GREENFIELD & BROWNFIELD INVESTMENT OPPORTUNITIES - nipc.gov.ng · Updated: 2019 For further enquiries Director, Investment Promotion [email protected] Project Sponsor

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GREENFIELD & BROWNFIELD INVESTMENT OPPORTUNITIES

Amo Byng Nigeria Limited$20 Million Investment in an Animal Feed Mill

Project Overview

Investment Opportunity

¡ Amo Byng Nigeria Limited produces and distributes highquality animal feed concentrates and finished feeds inNigeria and West Africa. The company has a combinedcapacity of 300,000 metric tons of feed production perannum and a storage capacity of 150,000 metric tons of rawmaterials.

¡ The company has 3 factories – Abia, Oyo and Plateau States.

Key Summary

¡ The company is seeking to raise a working capital facility ofNGN 7 billion ($20 million) for the procurement of rawmaterials for the production of animal feeds.

¡ The Facility will enable the company to maintain adequateworking capital to maximize operation of its processingplants and ensure product availability to meet customer’sdemand during peak sales period and during the plantingseason when raw materials are in short supply.

Company profiled by NIPC

Updated: 2019

For further enquiries

Director, Investment Promotion

[email protected]

Project Sponsor Amo Byng Nigeria Limited

Project Category Brownfield

ISIC0150 - Mixed farming

Product Animal Feed

Project Location Abia, Oyo and Plateau States

Project Size US$20 m

Capital Sought US$20 m

Revenues NGN8.06 b (2018)

Operating Profit NGN1.22 b (2018)

Documents Available

Business plan and Audited Financial Statements

Source: FBNQuest

Investment Impact

Kaiama Integrated Cassava Starch Production Project$7 Million Investment in Cassava Farming and Processing

Project Overview


¡ Kaiama Integrated Cassava Starch Production project is agreenfield investment opportunity in cassava farming andprocessing. The project is expected to produce 60,000 metrictons of High Quality Unmodified Starch (HQUS) through theprimary production and processing of cassava for theNigerian and West African market.

¡ The company has acquired 10,000 hectares of arable landfor the project and is seeking financial investors to invest inthe development of the farm land and the installation of theprocessing plant in phases.

Project Sponsor H&W Starch Derivatives Ltd

Project Category Greenfield Project


Product High Quality Unmodified Starch

Project Location Kwara State

Project Size Est. US$42 M (Phase 1 - US$23 m & Phase 2 - US$19 m)

Capital Sought US$7 m (Phase 1)

Revenue Available on Request

Operating Profit Available on Request

Documents Available

Business plan, detailed feasibility study, detailed market research, land lease agreement and community participation agreement

Key Summary

¡ Development of 10,000 hectares of cassava plantation.¡ Procurement of farm mechanization and logistics equipment.¡ Construction of farm structures and ancillary facilities.¡ Construction of cassava processing factory, ancillary

buildings, structures and facilities.¡ Purchase of agricultural inputs and operating expenditure.


Updated: 2019



[email protected]

Investment Impact

Source: AAR Invest Limited

Demsa Integrated Rice Production Project$15 Million Investment in the Primary Production and Processing of Rice

Project Overview


¡ Demsa Integrated Rice Production Project is a greenfieldinvestment opportunity in the primary production andprocessing of rice paddy into polished rice for consumption.

¡ The company has acquired 5,000 hectares of arablefarmland for mechanized rice cultivation and the installationof an integrated rice mill for the production polished rice.

¡ The construction of a 40,000 tons per annum rice mill and aparboiling plant will commence in January 2020, while thefarmland will be developed in different Lots.

