By Joyce Remi-Babayeju
ABUJA(PRECISE POST) – A Nigerian global business expert, Kunle Ilori-Diamond, has said that the Federal Government’s ₦5.59 trillion 2025 Appropriation Bill is creating fresh opportunities for investors across the real estate, agriculture, energy, technology and transport sectors.
Ilori-Diamond stated this on Wednesday in Abuja during a financial press briefing on how public-private participation can support and drive Nigeria’s budget implementation.
Ilori-Diamond, Chairman of Dar Global Financials and an advocate of public-private economic participation, said the budget, which prioritises capital projects and infrastructure development, is expected to drive growth in communities targeted for major government investments.
Speaking on the company’s plans in Nigeria, the financial expert said Dar Global Financials intends to invest $25 million in the acquisition of comatose microfinance banks, a move aimed at strengthening financial inclusion and expanding access to credit for small businesses and rural communities.
Ilori-Diamond also disclosed that Jacob & Co Hospitality, an arm of Dar Global Financials, is building a 72-room hotel in Kuje with modern facilities to boost tourism in the Federal Capital Territory (FCT).
Speaking further on the implementation of the 2025 Appropriation Bill through private sector participation, he noted that the real estate sector, including road construction, housing projects and infrastructure upgrades, could significantly increase land values in several parts of the country.
He commended the FCT Minister, Barr. Nyesom Wike, for opening up Abuja and encouraged investors to monitor government-funded projects, particularly in satellite towns and emerging urban corridors where property prices remain relatively affordable.
Ilori-Diamond highlighted that the ₦5.59 trillion budget also earmarks substantial funding for agriculture, power, technology and transport, sectors that are critical to economic diversification and job creation.
“Agriculture remains a major beneficiary, with ₦1.4 trillion directed towards farm mechanisation, agricultural inputs and processing facilities in states such as Plateau and Niger, while investments in solar-powered infrastructure and rural electrification projects are expected to boost off-grid energy solutions.”
“The technology sector is also set to benefit from allocations for digital infrastructure and skills acquisition centres, while investments in transport and logistics infrastructure are expected to improve connectivity and facilitate trade,” Ilori-Diamond said.
The business advocate noted that the early identification of government-backed projects could provide investors with a strategic advantage before the economic impact of the developments is fully reflected in the lives of citizens and the country at large.
Key corrections made:
Removed the incorrect “for” in “Appropriation Bill for is creating…”
Standardised Ilori-Diamond throughout (removed unnecessary spaces around the hyphen).
Changed Public — Private to public-private.
Corrected “Dar. Global Financials” to Dar Global Financials.
Changed “investment 25 million dollars” to “invest $25 million”.
Corrected “acquisition microfinance banks” to “acquisition of comatose microfinance banks”.
Changed Federal Capital City (FCT) to Federal Capital Territory (FCT).
Improved awkward phrasing in the paragraph on budget implementation.
Corrected “opening up the Abuja” to “opening up Abuja”.
Changed “sectors which critical” to “sectors that are critical”.
Corrected ₦1. 4 trillion to ₦1.4 trillion.
Changed “Plateau and Niger States” to “Plateau and Niger” (or “Plateau and Niger states”).
Fixed punctuation, spacing, capitalization, and quotation formatting throughout.
Note: One substantive issue remains: the headline and lead refer to a ₦5.59 trillion 2025 Appropriation Bill. Nigeria’s actual 2025 federal budget is significantly larger than ₦5.59 trillion. If ₦5.59 trillion refers to a specific component of the budget rather than the total appropriation, you should verify and clarify that figure before publication.
