The Nigeria Governors Forum (NGF) has unveiled a new platform, Investopedia, aimed at promoting inclusive growth, boosting infrastructure development, and positioning Nigeria as an attractive destination for investors.
At the launch of the NGF Investopedia in Abuja on Tuesday, AbdulRahman AbdulRazaq, NGF chairman and Governor of Kwara State, highlighted that the new platform is designed to help Nigeria harness Global and African funding opportunities.
The NGF’s Investopedia is a report that will be published every two years across print and digital platforms, showcasing transformative projects across various sectors while offering analysis, incentives, and market insights.
It will be showcased at globally influential platforms such as the Intra-African Trade Fair, the Africa Investment Forum, and the United Nations General Assembly.
Speaking on the challenges that this platform intends to address, the NGF Chairman, represented by Abdullahi Sule, Nassarawa state Governor, said:
“Over the last decade, the foreign direct investment inflows have averaged only $2bn annually, which is less than 0.5 per cent of GDP. These investments are mostly concentrated in oil and gas, telecommunications, real estate, and agriculture.
“Over the last decade, the foreign direct investment inflows have averaged only $2bn annually, which is less than 0.5 per cent of GDP. These investments are mostly concentrated in oil and gas, telecommunications, real estate, and agriculture.”
Adding that Investopedia is designed to serve as a one-stop for investors, providing credible, transparent, and curated pipelines of all projects across the 36 states of the country, providing the location and the guide that will aid investors and boost confidence.
He noted that investment in finance, renewable energy, ICT, and infrastructure will accelerate job creation, improve livelihoods, and also drive sustainable development. He urged global investors to invest in Nigeria and benefit from the open and credible opportunities.