Key Summary

¡ Development of Lot 1:¡ Development of 1,240 hectares of arable land¡ Installation of a 4,000 ton silo storage facility


Updated: 2019



[email protected]

Project Sponsor H&W Rice Derivatives Ltd



Product Polished Rice

Project Location Adamawa State

Project Size US$21 m (Lot 1)

Capital Sought US$15 m (Lot 1)

Revenues Available on request

Operating Profit Available on request

Documents Available

Business plan & financial model, detailed feasibility study, detailed design report, detailed irrigation design, land lease agreement, EIA certificate, water use permit, Audited Financial Statement

Source: AAR Invest Limited

Investment Impact

Kashimbilla Irrigation ProjectInvestment in the Irrigation Component of the Dam

Project Overview


¡ Kashimbilla multipurpose buffer dam project is an earth filleddam with a pile of compacted earth composed of quarriedrock extending across River Katsina Ala.

¡ The dam has a reservoir capacity of 500 Million cubic meters,an installed hydropower capacity of 40MW, fully installedtransmission line for power evacuation, with potentials toirrigate 2,000 hectares of farm land, water supply of 60,000cubic meters per day and for aquaculture and fisheries.

¡ The dam structure and the hydropower plant has beenconstructed and installed.

Key Summary

¡ Engage strategic investors/partners for the design, finance,construction, operations and maintenance of the irrigationcomponent of the project under a concession agreement.


Updated: 2019



[email protected]

Investment Impact

Project Sponsor Federal Ministry of Water Resources

Project Category Greenfield


Product Farm Produce

Project Location Taraba State

Project Size TBD

Capital Sought TBD

Revenues TBD

Operating Profit TBD

Documents Available Project design and feasibility study

Source: PPP Unit, Federal Ministry of Water Resources

Integrated Oil Palm ProjectInvestment in the Development of a Oil Palm Plantation and Mill

Project Overview


¡ Ondo Oil Palm project is the development of an integratedoil palm plantation, including nurseries for seedlings and millsfor processing of the oil palm product.

¡ The project has acquired 14,000 hectares of farm land for thedevelopment of the oil palm plantation - 10,000 hectares forthe oil palm plantation, nurseries and mills, and 4,000hectares to support out-growers.

Project Sponsor SAO Agro Limited



Product Oil Palm

Project Location Ondo State



Revenue Available on request


Documents Available

Prefeasibility study and Feasibility Study (being developed)

Key Summary

¡ Engage a technical and financial investor in thedevelopment of an integrated oil palm plantation.


Updated: 2019



[email protected]

Investment Impact

Source: SAO Agro Limited

Adani Staple Crop Processing Zone – Enugu StateInvestment in the Development of a Staple Crop Processing Zone

Project Overview


¡ The Adani Staple Crop Processing Zone (SCPZ) in Enugu Stateis an agro-processing cluster located in a high-foodproduction area that integrates production, processing, andend markets.

¡ The SCPZ provides investment opportunities in cassava andrice farming and processing. Rice is already grown on acommercial scale in many parts of the state, including Adani.

¡ The Land for the SCPZ has been earmarked at Adani in theUzo-Uwani Local Government Area, near the borderbetween Anambra and Kogi States

Project Sponsor Enugu State Government



Product Cassava, rice, etc.

Project Location Enugu State


Capital Sought Rice - US$15 m, Cassava - US$30 m, Infrastructure – US$54 m



Documents Available

Concept feasibility study and master plan

Key Summary

¡ Rice: Investors can capitalize on Nigeria’s domestic riceproduction gap and invest $15 Million in an integrated ricefarm and mill.

¡ Cassava: Opportunity to invest $30 Million in farming andprocessing of cassava to starch or sweetener, etc.

¡ Infrastructure: there are opportunities to invest $54 Million toprovide power, water, roads, and other auxiliary agricultureservices to the SCPZ.


Updated: 2019



[email protected]

Investment Impact

Source: Enugu State Government

Gafan Staple Crop Processing Zone – Kano StateInvestment in the Development of a Staple Crop Processing Zone

Project Overview


¡ The Gafan Staple Crop Processing Zone (SCPZ) in Kano Stateis an agro-processing cluster located in a high-foodproduction area that integrates production, processing, anda competitive operating environment for investors.

