Most times when politicians make statements in the newspapers about investments, they mean portfolio investments and not FDI. Sometimes, when they mean FDI the newspapers report portfolio investment.
Both are not the same and both have different consequences.
foreign direct investment, FDI: Investment by foreigners in your country with the aim of actively participating in the daily operational details of the business. They mostly bring in their personnel to man key positions and send incomes abroad often - sometimes to solve international tax problems.
Portfolio investment: Investment by foreigners in your country just for the sake of making profits through corporate bonds, shares etc. These investors are passive and are only concerned about the bottom line.
Understanding what Multinationals want before they make an FDI investment is important.
http://incomeready..com/2014/11/profits-and-economic-growth-for.html
Multinational companies like Nokia, LG, Samsung who have offices and factories in Nigeria are FDI. An investor from abroad who buys Nigerian and Corporate Bonds is investing in Portfolio. Which is better for Nigeria? That is the question our policy makers shy away from.
http://incomeready..com/2014/11/profits-and-economic-growth-for.html
Good day.

Hmmmm