By Adedapo Adesanya

Some days ago, the National Bureau of Statistics (NBS) released data on Capital Importation into Nigeria in the third quarter of 2019, and an investigation done by Business Post showed that out of the total of $5.368 billion attracted into the country through foreign investments in the period, the South East and North East regions of the nation contributed zero Dollar to the amount.

This means that none of the five states in the South Eastern region of Nigeria; Abia, Anambra, Ebonyi, Enugu, and Imo attracted any form of investment in the third quarter of this year, just like the six states in the North Eastern territory; Adamawa, Bauchi, Borno, Gombe, Taraba, and Yobe.
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A further analysis carried out by Business Post indicated that out of the 36 states and the Federal Capital Territory, Abuja, only eight states brought in foreign investments in the country, while the 29 other states recorded zero capital importation in Q3 ’19.

In the South West, only three out of the six states attracted an aggregate of $4.985 billion, with Lagos State taking the lion share as usual, both in the region and the country as a whole. Lagos attracted investments worth $4.976 billion, followed by Ogun and Oyo States which recorded $7 million and $1.7 million respectively. The trio of Osun, Ondo, and Ekiti contributed nothing.
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Moving to the South-South zone, also known as Niger Delta, only two out of the six states contributed the $860,000 that came in as foreign investment to the region despite being highly rich in crude oil, Nigeria’s main source of foreign exchange. Edo brought in a total of $830,000 followed by Rivers with $30,000 while Delta, Cross River, Bayelsa, Akwa Ibom, and Bayelsa added nothing.

In the North-Central, the input of the FCT at $381.2 million was the only investment that came from the region, while states such as Kogi, Plateau, Kwara, Benue, Nasarawa, and Niger had no foreign investment in the period under review, according to the stats office.

For North West, only Kano and Kaduna States made contributions to capital inflow in Q3 2019, with the latter bringing in $250,000 worth of foreign investments and the former, Kano, raking $160,000. Other states in the geopolitical zone, Sokoto, Jigawa, Kebbi, Zamfara, and Katsina had no inflow into the country.
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According to the NBS, Nigeria recorded a decline in capital importation in the third quarter of 2019. It was stated that the investment inflows of $5.4 million was 7.8 percent lower than the $5.8 billion attracted in the second quarter of this year, but 87.9 percent higher than the Q3, 2018 figures.

https://businesspost.ng/economy/south-east-north-east-attract-0-into-nigeria-in-q3-south-west-rakes-5bn/

Hmmm

So the north east with crippled economy owing to the activities of boko haram is on same contributry level with south east despite the peace?

No wonder, some human beings are always migrating from some barren regions to the fertile one.

All talk and no action.

hahahahaha

A whole developers of the world.

It's really true that empty barrel makes the most noise..

Bazamfare:
Is it why nyamuri flat.heads minority second class citizens have been trooping to Lagos state on a daily basis!!

Who will develop their HIV/erosion ravaged area then?

You created a moniker to insult Igbo on a daily basis? Nyamuri this nyamuri that. Are You sure you are mentally balanced?

Na them make mouth pass, them develop the whole Nigeria but forget their own region

Since the South East-drug cartel has been busted by the FBI in US and Nigeria, don't expect a single dollar into Biafran territory. Even Xmas has been postponed in Biafraland.

valarmorghulis:
Na them make mouth pass, them develop the whole Nigeria but forget their own region

It said, FOREIGN investment. Igbo people investing in Igboland, which happens all the time, does not constitute foreign investment.

Igboland contributed nothing? OK. We have heard.

This is more reason why Fraudgerians should not fret when Biafra is mentioned yet you find Yoromoozlemz and Almajri Northerners screaming like headless chickens if somebody mistakenly says BIAFRA or IPOB.

Bazamfare:
Is it why nyamuri flat.heads minority second class citizens have been trooping to Lagos state on a daily basis!!

Who will develop their HIV/erosion ravaged area then?

How interesting to see northerners who contribute nothing but poverty, disease and death to Nigeria insulting other tribes who are doing better than them even in the remotest part of the northern region?

Foreign investments?

Igbos have taken all the opportunities in their land, foreign investors can't compete with them.

Agboriotejoye:

How interesting to see northerners who contribute nothing but poverty, disease and death to Nigeria insulting other tribes who are doing better than them even in the remotest part of the northern region?

