Total Foreign Direct Investment (FDI) stood at $261.35 million in the second quarter of 2018, growing by 5.97 per cent from the first quarter of the same year, but falling by 4.75 per cent when compared with the corresponding quarter of last year.

According to the National Bureau of Statistics’ second quarter capital importation report, FDI represented only five per cent of the total capital importation.


The report added that equity Investment dominated FDI in the second quarter, accounting for 97.85 per cent of total FDI received in the second quarter.

Capital Importation in the form of Other Capital saw significant expansion, from only $5,000 as recorded in Q1 to $5.63 million in Q2, an increase of over 1000 per cent compared to the same period of last year.

http://www.akelicious.net/2018/08/fdi-grows-597-to-26135m-in-q2.html

Nwaforj44:


Total Foreign Direct Investment (FDI) stood at $261.35 million in the second quarter of 2018, growing by 5.97 per cent from the first quarter of the same year, but falling by 4.75 per cent when compared with the corresponding quarter of last year.

According to the National Bureau of Statistics’ second quarter capital importation report, FDI represented only five per cent of the total capital importation.


The report added that equity Investment dominated FDI in the second quarter, accounting for 97.85 per cent of total FDI received in the second quarter.

Capital Importation in the form of Other Capital saw significant expansion, from only $5,000 as recorded in Q1 to $5.63 million in Q2, an increase of over 1000 per cent compared to the same period of last year.

http://www.akelicious.net/2018/08/fdi-grows-597-to-26135m-in-q2.html

...sai baba till 2023
Oya wailers over to u....
God bless Nigeria

See them...

Which of the useless FDI, election don reach them they bring useless statistics show us

This post appeared twice in homepage....

When you have an incompetent corrupt government like the current APC government who spend more time peddlimg lies , propaganda and meaningless stats the result is that they enabke morally bankrupt individuals like Saraki, tambuwal et al to have the confidence to declare for presidency.

I can't blame then , it doesn't take a genius to see how useless and utterly unfot buhari has been.

Look at this nonsense they are celebrating

Inflation is rising steadily in double digits , the currency is weaker than ever, buhari gooated the currency exchange rate to allow his brothers reap huge benefits in capital market forex trading now foreign investors are running away from such an unpredictable and unstable economy.

At times I wonder when I see people shout sai baba if trully they understand the levels of hunger and suffering to come in the next 4 years if buhari wins again

1. More jobs will be lost
2. More foreign investors will devest from Nigeria
3. The dollar will rise futher
4. Insecurity will get worse and buhari will enforce cattle ranching in states
5. Buhari will imorison those he feels will persucute him when he leaves Aso Rock
6. Food prices, house rent, commodities will soar higher in prices
7. He will imoose more monopolies for dangote
8. Nigeria may sink into civil war and Red media will not pay for plane tickets for those of you oaif to post sai baba here so you can escape from the war in Nigeria

Foreign Direct Investment increased and Dollar never drop.

Lols. So the investors are coming with Naira?

Jokers!!!

Total Foreign Direct Investment (FDI) stood at $261.35 million in the second quarter of 2018, growing by 5.97 per cent from the first quarter of the same year, but falling by 4.75 per cent when compared with the corresponding quarter of last year.

Where then is the growth? Or is the sale in TB's/bonds what they allude as growth?

Cajal:
...sai baba till 2023
Oya wailers over to u....
God bless Nigeria

I guess is only u and ur family that is feeling this allege development, not majority of Nigeria my broda

Meanwhile, Esteemed Firstbank Customers, Do you know you can now block your ATM card through the first mobile app if your card gets lost? Click the link to know more.

Wetin concern me?

The anty Buhary and anty APC will not be happy to hear this, them go say who FDI help. The PDP guys don’t want to hear any goodnews about this APC administration shaaa.

OK.... I don't even understand Jack Dia...

But is that good news or bad news?

abokibuhari:
Which of the useless FDI, election don reach them they bring useless statistics show us

But If they had said that buhari destroyed the economy, you would have started jumping up and down with your unrealistic slogan "buhari back to daura"

shurleysky:
The anty Buhary and anty APC will not be happy to hear this, them go say who FDI help. The PDP guys don’t want to hear any goodnews about this APC administration shaaa.

shutup. FDI grew as against what?

Check out our FDI before buhari came to destroy everything.

shurleysky:
The anty Buhary and anty APC will not be happy to hear this, them go say who FDI help. The PDP guys don’t want to hear any goodnews about this APC administration shaaa.

