By Tracy Moses
Borno State has secured five major investment commitments valued at over $300 million across agriculture, clean energy infrastructure, digital connectivity, and affordable housing, marking a significant milestone in the state’s economic reconstruction and diversification drive.
The investments, facilitated by the Borno State Investment Promotion Agency (BIPA) in collaboration with relevant government agencies, signal renewed private sector confidence in Borno’s economic potential and its growing institutional capacity to support large-scale projects across critical sectors.
Speaking on the development, officials of the agency said the inflow of investments reflects deliberate policies aimed at repositioning Borno from post-conflict recovery to sustainable economic growth.
Leading the investment inflow is Greenville Nigeria Limited, which has committed an estimated $300 million to establish Liquefied Natural Gas (LNG) and Compressed Natural Gas (CNG) hubs in Borno State as part of its strategic expansion across Northern Nigeria. The project will introduce modern fuelling infrastructure designed to serve heavy-duty trucks, commercial fleets, and private vehicles, offering cleaner and more affordable energy alternatives amid rising fuel costs.
According to stakeholders, the LNG and CNG hubs are expected to significantly reduce transportation costs for businesses while lowering carbon emissions. “This investment will not only ease the burden of high fuel costs on transporters and businesses but also position Borno as a strategic clean-energy gateway for the North,” a government official noted.
In the agricultural sector, Greenstripes Agro-Allied Solutions Limited has received approval from the Borno State Government, through the FRILIA Steering Committee, to implement a ₦2.5 billion Pilot Wheat Farming Project across selected farmlands in Maiduguri, Jere, and surrounding farming communities.
The initiative is aimed at boosting local wheat production, empowering smallholder farmers, and developing a sustainable agricultural value chain within the state. The pilot phase will cover farmer mobilisation, land preparation, mechanised farming, deployment of improved seeds and inputs, extension services, and post-harvest handling.
Commenting on the project, officials said it would “strengthen food security, create rural employment, and gradually reduce dependence on imported wheat, while turning agriculture into a reliable engine of economic growth for Borno State.”
Borno has also recorded major progress in digital infrastructure development, with two fibre optic projects approved to transform connectivity in Maiduguri.
OKK Global Resources Limited has received approval to deploy optical fibre across approximately 26 kilometres of strategic urban routes, including Giwa Barracks, Bulumkutu, and other key corridors in the city, representing an estimated ₦7 billion private-sector investment.
The project is expected to strengthen Maiduguri’s digital backbone, enabling faster internet access, improved service delivery, and technology-driven commercial activities. “Reliable digital infrastructure is critical for modern governance, commerce, and innovation, and these investments will place Maiduguri on a stronger digital footing,” an official said.
Complementing this effort, M. Kullima Tech Limited has been granted approval to deploy fibre optic infrastructure along the Bulumkutu Axis, covering a 9-kilometre right-of-way, including a 1.1-kilometre stretch through Bulumkutu and neighbouring communities. Valued at approximately ₦450 million, the project will further expand broadband access while creating employment opportunities for local labour.
Combined, the two fibre optic projects represent a ₦7.45 billion investment and will cover over 35 kilometres of digital network infrastructure across Maiduguri.
In the housing sector, the Borno State Government has entered into a Public-Private Partnership (PPP) with Think Lab Group Limited for the development of affordable housing in Maiduguri. The agreement, signed in February 2025, represents an estimated ₦20 billion investment and focuses on completing two major housing estates comprising 594 housing units, 404 units in Bakassi GRA and 190 units in the Dr. Shettima Ali Munguno Teachers Village.
Under the arrangement, Think Lab Group Limited will provide project financing, while the state government contributes existing uncompleted housing units, with revenues shared on a 60:40 basis in favour of the investor. The projects will also include supporting infrastructure such as road networks, water supply, and electricity, and are targeted at low-income earners, internally displaced persons (IDPs), and public servants. Commenting on the overall investment inflow, Hajj.
Maryam Shehu described the developments as a clear sign of Borno’s economic transition. “These investments reflect Borno’s shift from emergency response to structured economic development,” she said.
She added, “We are seeing strong interest from investors in energy, agriculture, technology, and housing because of our commitment to creating an enabling environment for private capital while addressing the state’s most pressing development needs.”
Collectively, the five investments are expected to address critical infrastructure gaps while advancing Borno’s broader reconstruction and economic diversification objectives.
The clean energy projects will lower operating costs for businesses and transporters, the wheat farming initiative will strengthen food security and agricultural value chains, the fibre optic investments will provide the foundation for technology-driven growth, while the housing partnership will help meet shelter needs and stimulate construction employment.
Observers say the scale and diversity of the investments, from energy infrastructure and agricultural pilots to digital connectivity and affordable housing, underscore the breadth of emerging opportunities in Borno State. While sustained security improvements, infrastructure expansion, and consistent policy support remain crucial, current indicators suggest the state is steadily converting its reconstruction challenges into viable investment opportunities that balance humanitarian recovery with commercial sustainabil
ity.
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