¡ The State Government has committed to building a powerplant in the area to supplement power supply to the SCPZ.

¡ The State is the third largest commercial center in thecountry, with serviced roads connecting to Abuja and otherstates, a rail link from Lagos to the North, an internationalairport and the largest irrigation network in the country.

Project Sponsor Kano State Government



Product Tomatoes, rice, sorghum, etc.

Project Location Kano State


Capital SoughtTomatoes – US$5 m, Rice - US$15 m, Sorghum - US$1 m, Infrastructure –US$48 m



Documents Available


¡ Tomatoes: Invest US$5 million in an integrated commercialtomato farm and processing facility.

¡ Rice: Capitalize on Nigeria’s domestic rice production gapand invest US$15 million in an integrated rice farm and mill

¡ Sorghum: Invest US$1 million in the processing of sorghumflour extruder plant.

¡ Infrastructure: Invest US$48 million to provide power, water,roads, and other auxiliary agriculture services to the SCPZ.


Updated: 2019



[email protected]

Investment Impact

Source: Kano State Government

Epe Staple Crop Processing Zone – Lagos StateInvestment in the Development of a Staple Crop Processing Zone

Project Overview


¡ The Ikorodu-Epe Corridor SCPZ in Lagos State is designed tohelp investors capitalize on the State’s favorable conditionsfor agribusiness and large markets. The state policies aim tosupport both large and small scale agribusinesses.

¡ Lagos is the commercial, industrial hub and a key driver forNigeria’s economy, housing over 90% of Nigeria’s financialcompanies with population of over 20 million and a growthrate of about 6% per annum, providing ready skilled, semi-skilled, and unskilled labor for business and ready market forproducts.

Project Sponsor Lagos State Government



Product Fisheries, Rice, Cassava, etc.

Project Location Lagos State


Capital SoughtFisheries – US$3 m, Rice - US$15 m, Cassava - US$36 m, Infrastructure –US$48 m



Documents Available


Key Summary

¡ Fisheries: Invest US$3 million in cage cultures, fish feedproduction, and fish processing.

¡ Rice: Invest US$15 million in an integrated rice farm and mill¡ Cassava: Invest US$36 million in farming and processing of

cassava to starch or sweetener, etc.¡ Infrastructure: Invest $48 Million to provide power, water,

roads, and other auxiliary agriculture services to the SCPZ.


Updated: 2019



[email protected]

Investment Impact

Source: Lagos State Government

Omor Staple Crop Processing Zone – Anambra StateInvestment in the Development of a Staple Crop Processing Zone

Project Overview


¡ The Omor SCPZ is an agro-processing cluster located in ahigh-food production area that integrates production,processing, and end markets, while providing investors acompetitive operating environment.

¡ The state has a large domestic market base with surplus landavailable for agricultural development and about 70% of thestate’s labor force engaged in agriculture.

¡ The state government has pursued multiple initiatives toincentivize the private sector in agricultural investments.

Project Sponsor Anambra State Government



Product Rice, Cassava, etc.

Project Location Anambra State


Capital Sought Rice - US$15 m, Cassava - US$30 m, Infrastructure – US$52 m



Documents Available


Key Summary

¡ Rice: Invest US$15 million in an integrated rice farm and mill¡ Cassava: Invest US$30 million in farming and processing of

cassava to starch or sweetener, etc.¡ Infrastructure: Invest US$53 million to provide power, water,

roads and other auxiliary services to the SCPZ


Updated: 2019



[email protected]

Investment Impact

Source: Anambra State Government

Badeggi Staple Crop Processing Zone – Niger StateInvestment in the Development of a Staple Crop Processing Zone

Project Overview


¡ The Badeggi Staple Crop Processing Zone (SCPZ) in NigerState is about 4 km from Highway A124 and about 15 kmfrom Bida town, providing access to banking, financial,recreational, and logistics support. The site is surrounded byagricultural land and is adjacent to the railway tracks.

