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NACCIMA Unveils $150M Digital Investment Portal, Sets Bold Agenda at INFRACON 2026

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The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has taken a decisive step in reshaping Nigeria’s investment and infrastructure landscape with the unveiling of a secure digital e-Portal for accessing the $150 million ODDO BHF SE Offshore Expansion Financing Facility. The announcement was made during the Nigeria Infrastructure Conference (INFRACON 2026), where stakeholders from across government, finance, and the private sector gathered to chart new pathways for sustainable infrastructure development.

The conference, convened at the Afreximbank African Trade Centre (AATC) Towers, brought together policymakers, regulators, development finance institutions, investors, developers, academia, and the organised private sector. Against the backdrop of Nigeria’s pressing infrastructure deficit, participants underscored the urgency of mobilising private capital, strengthening Public-Private Partnerships (PPPs), and creating a stable, investment-friendly environment.

The communiqué adopted at the conclusion of the conference highlighted several key outcomes. Delegates agreed that Nigeria’s infrastructure deficit continues to constrain economic growth, industrialisation, and competitiveness. Mobilising private capital was described as “no longer optional – it is essential.” Predictable policies, regulatory certainty, and transparent governance were identified as critical to attracting patient, long-term capital. PPPs were reaffirmed as a delivery engine, with emphasis placed on improving project preparation and bankability.

Five strategic sectors were identified as priorities for investment: Energy, Transport, Gas, Maritime, and Digital Infrastructure. These sectors were seen as pivotal to enhancing productivity, facilitating trade, and supporting economic diversification. The communiqué also encouraged the adoption of innovative financing instruments such as blended finance, infrastructure bonds, and credit enhancement mechanisms to unlock new pools of capital.

A major highlight of INFRACON 2026 was the unveiling of the NACCIMA–ODDO BHF SE Offshore Expansion Financing Facility. Jointly presented by Dr Waheed Olagunju, Chairman of the NACCIMA–ODDO Working Group Committee and former Managing Director of the Bank of Industry, and Dr Segun H. Olugbile, NACCIMA’s Digital Economy Coordinator, the facility is designed to provide long-term expansion capital at single-digit interest rates to qualified Nigerian enterprises.

The financing facility, established in partnership with ODDO BHF SE, a leading German commercial banking group headquartered in Frankfurt, is structured to support priority sectors including Manufacturing, Agro-Allied Processing, Energy, and Logistics. Notably, 20 percent of the facility has been reserved for the Digital Economy and ICT sector, reflecting NACCIMA’s commitment to advancing Nigeria’s digital transformation agenda.

Dr Olagunju emphasised that the initiative is built on a transparent and globally competitive governance framework. “What we are launching today is a transparent, globally aligned investment origination pipeline. The Joint NACCIMA–ODDO Committee has developed a rigorous framework that enables viable, ESG-compliant Nigerian enterprises to access patient capital with a minimum financing of US$10 million for the acquisition of European machinery, equipment, and technology needed to scale their operations. We are commencing with a pilot phase to validate the model before expanding nationwide,” he stated.

The secure e-Portal, presented as part of NACCIMA’s digital transformation agenda, features advanced security architecture, compliance with the Nigeria Data Protection Act (NDPA) 2023, automated Know-Your-Customer (KYC) verification, and integration of the Trustmark framework. Dr Olugbile explained that the platform has been designed to inspire confidence among international investors by ensuring that proprietary financial information remains fully protected throughout the transaction process.

Key features of the facility include a minimum financing amount of US$10 million per applicant, a technology transfer requirement mandating that 35–50% of financing be dedicated to European machinery, equipment, or technical services, and eligibility criteria requiring three years of audited financial statements, demonstrable repayment capacity, ESG compliance, and verified membership of NACCIMA or affiliated Business Membership Organisations (BMOs).

The Request for Expression of Interest (REOI) e-Portal is scheduled to go live next week, with a 60-day timeline to identify and recommend the first fifteen investment-ready companies for final credit assessment by ODDO BHF SE in Germany. Qualified Chief Executive Officers, Managing Directors, Chief Financial Officers, and corporate executives are encouraged to review the eligibility criteria and commence the secure online application process without delay.

The communiqué further stressed that delivering sustainable infrastructure requires collaboration across stakeholders. Government, the organised private sector, development finance institutions, and international partners must work together as one delivery ecosystem. “Partnership is the platform on which projects stand,” delegates affirmed.

INFRACON will reconvene in April 2027 to review progress on the 2026 recommendations and deepen stakeholder collaboration. The communiqué, signed by NACCIMA President Engr. Jani Ibrahim OON, FNSE, FAEng, FCIoD, MNI, serves as a reference framework for continued engagement on Nigeria’s infrastructure agenda.

