Borno State economic recovery and investment efforts

Borno State has initiated efforts to transition from humanitarian dependence toward private sector-led growth through various investment frameworks. Following a roundtable in Lagos, the state secured nine investment commitments involving sectors such as banking, telecommunications, and infrastructure. Notable contributions included the Dangote Group allocating N366 million in shares for internally displaced persons (IDPs) and returnees, as well as the Dangote Foundation pledging scholarships for 4,000 girls. Airtel also secured approval to expand telecommunications connectivity in the region.

To build on this momentum, the Borno State Government launched a 90-day framework intended to convert investment interests into bankable projects. During a subsequent engagement in Abuja, officials identified priority sectors for development, including agriculture, livestock, fisheries, manufacturing, renewable energy, and urban infrastructure. International partners, such as the United Nations, the European Union, and the German government, have pledged support, noting that public grants alone are insufficient to address the scale of recovery required after years of insurgency.