¡ The state has a long history of processing rice, with 8 riversand large expanses of wetland suitable for rice farming. Only25% of the irrigable land has been developed.

¡ As the “Power House” of Nigeria, Niger state generatespower supply from 3 large hydro-electric dams.

Project Sponsor Niger State Government



Product Rice, etc.

Project Location Niger State


Capital Sought Rice - US$15 m, Infrastructure – US$33 m



Documents Available


Key Summary

¡ Rice: Invest US$15 million in an integrated rice farm and mill.¡ Infrastructure: Invest US$33 million to provide electricity

connections, roads and drainage, and other auxiliaryagriculture services to the SCPZ.


Updated: 2019



[email protected]

Investment Impact

Source: Niger State Government

DrugStoc E Hub Limited$3 Million Investment in the Expansion of a Pharmaceutical Distribution Company

Project Overview


¡ DrugStoc is a pharmaceutical distribution company thatprovides licensed health providers unhindered access tothousands of pharmaceutical and medical products. Thecompany utilizes an online platform to receive orders fromcustomers and track delivery, to eradicate 25% prevalence offake drugs within the pharmaceutical supply chain, createjobs, improve the health and well-being of the population.

¡ The company was incorporated in 2015 and ran a pilotscheme for a year. So far, the company has served between8 – 10 million people through its partners and clients.

Key Summary

¡ The investment in the company will be utilized as follows:¡ IT platform expansion¡ Logistics infrastructure including warehousing¡ Human Resources and seed capital for inventory


Updated: 2019



[email protected]

Investment Impact

Project Sponsor DrugStoc E Hub Limited


ISIC4772 - Retail sale of pharmaceutical and medical goods, cosmetic and toilet articles in specialized stores

Product Medical Products


Project Size US$3 m


Revenue TBD


Documents Available

Financial model and Audited Financial Statements

Source: DrugStoc E Hub Limited

Kashimbilla Multipurpose Dam ProjectInvestment in the Management of the Multipurpose Dam

Project Overview





Key Summary

¡ Engage strategic investors/partners for the operations,maintenance and management of the multipurpose damunder a concession agreement.


Updated: 2019



[email protected]

Investment Impact



ISIC 3600 - Water collection, treatment and supply

Product Raw water management


Project Size TBD

Capital Sought TBD

Revenue TBD




ICE Solar Commercial Power$5 Million Investment in a Renewable Energy Company

Project Overview


¡ ICE Solar is a technology enabled renewable energy providerwhich specializes in the design, installation and finance ofsolar micro grids for SME clusters housed within commercialplazas.

¡ The company provides full capital expenditure financing andfull maintenance plans for its installed systems, and creates apipeline of reliable off-grid solutions that directly impacteconomic growth.

¡ Currently, the company supplies power to about 50 clients inEdo, Delta, Lagos, Ondo States.

Key Summary

¡ There are several investment opportunities to power severalinstitutions including the following:

¡ Provide the Usman Danfodiyo University Teaching,Sokoto with 1.7MW of solar power

¡ Provide 300 commercial plazas with 1.2MW of solarpower with potentials to expand the pipeline to 3,000commercial plazas. The projects are located in Edo,Ondo and Delta States.


Updated: 2019



[email protected]

Investment Impact

Source: ICE Solar Commercial Power

Project Sponsor ICE Solar Commercial Power


ISIC 3510 - Electric power generation, transmission and distribution

Product Solar power

Project Location Edo, Delta, Lagos, Ondo and SokotoStates

Project Size US$3 m




Documents Available

Load demand assessment, business plan, financial model and Audited Financial Statements

Kingline Thermal IPP $600 Million Investment in a Renewable Energy Company

Project Overview


¡ Kingline Thermal IPP is a greenfield gas power plant in OndoState Industrial Park, adjacent to the Omotosho Power Plantwith a proposed capacity of 550 MW.