That guy is not a northerner!

[s]

celeiyke:




You created a moniker to insult Igbo on a daily basis? Nyamuri this nyamuri that. Are You sure you are mentally balanced?

[/s]
Very fast in accusing others of exactly what they do. He creates moniker everyday, at least it is once per day. Now compare that with one of you that has created over 180 monikers within 5 weeks.

I can assure you, this thread will be very dry. However, the fact that some region failed to attract investment is not something to celebrate, foreign or local investments in every part of Nigeria would be good for all of us.

Looool
This is why I can’t take the Igbo serious
Very broke people

[s]

rdokoye:


It said, FOREIGN investment. Igbo people investing in Igboland, which happens all the time, does not constitute foreign investment.

[/s]
Explanation! explanation!! explanation!!!

With police, army, and customs suppression, and don't mention the neglect of federal roads and infrastructure, why would anyone expect foreign investment in SE!

Bazamfare:
Is it why nyamuri flat.heads minority second class citizens have been trooping to Lagos state on a daily basis!!

Who will develop their HIV/erosion ravaged area then?

Cornhead grave digger human body part merchant Fulani slaves verbal warriors , shut up , we own Lagos , Lagos is our market, we built that market

Omoodua007:
Looool
This is why I can’t take the Igbo serious
Very broke people

We are not like you afonjas who sell lands to none indigene to build houses and make you tenants in your own lands, we don't need foreign investors in our lands we will invest in our lands ourselves,

helinues:
hahahahaha

A whole developers of the world

Developers getting developed,isn't that contradictory?
We do not need foreign investments,we are the foreign investments others need.
Thats why we are called the DEVELOPERS and CHOSEN people.
This further proves it.

BeLookingIDIOT:

Developers getting developed,isn't that contradictory?
We do not need foreign investments,we are the foreign investments others need.
Thats why we are called the DEVELOPERS and CHOSEN people.
This further proves it.

The joke flew over your head...

BeLookingIDIOT:

Developers getting developed,isn't that contradictory?
We do not need foreign investments,we are the foreign investments others need.
Thats why we are called the DEVELOPERS and CHOSEN people.
This further proves it.

What is this one saying? You do not need foreign investments just like saying African countries do not need financial aid from foreign country.

Stop watching NTA

Agboriotejoye:
[s]
How interesting to see northerners who contribute nothing but poverty, disease and death to Nigeria insulting other tribes who are doing better than them even in the remotest part of the northern region? [/s]

Keep quiet!
They've contribute positively more than flathéads

These revenue that came through Lagos is as a result of politics of the government to dwarf all the port in south south and allow only Lagos port to thrive. These investments you mention above came to which sector, if you do critical analysis on them you will discover that they are mainly oil and gas that want their headquarters to be in Lagos instead of where these gas are explore from. When we say Nigeria need restructuring this is part of it.

BeLookingIDIOT:

Keep quiet!
They've contribute positively more than flathéads

Bros belooking_idiot, go to remote villages in the far north, you'll see so called flat_heads running groceries and medicine shops and thus improving the standard of living of the people there. Without them, those villagers will never have seen what a bottle of coke looks like

this south easterners sef....
for people that contribute nothing,they make noise the most....

By the time Nigeria is restructure Warri port Okrika port (Nigeria first port) Portharcourt port Calabar port will fully be operational and see how Lagos will look like

denko:
These revenue that came through Lagos is as a result of politics of the government to dwarf all the port in south south and allow only Lagos port to thrive. These investments you mention above came to which sector, if you do critical analysis on them you will discover that they are mainly oil and gas that want their headquarters to be in Lagos instead of where these gas are explore from. When we say Nigeria need restructuring this is part of it.

Deepfeel:

Cornhead grave digger human body part merchant Fulani slaves verbal warriors , shut up , we own Lagos , Lagos is our market, we built that market

we are not gonna accept insults from you south easterners no more....
we know you shoutin,you develope everywhere is a farce....

The only zone that feed Nigeria is south south and no other.

obidark:
this south easterners sef....
for people that contribute nothing,they make noise the most....

denko:
By the time Nigeria is restructure Warri port Okrika port (Nigeria first port) Portharcourt port Calabar port will fully be operational and see how Lagos will look like

we have been hearin this bullshitt from una for years and still nothing to show for it....