Governor Abdullahi Sule Unveils Nasarawa 2026 Investment Summit Reporting $2.3 Billion In Capital Inflows Since 2022

Governor Abdullahi Sule unveils the 2026 Nasarawa Investment Summit, highlighting 3 trillion naira in inflows and the state's top-ten competitive ranking.

By: AXL Media

Published: Apr 3, 2026, 7:48 AM EDT

Source: The information in this article was sourced from Daily Trust

A Milestone In Regional Economic Transformation

Nasarawa State has officially entered a new phase of its economic development strategy with the unveiling of the 2026 Investment Summit in Lafia. The Nasarawa Investment Development Agency (NASIDA) reported that since the inaugural summit in 2022, the state has successfully attracted a total of $2.3 billion in investment inflows. This financial milestone is viewed as a direct result of a concerted effort to shift the state's economy from a public sector-dependent model to one driven by private capital in agriculture, mining, and manufacturing.

Strengthening Institutional Foundations

During the unveiling ceremony, Governor Abdullahi Sule articulated that his administration’s primary goal has been the creation of durable policy frameworks. By focusing on institutional reforms rather than individual personalities, the state aims to ensure that economic progress remains sustainable beyond the current political cycle. Sule noted that these reforms have significantly eased business operations, allowing Nasarawa to climb into the top ten of the World Bank’s ease of doing business index for Nigerian states.

Breaking Down The Investment Inflows

The Managing Director of NASIDA, Ibrahim Adamu Abdullahi, provided a detailed breakdown of the state’s financial gains since 2022. The cumulative $2.3 billion figure includes $1.8 billion in direct investments and $1.3 billion in technical assistance. Notably, 2025 alone saw the attraction of $1 billion, with over $505 million already actualized into tangible projects. These inflows have been strategically funneled into infrastructure and the burgeoning mining sector, which has become a cornerstone of the state's industrial identity.