¡ The electricity generated will be evacuated from a newlybuilt transmission line located about 2km from the project site.The project has executed a gas agreement with shell to tapinto the Escravos – Lagos gas pipeline located about 1.5kmto the project site to meet its gas demand.

Key Summary

¡ Engage a strategic financial and technical investor for aninvestment opportunity in the construction and procurementof the thermal plant.


Updated: 2019



[email protected]

Investment Impact

Source: SAO Capital

Project Sponsor SAO Capital



Product Electricity






Documents Available

Environmental Impact Assessment, Evacuation study, approval documents from NERC, TCN and NBET

Kashimbilla Hydropower ProjectInvestment in the Operations & Maintenance of the Hydropower Plant

Project Overview





Key Summary

¡ Engage strategic investors/partners in the operations andmaintenance of the hydropower plant under a concessionagreement.


Updated: 2019



[email protected]

Investment Impact




Product hydropower


Project Size TBD

Capital Sought TBD

Revenue TBD




Otukpo Hydropower ProjectInvestment in the Dam Structure and Hydropower Component of the Dam

Project Overview


¡ Otukpo Multipurpose Dam is an earth dam with a reservoircapacity of 400 Million Cubic Metres with a surface area ofabout 4,500 hectares.

¡ The dam has the potentials to irrigate over 8,000 hectares ofarable land and the capacity to generate 360MW ofelectricity.

¡ The dam structure is 70% completed.

Key Summary

¡ Engage strategic investors/partners under a concessionagreement for the following opportunities:

¡ The completion of the dam structure and civil works.¡ Design, finance, construction, operations and

maintenance of the hydropower plant.¡ Install the transmission network for power evacuation.


Updated: 2019



[email protected]

Investment Impact




Product Hydropower

Project Location Benue State

Project Size TBD

Capital Sought TBD

Revenue TBD




Bawarku Hydropower Project Investment in the Dam Structure and Hydropower Component of the Dam

Project Overview


¡ The proposed Bawarku hydropower project has the potentialsto generate over 180MW of electricity. The hydropower plantwill be located in Kwande Local Government Area (LGA)while the reservoir will cover two local government areas,Kwande LGA and Katsina-Ala LGA in Benue State.

¡ The river expected to feed the dam is the largest left banktributary of the Benue river basin and flows mostly throughBenue State. The source of the river is the Bamenda Highlandsin north-western Cameroun.

Key Summary

¡ Engage strategic investors/partners under a concessionagreement for the following opportunities:

¡ The construction of the dam structure and civil works.¡ Design, finance, construction, operations and

maintenance of the hydropower plant.¡ Install the transmission network for power evacuation.


Updated: 2019



[email protected]




Product Hydropower

Project Location Benue State

Project Size TBD

Capital Sought TBD



Documents Available Outline Business Case

Investment Impact


Sahara Power Group – Rivers IPP $50 Million Investment Opportunity in a New 180MW Simple Cycle Power Plant

Project Overview


¡ Rivers IPP is an Operations and Maintenance (O&M)company that services the power industry. The companygenerates using a simple cycle gas power plant andevacuates power to the national grid.

¡ Currently, the company has an installed capacity of 180MWin Rivers State.

Key Summary

¡ Engage a strategic financial and technical investor for aninvestment opportunity in the expansion of its currentgenerating capacity from 180MW to 540MW


Updated: 2019



[email protected]

Project Sponsor Sahara Power Group – Rivers IPP



Product Electricity

Project Location Rivers State





Documents Available

Feasibility studies, business plan, Audited Financial Statements

Investment Impact

Source: Sahara Power Group

Sahara Power Group – Ikeja IPP $54 Million Investment Opportunity in an Electricity Distribution Company

Project Overview


¡ Ikeja Electric (IE) runs Nigeria's largest and most critical powerdistribution network in terms of its industrial revolution as itserves the majority of commercial and industrial customers inthe nation.