A little education and enlightenment may be helpful here.
FDI is an investment made by an individual or a firm in one country into a business in another country.
I can tell you matter of factly that the bulk of FDI the government is celebrating is made by Nigerians abroad. Take a closer look at the stats yourself, more and more Nigerians are fleeing this country, political instability and insecurity is chasing the few foreigners here away.
Thanks to our strong family set up, Nigerians would always send money back home to support their loved ones.

contigiency:


But If they had said that buhari destroyed the economy, you would have started jumping up and down with your unrealistic slogan "buhari back to daura"

What's the effect on the economy, FDI for which country, the one way I they or the invincible one?


Make you they deceive yourself there

Cajal:
...sai baba till 2023
Oya wailers over to u....
God bless Nigeria

Never measured up to the FDI jonathan left for Buhari.

Buhari was giving the most promising economy in Africa and he destroyed it within 3 years.

Still no impact on the economy

We IPoB juwus rejected by Israel reject this FDI and demand its immediate repatriation.

No real, long term investment until we get an investment friendly leadership. All the FDIs you're hearing are hot money. Since the day it was heard that the dog and baboon croaker had taken over, the real investment went poof...

Dollabiz:
Still no impact on the economy

...because its hot money. No sensible investor brings his sweat to a place where cattle is valued above humans

Obijulius:
Foreign Direct Investment increased and Dollar never drop.

Lols. So the investors are coming with Naira?

Jokers!!!

It's possible Bro. The weaker our currency is relative to other currencies, FDI is bound to increase because foreign investors want to take advantage of our weak currency!

naijapips04:


Never measured up to the FDI jonathan left for Buhari.

Buhari was giving the most promising economy in Africa and he destroyed it within 3 years.

Just shut up with your Jonathan trash! You think you're talking to only dunces here like the Jonathan sycophants, ba? Which promising economy did Ebelemi leave behind? You think we've all forgotten?

What was the FDI Ebelemi left as at May 2015? Can't you read the chart you yourself posted & see how steadily it fell until midway 2015 which was when he left office?
You post chart wey you no sabi interpret! Instead make you ask for help, you come here dey display ignorance!

Ebelemi met Nigeria's GDP growth at 7.68% when he assumed office in 2010 & plunged it to 2.35% when he left office in May 2015! Is that an improvement? Is that what you call a booming economy to you?

You also don't know he also met our foreign reserves at about $50b & plunged it to $28b despite the oil boom in his tenure! Is that also an improvement?

Abeg go rest with trying to launder the image of the ineffectual buffoon jare!

NnamdiEducamia:


It's possible Bro. The weaker our currency is relative to other currencies, FDI is bound to increase because foreign investors want to take advantage of our weak currency!

but with the uncertain investment and political climate


Investments will not flow in as it should

naijapips04:


Never measured up to the FDI jonathan left for Buhari.

Buhari was giving the most promising economy in Africa and he destroyed it within 3 years.

Mr man, go & sit down! You obviously can't interpret charts! You no go school?

From your own chart, what was the value as at May 2015 when Jonathan left office? When you find that out, compare it with the latest value on your chart! When you're done, judge yourself & see whether you intelligent or dull!

Ugosample:


but with the uncertain investment and political climate


Investments will not flow in as it should

You are right, though...

Nwaforj44:


Total Foreign Direct Investment (FDI) stood at $261.35 million in the second quarter of 2018, growing by 5.97 per cent from the first quarter of the same year, but falling by 4.75 per cent when compared with the corresponding quarter of last year.

According to the National Bureau of Statistics’ second quarter capital importation report, FDI represented only five per cent of the total capital importation.


The report added that equity Investment dominated FDI in the second quarter, accounting for 97.85 per cent of total FDI received in the second quarter.

Capital Importation in the form of Other Capital saw significant expansion, from only $5,000 as recorded in Q1 to $5.63 million in Q2, an increase of over 1000 per cent compared to the same period of last year.

http://www.akelicious.net/2018/08/fdi-grows-597-to-26135m-in-q2.html

please stop assaulting our sensibility. Which FDI all we have now is capital flight. Which investor will invest were his investments is not safe. No good infrastructure like good road network. A disorganized and impoverished purchasing power. Irritable electricity supply. Disrespect and flagrant abuse of court orders and rule of. Weak and unstable local currency, deplorable security situation. APC enough of this propanganda!!!!!!