The pain of the severe dollar shortage is bitting deeper in Africa’s biggest economy as foreign direct investment (FDI) has plunged to $468.91 million, the lowest in at least nine years, according to official data.

Despite its mostly youthful large population and abundant natural resources, Nigeria is finding it increasingly hard to attract investments. New data from the National Bureau of Statistics (NBS) showed that FDI into the country fell by 33 percent in 2022

Experts say for a frontier market with the population of Nigeria, attracting such a low level of foreign investment should be a big worry for the government as it has.......

https://ratecaptain.com/nigerias-fdi-slides-to-468m-lowest-in-nine-years/

All because SW wants "political relevance"?

It's a far cry from the 2008 peak. The demise of oil and gas investment has not been replaced.

Everything about this country is sliding sliding sliding

Buhari the moon walker.

Lordburna2:
Buhari the moon walker.

All we wanna say is that he don’t give a fck about us!

PROUDIGBO:


All we wanna say is that he don’t give a fck about us!

this I have lived with since his first tenure...so m not that surprised.