¡ The company currently has almost 1,000,000 customers underits coverage with huge potentials for expansion.

Key Summary

¡ Engage a strategic technical and financial partners for aninvestment opportunity in the following areas:

¡ Rehabilitation and development of the existingdistribution network

¡ Expansion of the network to accommodate morecustomers


Updated: 2019



[email protected]

Project Sponsor Sahara Power Group – Ikeja IPP



Product Electricity






Documents Available


Investment Impact


Sahara Power Group – Egbin Phase II$1.6 Billion Investment Opportunity in a State-Of-The-Art Gas Power Plant

Project Overview


¡ Egbin Phase II is a greenfield project for a new power plant. Itwill involve the engineering design, construction,commissioning and operation of a 1500-1900MW capacitygas combined cycle power plant.

¡ Upon completion, the plant will be one of the largest andmost advanced gas power plant in Africa. The plant wouldhave high operating efficiency resulting in lower operatingcosts and carbon emissions returning a relatively higherrevenue stream than similar classed plants.

Key Summary

¡ Engage a strategic financial and technical investor for aninvestment opportunity in the construction and procurementof the state-of-the-art gas power plant.


Updated: 2019



[email protected]

Project Sponsor Sahara Power Group – Egbin Phase II



Product Electricity


Project Size US$1.6 b

Capital Sought US$1.6 b



Documents Available


Investment Impact


Calabar Generation CompanyInvestment in the Acquisition of a Gas Turbine Power Plant

Project Overview


¡ The Calabar power plant is an open cycle gas turbine powerplant built to accommodate future conversion to combinedcycle gas turbine (CCGT) configuration.

¡ The construction works for the 559MW power plant (5 GEFrame 9E Gas Turbines), the transmission network and gaspipeline have been completed and is ready for use.

¡ The supply of gas has been negotiated with Accugas for130mmscf/d. The Gas Supply Agreement (GSA) has beeninitialled and is awaiting resolution of the gas Partial RiskGuarantee (PRG) for execution.

Key Summary

¡ The Federal Government is interest in attracting interestedprivate sector investors and operators for the acquisition ofthe power plant.


Updated: 2019



[email protected]

Investment Impact

Project Sponsor Bureau of Public Enterprise



Product Electricity

Project Location Cross River State

Project Size TBD

Capital Sought TBD



Documents Available

Project design, feasibility study, business plan

Source: Bureau of Public Enterprise

Geregu Generation CompanyInvestment in the Acquisition of a Gas Turbine Power Plant

Project Overview


¡ The Geregu power plant is an open cycle gas turbine powerplant built to accommodate future conversion to combinedcycle gas turbine (CCGT) configuration.

¡ The construction works for the 434MW power plant (3 SiemensV94.2 Gas Turbines), the transmission network and the gaspipeline have been completed and is ready for use.

¡ The gas supply agreement is being negotiated with NPDC/NDWestern through the Gas Aggregation Company of Nigeria(GACN) for 102mmscf/d of gas.

Key Summary

¡ The Federal Government is interest in attracting interestedprivate sector investors and operators for the acquisition ofthe power plant


Updated: 2019



[email protected]

Investment Impact




Product Electricity

Project Location Kogi State

Project Size TBD

Capital Sought TBD



Documents Available



Benin (Ihovbor) Generation CompanyInvestment in the Acquisition of a Gas Turbine Power Plant

Project Overview


¡ The Benin (Ihovbor) power plant is an open cycle gas turbinepower plant built to accommodate future conversion tocombined cycle gas turbine (CCGT) configuration.

¡ The construction works for the 447MW power plant (4 GEFrame 9E Gas Turbines), the transmission network and the gaspipeline have been completed and is ready for use.

