Borno State has taken a significant stride in its economic reconstruction and diversification agenda, securing five substantial investment commitments valued at over $300 million. These investments span across critical sectors, including agriculture, clean energy infrastructure, digital connectivity, and affordable housing, reflecting growing private sector confidence in the state’s economic potential and institutional readiness to support large-scale projects.
Greenville Nigeria Limited is spearheading the clean energy initiative with an estimated $300 million investment to establish Liquefied Natural Gas (LNG) and Compressed Natural Gas (CNG) hubs in Borno State. This strategic expansion aims to introduce modern fueling infrastructure for heavy-duty trucks, commercial fleets, and vehicles, providing cleaner and more affordable energy alternatives. By reducing transportation expenses and lowering emissions, the project supports both economic resilience and environmental sustainability, positioning Borno as a key clean-energy gateway for the region.
In the agricultural sector, Greenstripes Agro-Allied Solutions Limited has received approval to implement a Pilot Wheat Farming Project valued at ₦2.5 billion. This initiative, supported by the Borno State Government through the FRILIA Steering Committee, aims to strengthen local wheat production, empower smallholder farmers, and establish a sustainable agricultural value chain. The pilot phase includes farmer mobilization, land preparation, mechanized farming, seed and input deployment, extension services, and post-harvest handling, delivering food security, rural employment, and economic empowerment.
Borno’s digital infrastructure is set to receive a significant boost with two major fibre optic investments. OKK Global Resources Limited has received approval to deploy optical fibre across approximately 26 kilometres of strategic urban routes in Maiduguri, representing an estimated ₦7 billion investment. Complementing this, M. Kullima Tech Limited has been granted approval to deploy optical fibre infrastructure along the Bulumkutu Axis, covering a 9-kilometre right-of-way, representing an estimated ₦450 million investment. These projects will strengthen Maiduguri’s digital backbone, enabling smarter services, faster commerce, and new industries powered by reliable connectivity.
In a significant Public-Private Partnership (PPP), Think Lab Group Limited signed an agreement with the Borno State Government, representing an estimated ₦20 billion investment in affordable housing development in Maiduguri. The partnership focuses on completing and developing two major housing projects, delivering a total of 594 housing units. The projects will include essential supporting infrastructure such as road networks, water supply, and electricity, specifically targeting low-income families, internally displaced persons (IDPs), and public servants.
These investments reflect Borno’s transformation from emergency response to structured economic development. As stated by Hajj. Maryam Shehu, “These investments reflect Borno’s transformation from emergency response to structured economic development. We are seeing diverse investors in energy, agriculture, technology, and housing respond to our commitment to creating an enabling environment for private capital while addressing the state’s most pressing development needs.”
Collectively, these investments address critical infrastructure gaps while supporting Borno’s broader reconstruction and economic diversification objectives. The clean energy infrastructure reduces operational costs for businesses and transporters, the wheat farming pilot strengthens food security and agricultural value chains, and the combined ₦7.45 billion in fibre optic investments create the digital foundation necessary for technology-driven economic growth. The housing partnership directly addresses shelter needs while creating construction employment and urban renewal momentum.
The diversity of investments, from $300 million energy infrastructure to agricultural pilots, comprehensive digital connectivity covering over 35 kilometres of fibre optic network, and affordable housing, demonstrates the breadth of opportunity across multiple sectors. The success of these investments will depend on sustained security improvements, continued infrastructure development, and consistent policy support. Current indicators suggest Borno is strategically positioning itself to convert reconstruction imperatives into structured investment opportunities that align with both humanitarian recovery objectives and commercial viability requirements.