Borno State has secured five investment commitments valued at over $300 million across agriculture, clean energy, digital infrastructure and housing. 

The investments were facilitated by the Borno State Investment Promotion Agency (BIPA) in collaboration with relevant government agencies, as part of a broader strategy to reposition the state from post-conflict recovery to sustainable economic growth.

A major highlight of the investment drive is a ₦2.5 billion wheat farming project approved for Greenstripes Agro-Allied Solutions Limited. 

The pilot project will be implemented across Maiduguri, Jere and the surrounding farming communities.

The initiative is expected to strengthen local wheat production, reduce dependence on imports and create new income streams for smallholder farmers. 

It will cover land preparation, mechanised farming, input distribution, extension services and post-harvest handling, helping to build a structured agricultural value chain in the state.

By supporting farmers with modern techniques and organised market access, the project positions agriculture as a key driver of food security, rural employment and economic stability in Borno.

In the energy sector, Greenville Nigeria Limited has committed approximately $300 million to establish Liquefied Natural Gas (LNG) and Compressed Natural Gas (CNG) hubs across Borno State.

The project will provide cleaner and more affordable fuel alternatives for transporters, agribusiness operators and commercial users. 

It is expected to reduce fuel costs, lower emissions and improve logistics efficiency,  all of which are critical for agricultural value chains and food distribution.

The investment also positions Borno as a strategic clean-energy hub in Northern Nigeria, supporting both environmental sustainability and economic competitiveness.

Borno has also attracted significant investments in digital connectivity. OKK Global Resources Limited will deploy fibre optic infrastructure across 26 kilometres of key urban routes in Maiduguri, while M. Kullima Tech Limited will lay additional fibre along the Bulumkutu axis.

Together, the projects represent over ₦7 billion in private-sector investment and will strengthen internet access, support digital businesses, and improve service delivery. 

For the agricultural sector, improved connectivity enables better access to markets, extension services, agri-tech solutions and digital finance platforms.

In a major public-private partnership, Think Lab Group Limited has committed ₦20 billion to affordable housing development in Maiduguri. 

The project will deliver 594 housing units across Bakassi GRA and the Dr. Shettima Ali Munguno Teachers Village.

The initiative targets low-income earners, public servants and internally displaced persons, while also creating jobs in construction and related sectors. 

Supporting infrastructure such as roads, water and electricity will further stimulate local economic activity.

According to Borno State officials, these investments mark a shift from emergency response to structured development. 

The combined impact of agriculture, energy, digital infrastructure and housing projects is expected to strengthen food security, expand employment opportunities and improve living standards across the state.

Source: Independent News