Nigeria presented 65 investment projects worth about US$78.5 billion to investors at the IMF–World Bank Annual Meetings in Bangkok on 14 October 2026. That figure is what the projects need, not money already committed, and a project that looks fundable in a pitch deck is not yet ready to build. Before any of these projects can lawfully break ground, it has to clear Nigeria’s environmental rules: an environmental impact assessment (EIA) under the EIA Act where the project is likely to significantly affect the environment, approval of that assessment, and the permits NESREA and state agencies enforce. For investors, those checks belong in due diligence, before the money moves, not after.
Does Every Project in Nigeria Need an EIA?