The National Bureau of Statistics on Wednesday released the Capital Importation report for 2018 with the economy attracting a total investment of $16.81bn during the period.

The bureau in the report stated that the total value of capital importation into Nigeria stood at $2,140.08 million in the fourth quarter of 2018. This represents a decrease of 25.05% compared to Q3 2018 and 60.24% decrease compared to the fourth quarter of 2017. Similarly, the total value of capital importation into Nigeria stood at $16,812.47 million in 2018 compared to $12,228.57 million capital imported in 2017. This represents 37.49% growth YoY.

The largest amount of capital importation by type was received through Portfolio investment, which accounted for 70.20% ($11,802.27m) of total capital importation, followed by Other Investment, which accounted for 22.69% ($3,815.53m) of total capital, and the Foreign Direct Investment FDI, which accounted for 7.11% ($1,194.67m) of total capital imported in 2018.

By sector, Capital importation by shares, which is closely related to Equity investment (FDI and Portfolio Investment) dominated 2018 reaching $10,425.18 of the total capital Importation in 2018.

The United Kingdom emerged as the top source of capital investment in Nigeria in 2018 with $6,007.99 million. This accounted for 35.74% of the total capital inflow in 2018.

SOURCE: https://brandspurng.com/2019/02/13/nigerias-economy-attracted-16-8bn-investment-inflow-in-2018-nbs/

Okay.

Good news

.

IN SUMMARY

As compared to 2015 Year on Year you will observe that the higher figures comprises of investments via money market instruments ie T-Bills.

Aka Shashe Banking etc

This means

1. While a record of inflow is made the foreign investors were paid their returns upfront

2. Nigeria lost money through this as the T-Bills etc were used to fund internal debt.

This is why while the figures provided now seem high the economy is saying a totally different thing.

.



https://www.google.com/url?sa=t&source=web&rct=j&url=http://www.nigerianstat.gov.ng/download/760&ved=2ahUKEwiRtM_54rjgAhXeRBUIHRrDDiUQFjAFegQIARAB&usg=AOvVaw07Y4e6P9ObXlFSWOotv_qK

Esseite:
Propaganda...

they have failed to tell you capital importation by shares (treasury bills & bonds) accounts for $10.5bn, which is added debt which would be paid with interest on maturity.

Without incurring debt, we only attracted less than $5bn in a whole year.

Yet. It looks like the country is broke and we can't do without borrowing. Okay ooooooo!

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Encouraging

Ok

since Nairaland mods refuse to help me.
https://www.youtube.com/watch?v=0W7E001GFUs

.

Meaning what? That Buhari is working? Nonsense! Back to Daura!

Propaganda...

they have failed to tell you capital importation by shares (treasury bills & bonds) accounts for $10.5bn, which is added debt which would be paid with interest on maturity.

Without incurring debt, we only attracted less than $5bn in a whole year.

By sector, Capital importation by shares, which is closely related to Equity investment (FDI and Portfolio Investment) dominated 2018 reaching $10,425.18 of the total capital Importation in 2018.

:oa

Wailer over to you ?
Crude is not yet at $100 like under Jona o !
Investment is already doing beta than Jonathan

people still don't understand that all these FDI,MONEY INFLOW INTO OUR ECONOMY,ECONOMY BOOM IS AS A RESULT OF CRUDE OIL PRICE OUR NATURAL RESOURCES. IF BY the end of 2019 crude oil starts selling at let say 97 dollar per barrel or 120 dollar our economy will be so robust and there will enough to steal. check the trend of FDI in Nigeria,even in Africa.

This is good and I commend the regime for their economy policy, not excellent as it's good news any way....



God bless Nigeria.

continue to lie for the slaves, they know nothing they will still vote for old men Buhari/Atiku.

Exaggerated figures. NBS is a scam.

What are the breakdown of the revenue inflow? This is completely incongruent with the reality on ground.APC Buharinomics voodoo economy.

Wailers right now
www.nairaland.com/attachments/8756799_fb1f0a55c8c44c7298d5981821ccfb4b_jpeg_jpeg58f6d13a439ba461f7cf65f69bc60136

Interesting.

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