With the unveiling of the ODDO BHF SE financing facility and the adoption of the INFRACON 2026 communiqué, NACCIMA has positioned itself as a central driver of Nigeria’s economic transformation. By leveraging private capital, digital innovation, and global partnerships, the association is advancing a vision of modern, resilient infrastructure and enterprise growth that will underpin Nigeria’s long-term prosperity.

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Umahi Tours Lekki Corridor’s 7th Axial Road Project, Praises CHEC’s Progress

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By Wilfred Framcis

Lagos, Nigeria – Minister of Works Senator Dave Umahi has expressed confidence in China Harbour Engineering Company Limited (CHEC) to deliver the 7th Axial Road project in the Lekki Corridor of Lagos. The project, a key cargo handling route for the Lekki Deepwater Port, is being constructed behind the Dangote Refinery and connects the Lekki Corridor with the Sagamu route.

During his inspection tour, Umahi praised CHEC for its successful delivery of the Lekki Deepwater Port and the high-quality progress on the Makurdi-Enugu road reconstruction and expansion project. He instructed that the roadbed filling work for Project LOT1 be completed by the end of April and directed the project team to accelerate resource input and tangible works to meet the deadline.

The 7th Axial Highway is expected to complement key infrastructure projects like the Coastal Road, Dangote Road, and Lekki Port, creating a comprehensive transportation hub model and boosting Nigeria’s port economy and industrial corridor. Umahi emphasized the need for environmental protection agencies to ensure efficient construction and steady progress while maintaining ecological safety.

A CHEC representative stated that the company would maintain a high level of resource input, implement the Minister’s directives, and coordinate safety, quality, and environmental protection to ensure the project’s timely and high-quality completion.

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Omo-Agege Calls for Probe Into PTI Meeting Attack, Warns Against Political Violence in Delta

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By Anne Azuka

Former Deputy President of the Senate, Senator Ovie Omo-Agege, has called for a thorough investigation into the disruption of a political meeting at the Petroleum Training Institute (PTI) Conference Centre in Effurun, Delta State, warning that rising political violence could affect the credibility of the 2027 general elections.

In a statement issued by his Special Adviser on Strategy and Communications, Godwin Anaughe, Omo-Agege condemned the reported attack on an APC Delta Central leaders and stakeholders’ meeting, where suspected thugs allegedly disrupted proceedings and injured the Delta State Government’s Senior Special Assistant on Protocol, Temple Mudi.

The former senator described the incident as a threat to democratic participation and urged security agencies to identify and prosecute those responsible. He also appealed to political actors to embrace peaceful engagement.

Omo-Agege further referenced an earlier incident involving Nigeria Democratic Congress (NDC) governorship candidate Deacon Chris Iyovwaye, who he said was allegedly prevented from accessing his community’s town hall in Agholokpe. He urged authorities to investigate both incidents.

He specifically called on the Delta State Police Command, the Department of State Services (DSS), and the Inspector-General of Police to conduct comprehensive investigations. He also appealed to the Independent National Electoral Commission (INEC), civil society organisations, and the international community to monitor political developments in Delta State.

Omo-Agege reaffirmed his commitment to peaceful democratic participation, stating that violence should not be allowed to undermine the electoral process.

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75% of Doctors Leave Nigeria Within Two Years of Graduation, Says Akwa Ibom NMA Chairman

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By Ogenyi Ogenyi, Uyo

The Chairman of the Nigeria Medical Association (NMA) in Akwa Ibom State, Prof. Aniekan Peters, says about 75% of newly qualified doctors leave Nigeria within two years of graduation, citing poor remuneration and working conditions as major reasons for the trend.

Speaking with journalists in Uyo during activities marking the association’s Annual General Meeting and Scientific Conference, Peters called on the Akwa Ibom State Government to establish at least seven medical training institutions to help address shortages of healthcare professionals. He said the migration of doctors, often referred to as the “Japa” phenomenon, has made it increasingly difficult to recruit and retain medical personnel in the state.

According to Peters, doctors earning about ₦400,000 monthly in Nigeria can earn significantly more abroad. He said the NMA is proposing a 2,000% increase in doctors’ wages in the state to improve retention.Peters also noted that recent recruitment exercises failed to fill approved vacancies. He said only about 50 doctors were recruited despite approval for 400 positions, while authorities also struggled to recruit 700 nurses until entry requirements were adjusted.

He commended Governor Umo Eno for approving a medical school at Akwa Ibom State University but argued that more institutions are needed. Peters said the state should expand medical education by upgrading existing health facilities, including the General Hospitals in Ikot Ekpene and Eket, as well as the Ibom Specialist Hospital, into medical training centres.

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