The National Board for Technology Incubation has unveiled an investment and development-finance pipeline exceeding $600m, alongside a proposed solar energy programme targeting one million micro and small businesses across Nigeria.
The Director-General of NBTI, Dr Kazeem Raji, disclosed this on Wednesday while presenting the outcomes of the 2026 NextGen Innovation Challenge at a world press conference in Abuja.
Raji said the investment pipeline comprised a proposed $500m solar energy programme for universities and polytechnics, to be developed in partnership with Gigawatt Global, and a $100m financing opportunity linked to the Tinubu Light Initiative under a memorandum of understanding with Financial Innovation for Impact, UK, also known as Cambridge Investors.
He, however, clarified that the funds had not been fully secured or disbursed, stressing that their realisation would depend on due diligence, financing arrangements, contractual commitments, regulatory approvals and implementation requirements.
“These figures represent proposed investment and financing opportunities and should
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