Nasarawa attracts $1bn investments in 2025 – Report Investment
The Nasarawa State Government attracted domestic and foreign direct investments worth $1.008 billion dollars between January and December 2025, according to an official report.
The report by the Nasarawa Investment and Development Agency (NASIDA) was made available to newsmen on Monday in Lafia.
It indicated that the figure comprised 505.7 million dollars in actualised investments and 502.8 million dollars in announced commitments.
The report explained that actualised investments represent projects that have reached implementation stage, while announced investments refer to formal commitments such as Memorandums of Understanding and Letters of Intent signifying investors’ plans to invest.
According to the document, announced investments totalling 502.8 million dollars were spread across key sectors, including mining, agriculture, energy and manufacturing.
A sectoral breakdown showed that mining accounted for 300 million dollars; manufacturing, 130 million dollars; energy, 70 million dollars; agriculture, 800,000 dollars; while other sectors attracted two million dollars.
The report further stated that eight firms injected a combined 505.7 million dollars in actualised investments into priority sectors of the state’s economy.
It listed the distribution as mining, 400 million dollars; agriculture, 48.8 million dollars; manufacturing, 46 million dollars; technology, 16.6 million dollars; and education, 10.9 million dollars.
The investments were located across six local government areas of Kokona, Nasarawa, Akwanga, Keffi, Lafia and Toto.
Nasarawa Local Government recorded the highest share with 400 million dollars, representing about 79 per cent, followed by Kokona with 45.5 million dollars; Akwanga, 31 million dollars; Keffi, 25.9 million dollars; Lafia, 16.6 million dollars; and Toto, 3.3 million dollars.
“Among firms that executed investments were Euphoria Press Limited, which operates in agriculture and manufacturing across three LGAs, as well as Diamond New Energy Company LTD, Advent Integrated Service Limited, Saro Africa Agric Value Chain, Sequoia Cassava Farms and China Witent Technology Co Ltd, ” it stated.
It added that companies with announced investments currently working toward 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.
The report projected that the investments would generate about 22,645 jobs across sectors.
It stated that agriculture would account for 10,025 jobs; manufacturing, 6,600; education, 5,000; mining, 1,000; and technology, 20.
