, the commitment is firm, and the time to invest is now.”

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