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Nasarawa State has attracted a cumulative $2.3 billion in foreign and domestic investments since 2022, according to the Nasarawa State Investment Development Agency.
Governor Abdullahi Sule disclosed this on Thursday while declaring open the 2026 Nasarawa Investment Summit at the Nasarawa Investment House in Lafia, ahead of the third edition scheduled to hold from April 26 to May 7, 2026.
The governor said the summit, themed “Bold Transitions: Building a Legacy for Sustainable Futures,” reflects seven years of deliberate reforms aimed at improving the investment climate and strengthening institutions in the state.
He noted that his administration had prioritised ease of doing business, land administration reforms, and policies that encourage private sector participation across key sectors such as agriculture, mining, manufacturing, and infrastructure.
Sule added that these efforts have positioned Nasarawa among the top ten most competitive states in Nigeria based on the World Bank ease of doing business ranking.
He explained that the 2026 edition of the summit would be the last under his administration and is designed to demonstrate that the progress recorded over the years is anchored on strong institutions rather than individuals.
The governor said the summit would also serve as a platform to reassure investors that political transition in 2027 would not disrupt ongoing projects or weaken the business environment.
He said, “We want investors to know that what we have built will endure beyond this administration. The institutions and policies are in place to sustain it.”
Sule further disclosed that former President of Ghana, John Mahama, has been invited to deliver the keynote address, while the Vice President, Kashim Shettima, is expected as Special Guest of Honour.
He said a major highlight of the summit would be the unveiling of the Lafia Declaration, a voluntary pact to be signed by political actors, the judiciary, development partners, and investors to sustain the state’s economic direction beyond 2027.
The summit, he added, would also feature a deal room for investors, an MSME competition, and policy discussions centred on the Nasarawa Gas Master Plan, which he described as vital for industrial growth.
Sule noted that the event had already attracted financial backing from existing investors and expressed optimism that private sector contributions would exceed government spending, in line with previous editions.
In his welcome address, the Managing Director of NASIDA, Ibrahim Abdullahi, said the state recorded $1.8 billion in investments between 2022 and 2024, alongside $1.3 million in technical support.
He added that in 2025 alone, the state attracted an additional $1 billion in investments, with $505 million already actualised, reflecting growing investor confidence in Nasarawa’s economic policies.
