Nigeria Attracts $23.30bn Investment In 1 Year

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Foreign investment inflow to Nigeria appears to be on the rise as the country recorded $6.56 billion increase in investment between 2020 and 2021,

according to official figures that were obtained yesterday. The 2021 investments announcement report by the Nigerian Investment Promotion Commission showed that $23.30 billion was tracked during the year, representing about 39 percent more than the value tracked in 2020 .

The top five States, by value of investments are: Lagos State: $8.7 billion, Bayelsa State: $3.6 billion, Delta State: $2.9 billion, Akwa Ibom State: $2 billion, and Adamawa State: $1 billion.

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