¡ The gas supply agreement is being negotiated with NPDC/NDWestern through the Gas Aggregation Company of Nigeria(GACN) for 102mmscf/d of gas.

Key Summary



Updated: 2019



[email protected]

Investment Impact




Product Electricity

Project Location Edo State

Project Size TBD

Capital Sought TBD



Documents Available



Omotosho Generation CompanyInvestment in the Acquisition of a Gas Turbine Power Plant

Project Overview


¡ The Omotosho power plant is an open cycle gas turbinepower plant built to accommodate future conversion tocombined cycle gas turbine (CCGT) configuration.

¡ The construction works for the 451MW power plant (4 GEFrame 9E Gas Turbines), the transmission network and the gaspipeline have been completed and is ready for use.

¡ The gas supply agreement is being negotiated withShell/Giga gas for 100mmscf/d of gas.

Key Summary



Updated: 2019



[email protected]

Investment Impact




Product Electricity


Project Size TBD

Capital Sought TBD



Documents Available



Kashimbilla Water Supply ProjectInvestment in a Water Treatment Plant

Project Overview



¡ The dam has a reservoir capacity of 500 million cubic meters,an installed hydropower capacity of 40MW, fully installedtransmission line for power evacuation, with potentials toirrigate 2,000 hectares of farm land, water supply of 60,000cubic meters per day and for aquaculture and fisheries.


Key Summary

¡ Engage strategic investors/partners for the design, finance,construction, operations and maintenance of a 60,000 cubicmeters water treatment plant for processing raw water indrinking water under a concession agreement.


Updated: 2019



[email protected]

Investment Impact




Product Drinking water


Project Size TBD

Capital Sought TBD

Revenue TBD




Kashimbilla Aquaculture & Fishery ProjectInvestment in the Aquaculture and Fishery Component of the Dam

Project Overview





Key Summary

¡ Engage strategic investors/partners in the design, finance,operations and maintenance of the aquaculture and fisherypotentials of the dam reservoir under a concessionagreement.


Updated: 2019



[email protected]

Investment Impact



ISIC0322 - Freshwater aquaculture

Product Fish and related products


Project Size TBD

Capital Sought TBD

Revenue TBD




Kano Economic CityInvestment in the Development of an Integrated City

Project Overview


¡ Kano Economic City (KEC) Project is a Public-PrivatePartnership between Kano State Government and Brains andHammers, strategically located within close proximity to themajor route leading to Kaduna, Jigawa, Katsina and otherneighboring states

¡ The project includes the construction of an economic city on117 hectares of land in Kano State, and would include over80,000 square meters of mega wholesale & retails warehousesas well as circa 8,00 shops and stalls, including other auxiliaryfeatures such as trailer & passenger motor parks, etc.

Key Summary

¡ The Kano Economic City is interested in engaging the privatesector for investment in the development of the followingclusters:

¡ Shops, Warehouses and Open Market Areas¡ ICT Hub and Pharmaceutical Market¡ Textile Market, Agri Hub and Logistics Hub¡ Mini Trailer Park, Auxiliary Infrastructure (including power

supply, water supply, waste management, etc.)


Updated: 2019



[email protected]

Investment Impact

Project Sponsor Brains and Hammers Estate Limited


ISIC 4290 - Construction of other civil engineering projects

Product Economic city

Project Location Kano State

Project Size $72 m

Capital Sought TBD

Revenue TBD



Source: Brains and Hammers Estate Limited

Enyimba Economic CityInvestment in the Development of the Clusters in an Economic City

Project Overview


¡ Enyimba Economic City (EEC) is an integrated economic cityof 9,464 hectares, connecting 9 states of south-south / south-east within 150km radius and captive population of about 60million. The first phase is fully designed and ready for investors.

¡ The city is within close proximity to both Onne and PortHarcourt sea ports. It would also have close proximity to theupcoming Ibom deep sea port when constructed.

¡ The new city is within close proximity to three existing airports–Owerri (56km), Port Harcourt (44km), Uyo (40km).

