The Nigerian Capital Development Fund (NCDF) has kicked off a groundbreaking $1 billion investment programme focused on accelerating inclusive growth and sustainable development across Nigeria.

According to Executive Chairman Mr. Hareter Babatunde Oralusi, the initiative spans key sectors including affordable housing, renewable energy, agriculture, healthcare, infrastructure, financial inclusion, and startup funding.

“This initiative is more than an investment programme – it is a commitment to unlocking Nigeria’s vast potential by addressing the country’s most pressing development needs through structured capital and impactful partnerships,” Oralusi said.

The fund is being deployed through Public-Private Partnerships (PPPs), blended finance models, and diaspora-driven investments. The affordable housing component includes plans for over 10,000 units under the Diaspora Affordable Housing Programme, while the renewable energy focus aims to boost rural electrification and climate resilience.

In healthcare, NCDF is investing in the expansion of modern facilities and digital platforms. Agriculture initiatives will back agro-processing and value-chain systems to enhance food security.“With this fund, we are creating opportunities for millions of Nigerians while delivering bankable projects that meet global investment standards,” added Oralusi.

NCDF emphasized that the programme aligns with Nigeria’s national development agenda and the UN Sustainable Development Goals (SDGs), with a dual focus on financial returns and measurable social impact.

The fund also invites diaspora communities and global institutional investors to co-finance projects that reshape Nigeria’s future through sustainable, inclusive development.