The report revealed that the third quarter inflow of $5.36bn represents a decrease of 7.78 per cent when compared to the second-quarter figure of $5.82bn.The report said the largest amount of capital importation was received through Portfolio investment, which accounted for $2.99bn representing 55.88 per cent of total capital importation.
This is followed by Other Investment, which accounted for $2.16bn or 40.39 per cent of total capital, while Foreign Direct Investment accounted for $200.08m or 3.73 per cent of total capital imported in the third quarter of this year.
This is not true, in fact the borders remain closed till bordering countries meet our conditions, whether investment inflows dropped to zero. Square peg in a round hole. Pls this is not hate speech.
This is not true, we need to tighten the border more, in fact the sea ports will be closed too.
Hmmm. This government is getting it right, are they not? ☹☹☹
Just 460...? Was looking at a Billion dollar 🙄
430m$ who did Nigeria offend
Yahoo yahoo money no dey come again. officialEFCC have stopped the boys. We used to call it 'capital inflows' bla bla bla.
That's the repositioning of the economy by this government. 👏👏👏
Hahahaha..... All hail the great zoo
MBuhari is working hard. As a matter of fact we are rewarding him with another term because of his excellent work on the economy. Those foreign investors are corrupt. Nigeria is no place for them. Our cows need space to move freely.
The investors are 'kwarapt'...
AjuriNgelale
It's audible to the deaf and visible to the blind. If President MBuhari wins another four-year term it will probably mean more political interference in Nigeria’s economy and slower growth, according to research by Bloomberg Economics via bpolitics
Is it happening?
An indication of Buhari's economic sagacity 😜😜😜 Whereas at the peak of boko haram insurgency in 2013 and 2014 Nigeria raked in the highest FDI in Africa.
Next Level...... Baba 4+4
Defiance to the rule of law maybe the reason, investors don't joke like that.
This happens when a certificateless holder is making economic decision which is meant for experts
Now people love NBS stats cos it paints Buhari and APC in bad light but if them say the one wey make Buhari look good, una go disagree
You can't be calling everyone a thief and expect foreigners to invest in your country. You can't be tarnishing the image of one of the most active human resources - the youth at your disposal as lazy and expect the international community to take you very seriously. Never!!
AjuriNgelale, propaganda doesn't build economy, let hope that the government is sincere enough to address the devastating and excruciating economy reality on ground
Punch sabi their audience.
dhhanieey Too small. We are very lucky.
It's not rocket science to understand. The purchasing power of the average Nigerian has dropped considerably. The locally milled 50kg bag of rice is getting closer to ₦25,000. I hope the government acts fast before it gets out of hand.
...and you think we are surprised? Ugh
Baba is working nau
With the darkness in FCT and the delapidation of roads and other infrastructures, who would want to bring their business in Nigeria.
I can bet it with you, by 2nd quarter of next year there won't be any foreign investment in Nigeria anymore. The rulers and gullible politicians will live on borrowings. There is a plan to ground Nigeria. Wake up naija!!
Baba is working
why will it not drop when a clueless president is at the helm I'm suprised there's even anything left called economy
...but ...but ...there is rice in Kano na?
BashirAhmaad and Laurestar will not retweet this
AjuriNgelale how will you spin this stat? GDP still growing?
Theres rice in kano so all is well
Why e no go fall. When there was no 50% provison before closing borders.
RUGA And Border Closure Issa Goal
Because they're corrupt money.
We have Rice in Kano
Despite that our president's office is in air.
Who will invest in a Country where a ta ta ta ta ta ta ta Governor was congratulated by a president with integrity being bandied over knowing quite well that he doesn't have an Atom of one ?
This is lazy journalism. You did not report that the total inflow as at Q3 has surpassed the total figure for 2018. Are you deliberately mischievous or it was a genuine oversight?
GDP is growing!!!!
This government keep setting new record everyday.
OH🤔
What a govt...
No these are all false, just the mind and thought of APC official, but if na gain.... Yes it is true. Deadmenwalking
More investment needed. Drop in inflow is different from reduction of investment/investment withdrawals. No panic.
this shouldn't be news for a government that seems to have a death wish. there are no hard and fast rules, if you are stringent,uncoordinated,oppressive to your people and elevate things that are irrelevant to your economy and people this is the report you will always get.
Find the value of Q nigerianstat , MBuhari