LAGOS, Nigeria (VOICE OF NAIJA)-Foreign investors bypassed 26 states as Nigeria’s capital importation surged to $2.60 billion in the second quarter of 2024, marking a significant 152.81 percent increase compared to $1.03 billion in the same period last year.
This information comes from the latest capital importation report for Q2 2024, released by the National Bureau of Statistics on Tuesday.
The number of states without any recorded investments fell slightly from 27 in Q2 2023 to 26 in Q2 2024.
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Lagos State remained the top destination for foreign capital, attracting $1.37 billion, or 52.52 percent of total inflows.
Abuja followed closely with $1.24 billion, representing 47.48 percent of total inflows.
The 26 states that did not receive any foreign investments during this period are
1. Bauchi, 2. Bayelsa, 3. Benue, 4. Borno, 5. Cross River
6. Delta, 7. Ebonyi, 8. Edo, 9. Enugu, 10. Gombe, 11. Imo
12. Jigawa, 13. Kaduna, 14. Kano, 15. Katsina, 16. Kebbi
17. Kogi, 18. Kwara, 19. Nasarawa, 20. Osun, 21. Oyo
22. Plateau, 23. Sokoto, 24. Taraba, 25. Yobe, 26. Zamfara