₦airaland Forum

This is too bad we know you don't want look materialistic but their dress codes and ethics for occasion, this is disrespectful but African don't have standard. He shouldn't have been allowed in.

Very very childish behaviour from a so-called chairman. Well I'm not surprised, APC has reduced the standard of governance to beer parlour and motor garage politics. What a country.

[quote author=Fresky232 post=133251731][/quote]Very precise summary and on point.

A Nigerian man got tongue lashed from Nigerians online after he explained why he abandoned his holiday.

This tax reform bill dey open the yansh of our Northern polithiefians.
No free food for free town

Sam Amadi is a man. Say the truth and the devil 👿 will die. We all know how it goes until there's electoral college in Nigeria.

The fear of jail time. Afe babalola Comes to mind. Though this guy will get was is coming to him. Elrufai plundered kadunas wealth.

I know some will jump into the band wagon. Nigeria is facing security challenges. Tinted glass for every Tom dick and Harry is a no no. I stand with the police on this one.

Another Pathetic Criminal

This is Nigeria, a country politicians think of themself. God will reveal all the wolves in sheep clothing. You guys used Peter Obi's grace to get in there now you are showing that you're Nigerians can't be trusted. Shame.!!!

Before Dangote refinery Nigerian. Government prayed for local players in the oil sector . now
I guess all that was hogwash. The crooks in APC junta wants things to return to status quo.

Ttipsy:
Mba strives in Enugu is yielding results

Hope that's the case

Brand new train breaking down or repainted scrap from Shangai. There was a country


Pictures of the train before.

Now we have started hating each other if this was to be South Africans telling Nigerians leave their country then it is RACISM or XENOPHOBIA but down. Here. TRIBALISM is OK. Things fall apart.

Topman7:
Foolish thread.

Why are you expecting to see foreign investors in every state?

What we need are local Nigerian investors and we are getting them. People are launching new businesses in all those states on a daily basis.

I don’t know where you people get this idea that foreigners being everywhere in the country is a good idea. Rubbish.

Coming from a daft. The local companies are folding up because of lack of basic amenities. DIESEL is very expensive so how will the operate their factory. Brain dead

A total of 32 out of 36 states and the FCT attracted zero capital importation (foreign investment) in the first 9 months of 2024 up from 27 states in the whole of 2023.

This is according to the latest Capital Importation data from the National Bureau of Statistics (NBS) for the third quarter of 2024.

Nigeria’s total Capital Importation for the third quarter (Q3) of 2024 witnessed a 51.90% decline from the previous quarter, falling to $1.25 billion.

This drop, compared to the $2.60 billion recorded in Q2 2024, highlights a sharp contraction in foreign investments despite an overall annual increase of 91.35% from Q3 2023.

According to the data, Nigeria attracted $1.2 billion in the third quarter of 2024 compared to $2.6 billion and $3.3 billion in the second and first quarter of the year respectively.

Total capital importation in the first 9 months of the year totals $7.1 billion compared to $3.9 billion in the whole of 2023.

The significant year-on-year rise in Nigeria’s total capital importation, from $3.9 billion in 2023 to $7.1 billion in 2024, masks the uneven distribution, suggesting that overall growth has failed to translate into widespread economic benefits across states.

The NBS data shows that only Lagos, Ekiti, Enugu, Kaduna and the Federal Capital Territory (FCT) recorded capital importation so far this year.

Lagos State attracted the highest chunk of $4.6 billion followed by the FCT, which recorded $2.39 billion imported in the first 9 months of 2024.

Ekiti State attracted $120 thousand so far with $100 thousand coming in the third quarter of the year and $10 thousand each in the first and second quarter respectively.

Enugu and Kaduna states only attracted capital inflows in the third quarter of the year with $180 thousand and $1.95 million respectively.

Other states like Abia, Akwa Ibom, Anambra, Niger, Ogun, Ondo and Rivers State, which attracted inflows in 2023 are yet to attract inflows this year.

However, states like Bayelsa, Ebonyi, Gombe, Jigawa, Kebbi, Taraba, Yobe, Zamfara are yet to attract any capital.

Analysts have said Lagos and the FCT’s dominance reflects their infrastructure, regulatory environment, and economic activities as opposed to other states.

The absence of inflows in states with significant natural resources or strategic potential points to deeper challenges, including insecurity, lack of investor confidence, and poor governance.

For instance, oil-producing states such as Bayelsa and Rivers failed to attract capital inflows, despite their importance to Nigeria’s economy.
By
Sunday Michael Ogwu
Mon, 9 Dec 2024 10:26:33 WAT

https://dailytrust.com/32-states-fct-record-zero-foreign-investment-in-2024/

What an unserious country. Shehu borno helped buhari to fight terrorist, you all know how it goes, the country is almost dead and until the government start to function then there's no end to this war.

By now agencies like immigration should be rounding up all the illegal chadians, nigeriens Malians etc. A lot of these national are behind terrorism in this country.

Sooner than never

it means this project is not tenable.

Haba tinubu even to do Gods work also is hard in your Junta.

So much propaganda and white washing in APC junta. If you question them now the have you arrested. No matter how a lie is told it still remains a lie.

Cardoso a LAPO banker cum CBN governor. With his numerous policy somersaults this daft is hanging on to his job based on tribal configuration. There was a country.

This maggot has found his voice. Disappointed he did not make APC presidents list of nomination. So he has gone back to his trenches spilling toxic waste from his toxic mouth.

A lot of this sporting bodies are mere conduit for embezzlement. Rugby 🏉 indeed

Didi2d:
I watched the video. Peller still gave her the 500k and gave the other girl 200k.
The girl played smart, though it was obvious during their conversation that Peller would give her the money

Didi2d:
I watched the video. Peller still gave her the 500k and gave the other girl 200k.
The girl played smart, though it was obvious during their conversation that Peller would give her the money

Smart move. Thanks for the update.

Her choice was really dumb. No body knows tomorrow pellet fit kpai and blogging will end. Really dumb, I will take the money if really there's any.

What is the offence here.

Pocket money for our senators to carry Abuja hookup Hoes.
This money is not for capital project.

This Guinea pig will be grilled. Now his claiming that his not aware of his action.

Any revolutionary that does not work with his people will die a chickens death

Rotten bonds. An economy that's almost. Bankrupt. What incentives will make investors buy bad market.

villionz:
you're either misinformed or malinformed.

I only hope you will not be disinformed

Mr informer hear this the truth is bitter.
Most working economy when policy are implemented the common man feels it. But Nigeria the case is different.
In case you don't know I bought a plastic coke for #500 yesterday. So much for the GDP.

As bad as its sounds. That's a country that cares for its citizens.
Not Nigeria where people in government care for their family and friends.