By NEXTER
Nasarawa Investment and Development Agency (NASIDA) has secured domestic and foreign direct investments worth $ 1,008,529,220 for the state from January to December, 2025.
This is outside other investments sourced by other agencies, Ministries and Departments within the period under review.
A report of the NASIDA’s investments portfolio for the year obtained by LEADERSHIP shows that the amount is made up of $505.7 million actualised, representing 50.14% and $502.8 million announced, constituting 49.86% respectively.
Investment announced is a public declaration or commitments inform of Memorandums of Understanding (MoUs) and Letters of Intent by an investor, company, or institution to invest in the state, while actualised represents implementation of business deals.
The report shows that the announced investments of -$502.800 million covers the sectors such as mining, agriculture, energy, manufacturing among others.
The amount planned for sectorial investments include mining-$300m; Agriculture-$800, 000; Energy-$70m -13.9%; Manufacturing-$130m; and others-$2m respectively.
For the actualised investments eight companies injected $505.7 million in some key areas of interest.
The breakdown includes mining-$400m; agriculture-$48.8m; manufacturing-$46m; technology-$16.600; and education-$10.9m respectfully.
The investments are spread across six local government areas of the state. They include Kokona, Nasarawa, Akwanga, Keffi, Lafia and Toto.
Kokona has the highest investments with $45.5m, representing 8.9%, followed by Nasarawa-$400M -79%; Akwanga-$31M 6.12%; Keffi-$25.9M 5.2%; Lafia-$16.6K 0.08%; and Toto-$3.3M 0.7%.
Among the companies, Euphoria Press Limited is into agriculture and manufacturing, and operating in three local government areas of Kokona, Akwanga and Keffi.
Other companies include Diamond New Energy Company LTD; Advent Integrated Service Limited; Saro Africa Agric value chain; Sequoia Cassava Farms; and China Witent Technology Co 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 productively engaged across the areas of interest.
The breakdown of jobs to be created by sectors indicates that Agric will take 10, 025; manufacturing- 6,600; education, 5000; mining, 1000; and technology 20.