Key Summary

¡ EEC is interested in engaging private sector investors in thedevelopment of the following clusters:

¡ Logistics and inland port¡ Trailer park and wholesale market¡ Auxiliary services including power supply, water supply,

waste management, etc.¡ Industrial township¡ Education city, health city, entertainment, etc.


Updated: 2019



[email protected]

Investment Impact

Project Sponsor Enyimba Economic City Development Company


ISIC 4290 - Construction of other civil engineering projects

Product Economic City

Project Location Abia State

Project Size US$138.9 m

Capital Sought Available on request



Documents Available


Source: Enyimba Economic City Development Company

River Basin Development Authority Investment in the Operations and Maintenance of the River Basins

Project Overview


¡ River Basin Development Authorities (RBDAs) are governmentagencies responsible for the management of water resourcesfor agriculture, water supply, electricity generation, and otheruses.

¡ The RBDAs own untapped resources with the followingfeatures: (i) Agricultural potentials - over 3.14 million hectares(about 100,000 currently developed), fishery, piggery &poultry development, etc. (ii) Small to large scale hydro-electric power generating capacity. (iii) Surface and groundwater resources estimated at 250 billion cubic meters, largedam facilities and other water assets.

Key Summary

¡ Engage strategic investors/partners in the operations andmaintenance of four RBDAs and its assets, under aconcession agreement. The RBDAs identified for concessionare as follows: Sokoto-Rima RBDA, Upper Niger RBDA, Ogun-Osun RBDA and Niger-Delta RBDA.

¡ The RBDA assets includes landed assets, residential andcommercial buildings, large dam facilities and other waterassets, heavy duties plants, machinery and equipment, non-core complementary businesses – guest houses etc.


Updated: 2019



[email protected]




Product Raw water and other assets

Project Location Different locations

Project Size TBD

Capital Sought TBD



Documents Available Feasibility study

Investment Impact


Bank of AgricultureInvestment in the Acquisition of an Agriculture Bank

Project Overview


¡ Bank of Agriculture (BOA) Limited is a government sponsoredbank that provides credit facilities to both small and largescale farmers and small businesses in rural areas. The bank’smandate includes the following: (i) Provision of agriculturalcredit to support all agricultural value chain activities andnon-agricultural micro credit and savings mobilization. (ii)Capacity development through promotion of co-operatives,agricultural information systems, and the provision oftechnical support and extension services.

¡ The BOA has 6 zonal officer and 136 branches nationwide.

Key Summary

¡ The Federal Government is interest in the privatization of theBank of Agriculture.


Updated: 2019



[email protected]

Investment Impact



ISIC6492 - Other credit granting

Product Credit facilities for farmers

Project Location Different Locations

Project Size TBD

Capital Sought TBD



Documents Available Feasibility study


Lubcon LimitedInvestment in the design and construction of a Modular Refinery

Project Overview


¡ Lubcon is an ISO certified Oil and Gas Company into themanufacturing of lubricants & greases with processing plantsin Ethiopia, Ghana and Nigeria. The company has subsidiariesthat are into engineering fabrication, logistics, petroleumproduct distribution, etc.

¡ In 2017, Lubcon was appointed as the official lubricantblender by Nigerian National Petroleum Corporation (NNPC)for over 700 outlets around the country.

Key Summary

¡ Lubcon is interested in engaging with technical and financialfor an investment opportunity in the design and constructionof 20,000 – 30,000 bpd modular refinery for the production ofbase oils, bitumen, diesel and LPFO.


Updated: 2019



[email protected]

Investment Impact

Project Sponsor Lubcon Limited


ISIC 3520 - Manufacture of gas; distribution of gaseous fuels through mains

Product Base oils, bitumen, diesel and LPFO.

Project Location Calabar, Ibom Industrial City or Lagos





Documents Available Concept note

Source: Lubcon Limited