Sixty-five projects worth a combined $78.5 billion are now on the table for foreign investors, bundled into a new initiative the Nigerian government is calling the "deal room." The platform was unveiled on the sidelines of the IMF/World Bank annual meetings in Bangkok, Thailand, with Finance Minister Taiwo Oyedele and Central Bank Governor Olayemi Cardoso leading the Nigerian delegation.
The projects span a wide range of sectors, including oil and gas, power, transport and maritime, agriculture and agro-processing, manufacturing, technology, health and urban services. The breadth of the offering reflects the government's push to present Nigeria as a multi-sector investment destination, not just a crude oil story.
On the economic front, the delegation pointed to a 4.43% GDP growth rate and a drop in headline inflation from 23.14% to 15.39% in 2025. Foreign reserves have grown to $58.81 billion, and CBN Deputy Governor Phillip Keazor highlighted that the gap between the parallel and official foreign exchange markets has narrowed to less than 2%. Recent credit rating upgrades from all three major agencies were also cited as signs of momentum.
The government framed its pitch around a longer vision: disciplined monetary and fiscal policy, deeper capital markets, and mobilising private capital for infrastructure. Receipts from the non-oil sector are rising, and officials say that diversification has made Nigeria more resilient to oil price swings and global shocks.
Finance Minister Oyedele also signalled that five critical policy reform decisions are still to come. He did not detail them publicly during the session, which means investors now have reason to keep watching.
Originally published by African Business.