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Fayemi urges reversal of $14bn investment drop

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Chairman of the Nigerian Governors Forum and Governor of Ekiti State, Kayode Fayemi, has advised the federal and state governments to reverse the $14 billion drop in capital importation this year.

Speaking at the launch of ‘The Book of States’ published by the Nigeria Investment Promotion Commission held in Abuja on Monday, Fayemi observed that capital importation fell by almost 60 per cent, from $24bn in 2019 to $10bn in 2020.

 

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