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NACCIMA Unveils $150M Digital Investment Portal, Sets Bold Agenda at INFRACON 2026
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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‘Ombugadu Is a Brand, Not a Title’ — PDP Chieftain
By Emmanuel Kuza
A chieftain of the Peoples Democratic Party (PDP) in Nasarawa State, Abuga Ovie, has described the name Ombugadu as a political brand, saying the popularity and wide acceptance of the name have made David Emmanuel Ombugadu a major force in the state’s political landscape.
Ovie, who stated this in an interview on Tuesday, said what started as opposition from some of Ombugadu’s biological brothers and people he described as fathers and uncles who betrayed him for personal political interests had now assumed a wider dimension, with political parties allegedly joining the battle against him.
According to him, the latest development was an attempt to undermine the political value of the Ombugadu name by presenting another person with the same surname, describing it as an indication of how far some political actors were prepared to go to weaken the PDP governorship candidate.
“Ombugadu is a brand, not a title. The people are not fools. They know their own. You cannot simply bring another person bearing the same name and expect the people to forget the political identity that Ombugadu has built over the years,” he said.
He further alleged that a former governor was working to introduce a political associate who had served as Accountant-General of Nasarawa State into the political equation, with the alleged objective of destabilising the PDP and weakening its chances by ensuring that the party fields a less competitive candidate in 2027.
“The plan, as we understand it, is to destabilise the PDP and make sure the party presents a weak candidate, thereby creating an advantage for the former governor’s preferred candidate. But all those efforts have proved abortive because the national leadership of the PDP stood its ground and refused to lose its best bet for the 2027 governorship election,” Ovie said.
The PDP chieftain said the resolve of the national leadership to retain Ombugadu had demonstrated the confidence the party had in his capacity to win the governorship election, despite what he described as attempts by some political actors to frustrate his ambition.
Ovie urged political parties and their leaders to resolve their internal differences instead of concentrating their efforts on Ombugadu, whom he compared to David in the Bible, saying he remained focused despite betrayal and opposition from those close to him.
“Ombugadu is like David in the Bible. Even when his brothers forsook him, he remained focused. Today, despite the people who have betrayed him, he remains focused and has a blueprint that can rescue Nasarawa State,” he said.
He said political parties should concentrate on presenting their programmes and convincing voters about how they intend to address the challenges confronting the state rather than expending their energy on attempts to stop Ombugadu.
“Political parties should fix their problems instead of wasting their strength fighting Ombugadu. Let everybody bring their blueprint before the people and explain what they intend to do for Nasarawa State,” he said.
Ovie maintained that the 2027 election should be about ideas, competence and the future of Nasarawa State, rather than attempts to manipulate political structures or undermine individuals perceived to enjoy strong grassroots support.
He urged the people of the state, particularly the Eggon community, to remain politically vigilant and resist what he described as efforts to make them settle for less, insisting that voters would ultimately determine who enjoys their confidence at the polls.
Reduce repeated references to Ombugadu
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200 widows benefit from empowerment outreach in Plateau
By Israel Adamu, Jos
Two hundred widows from communities across Langtang North Central State Constituency of Plateau State have benefited from an empowerment outreach organised by Gimbiya Gani Nandir Lar under the Jagoran Talakawa movement.
The outreach, held at Pilgani in Langtang North Local Government Area, was aimed at supporting vulnerable women and drawing attention to the challenges faced by widows, particularly those struggling to provide food, pay school fees and meet other basic needs for their families.
The organiser, Nandir Lar, who is the All Progressives Congress, APC, candidate for Langtang North Central State Constituency, said the gesture was motivated by compassion and concern for vulnerable members of the society.
She stressed that the outreach was not a political programme but an expression of love and support for humanity.
Nandir Lar said: “The plight of widows may not always make headlines, but their struggles are real, painful and deserving of our collective attention.
“This is simply an expression of compassion and love for humanity. It is not a political programme.
“Our constituency is home to people with diverse needs, including mothers, widows and young people who are seeking opportunities to improve their lives.”
Former Provost of the Federal College of Education, Pankshin, Amos Chirfat, commended the initiative, saying it had brought smiles to the faces of vulnerable women in the constituency.
Minority Leader of the Langtang North Legislative Council, Dirya Sheni, also commended Nandir Lar for supporting widows and other vulnerable members of the community.
At the end of the outreach, each of the 200 beneficiaries received a 10-kilogramme bag of corn flour, seasoning and N10,000 cash
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SCUML, REDAN Strengthen Collaboration on Anti -Money Laundering Compliance
By Francis Wilfred
The Special Control Unit against Money Laundering (SCUML), and the Real Estate Developers Association of Nigeria (REDAN) have expressed commitment to ensure a full compliance with the Anti Money Laundering/Counter Finance on Terrorism/Counter Proliferation Financing, (AML/CFT/CPF) laws within the Nigeria’s real estate sector.
They made the resolve during a stakeholders’ engagement held on Thursday, September 10, 2026
The engagement focused on Mutual Evaluation readiness, risk-based supervision, beneficial ownership transparency, customer due diligence, internal controls and stronger collaboration between SCUML and the real estate sector.
Assistant Commander of the EFCC, ACE 1 Ibinabo Amachree, speaking on behalf of SCUML highlighted the strategic role of real estate operators in protecting the integrity of Nigeria’s financial system, particularly given the sector’s vulnerability to money laundering and other financial crime risks.
Amachree encouraged REDAN members to move beyond registration to ensure that compliance is embedded in their day-to-day operations. He mentioned the areas to include: understanding institutional risks, knowing customers and beneficial owners, identifying politically exposed persons, conducting appropriate sanctions screening, maintaining effective internal controls and meeting applicable reporting obligations
He, therefore, reaffirmed readiness to working closely with REDAN and other stakeholders to improve compliance, build capacity and promote a stronger culture of accountability across the real estate sector
“The message is clear: effective compliance is not just about meeting regulatory requirements; it is about protecting businesses, strengthening the real estate sector and safeguarding the integrity of Nigeria’s financial system”, she said.
In his remarks, the Chairman of REDAN, Lagos state, Mr Tony Kolawole pledged readiness to partner with SCUML in ensuring compliance with AML/CFT/CPF in the real estate sector to uphold financial integrity.
The engagement also provided an opportunity for REDAN members to share practical regulatory and operational challenges affecting the sector, reinforcing the importance of continuous dialogue between regulators and industry stakeholders.
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