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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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DSS Trails, Nabs Man Impersonating Personnel in Abuja

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*Arrested in tactical uniform, with fake pistol, allegedly extorting motorists

The Department of State Services (DSS) late on Wednesday in Abuja arrested a man identified as Moferewa Maiye, discovered to be impersonating a personnel of the Service.

Maiye, who claimed to hail from Agbajojun Village, Mopamuro Local Government Area of Kogi State, was trailed and arrested by DSS officers in his hideout around the NITEL Junction, along Adetokunbo Ademola Way, Wuse II, Abuja.

At the time of his arrest, Maiye was in DSS tactical uniform and armed with a fake pistol.

According to a security source, the Secret police acted on credible intelligence that Maiye was using the uniform and the fake weapon to intimidate commuters and motorists, extorting money from them.

During interrogation, added the source, the suspect reportedly claimed that his brother was a DSS personnel who died years ago.

He identified the brother as Monday Maiye, stressing that the DSS kit in his possession was his late brother’s.

The suspect is currently being interrogated as security operatives, the source stated, adding that the Service was investigating how he came about the DSS uniform and kit.

“Investigators are also trying to establish how long the suspect has been involved in similar acts of impersonation and extortion.

“The arrest underscores growing concerns by the Service over the activities of individuals who impersonate security personnel to intimidate members of the public and commit criminality,” the source declared.

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24 Bandits Killed As Army, DSS, Vigilantes Foil Mass Kidnap in Katsina Community, Rescue Victims

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At least 24 bandits were killed on Tuesday after soldiers of the Nigerian Army, operatives of the Department of State Services (DSS), Katsina Community Watch Corps foiled an attempt to mass-kidnap persons in Gidan Bawa village, Kandarawa Ward, Bakori Local Government Area of the state.

According to a security source, the operation followed sustained intelligence which uncovered plans by about 40 gunmen loyal to notorious bandit kingpin, Isiya Kwashen Garwa, to invade the village and abduct many residents, especially women and children.

The plot, sources said, was intended to replicate the mass abduction of residents of Woro community in Kwara State, ostensibly to embarrass the government.

Acting swiftly on the intelligence, DSS operatives mobilised the Community Watch Corps, and the Civilian Joint Task Force (CJTF) from Guga camp, and ambushed the bandits.

The source disclosed that the joint security operatives neutralised 24 bandits and rescued the abducted villagers.

Security operatives also recovered 19 stolen cattle from the community during the raid.

The source added that there were ongoing efforts to track down the fleeing bandits.

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KADSG Faults ADC Guber Candidate’s Criticism, Defends Sani’s Education Funding Records

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…Says 25% of budget spent on education in three years
…Says Ashiru needs lesson in education funding

By Achadu Gabriel, Kaduna

The Kaduna State Government has faulted African Democratic Congress (ADC) governorship candidate Alhaji Isa Mohammed Ashiru over his criticism of Governor Uba Sani’s commitment to education, insisting the state has consistently surpassed global funding benchmarks.

Commissioner for Information and Culture, Malam Ahmed Maiyaki, said in a statement on Wednesday that while Ashiru is entitled to criticise, his claims on education funding were inaccurate.

“Mr. Ashiru is entitled to criticise the government. But when an aspirant to the highest office in the state gets basic facts about education funding wrongly, a little lesson becomes necessary,” he said.

Maiyaki faulted Ashiru’s claim that UNESCO recommends 15 to 20 per cent budgetary allocation to education. He explained that the Education 2030 Framework for Action recommends at least 4 to 6 per cent of Gross Domestic Product (GDP) or 25 per cent of total public expenditure.

According to the commissioner, Kaduna State allocated 25 per cent of its budget to education in 2024, 26.14 per cent in 2025, and another 25 per cent of its N985.9 billion 2026 budget, amounting to about N246.5 billion.

“For three consecutive years, therefore, Governor Uba Sani has committed about one-quarter of Kaduna State’s annual budget to education,” Maiyaki disclosed.

Investment yields results

The commissioner said the investment has yielded results across basic, tertiary and skills education. He noted that the National Board for Technical Education recognised the three Skills Development and Vocational Training Centres established by the governor as the best-equipped in Nigeria.

Maiyaki added that out-of-school children in the state dropped from over 550,000 to 187,719 within three years through enrolment drives and infrastructure upgrades. “The Federal Government has also drawn from the Kaduna model” for national interventions, he said.

KASU interventions

On Kaduna State University (KASU), Maiyaki listed interventions including over N800 million for staff welfare, N146 million for withheld salaries and SIWES obligations, and a N50 million monthly standing intervention.

The government also provided more than N200 million in overhead support in 2026 alone, and over N300 million for accreditation of 57 academic programmes and resource verification for 60 postgraduate programmes. These, he said, led to full accreditation of seven professional programmes and the university’s Digital Learning Centre.

Maiyaki further disclosed that more than N1.6 billion has been committed to scholarships and student support, alongside a 50 per cent reduction in tuition fees across state-owned tertiary institutions.

“These interventions are hardly the actions of a government that is ‘lukewarm’ towards education,” the statement added.

Challenge on professor resignations

On allegations that about 200 professors resigned from KASU due to poor conditions, the commissioner challenged critics to provide names, dates and reasons.

“Repetition does not turn an unverified allegation into fact,” he said.

Maiyaki also acknowledged ASUU-KASU’s role in advocating for members and said the administration remains committed to constructive engagement. However, he noted that domesticating Federal Government-ASUU agreements in state universities requires “serious legal, financial and institutional consideration, not political grandstanding.”

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