NEDC Puts Project Portfolio at N1.5 Trillion, Highlights Roads, E-Banking, Mini-Grid
The North East Development Commission (NEDC) says the value of its completed, ongoing and planned projects has reached about N1.5 trillion, covering road infrastructure, bridges, an e-banking initiative and a 50-megawatt mini-grid project.
The commission’s Managing Director, Mohammed Goni, disclosed this on Monday in Abuja during the 2026 ISO Executive Retreat, which runs from September 28 to 30.
Goni said the commission’s completed physical infrastructure projects, including roads and bridges, were valued at about N800 billion, adding that additional projects scheduled for unveiling would raise the overall portfolio to approximately N1.5 trillion.
He stressed that the figures were based on project assessments rather than unsupported declarations.
The managing director identified an e-banking project and a proposed 50-megawatt mini-grid as two major initiatives in the commission’s development programme.
According to him, the e-banking project, scheduled for commissioning in the coming weeks in Adewole, is expected to cost about N200 billion.
He said the mini-grid initiative would also require a similar level of investment, describing the planned deployment as a significant expansion of decentralised energy infrastructure.
“At the last board meeting, we made a very big pronouncement on deployment of mini-grids – 50 megawatts. It is a big one,” Goni said.
He added that the two projects would contribute substantially to the commission’s overall project portfolio.
Goni made the disclosure while addressing senior management staff at the retreat, organised to strengthen leadership ownership of the NEDC’s Integrated Management System and improve its application to programme delivery.
Explaining the purpose of the Abuja retreat, the managing director said it complemented an earlier management retreat held at the Maiduguri Excellence Forum.
He said the Maiduguri session focused on the practical application of institutional processes among staff on Levels 6 to 13, while the Abuja programme was designed for senior management.
According to him, the Abuja retreat centres on leadership accountability, governance, institutional ownership and sustainable project implementation.
Goni added that the management training combined formal learning with practical problem-solving based on real institutional challenges and programme-delivery issues.





