Nigeria's Ministry of Finance presented an updated portfolio of 65 projects requiring 78.5 billion dollars in capital on Tuesday, 13 October, on the sidelines of the annual meetings of the IMF and the World Bank in Bangkok.
The official Projects Nigeria platform divides the operations among transport and logistics, energy and gas, agriculture, industry, and housing and urban services. It associates an estimated 366,763 jobs with the full list, with capital needs ranging from about 1 million to 15 billion dollars per project.
These amounts represent capital needs, not firm commitments. Publication of the portfolio does not establish that financing has been concluded or that work has started. Each operation still depends on its structure, guarantees, investor review and actual level of preparation.
The list has expanded since a September version that counted 23 transactions totalling 42.7 billion dollars. The ministry is holding a first session on mobilising private capital on 13 October, followed by an investor forum on 14 October to connect project promoters with lenders and companies from Asia.
The government is also seeking greater use of World Bank guarantees to reduce the perceived risk on infrastructure. According to BusinessDay, Finance Minister Taiwo Oyedele and Central Bank Governor Olayemi Cardoso discussed this lever with World Bank Group President Ajay Banga in Bangkok.
The official file highlights real growth of 4.43% in the second quarter of 2026, annual inflation of 15.39% in August, and external reserves of 54.7 billion dollars as of 18 September. The ministry presents these indicators to support its investment case, but on their own they do not guarantee the profitability of the proposed projects.