₦airaland Forum

God bless Nigeria

Investment in Nigeria rises by 75% in Q1 2021

The NIPC attributed the surge in investments to the gradual return of investors’ confidence globally after the COVID-induced decline.

The investments made in Nigeria have increased by 75%, rising from $4.81 billion in Q1 2020 to $8.41 billion in Q1 2021. There is also an increase of 8.38% compared to the investments made in the previous quarter (Q4 2020) which stood at $7.76 billion.

This was disclosed by the Nigerian Investment Promotion Commission (NIPC) in its Q1 report.
The NIPC attributed the surge in investments to the gradual return of investors’ confidence globally after the COVID-induced decline.

Highlights of the report

Bayelsa and Delta states emerged top investment destinations during the period.

Bayelsa state received the largest share of investment with $3.6 billion in mining and quarrying.

Delta state came second with $2.94 billion in seaport construction and power transmission, followed by Akwa Ibom state with $1.4 billion announced in mining and quarrying.

Lagos State came fourth with announcements totalling $0.26 billion in finance, insurance, and manufacturing.

The leading four destinations accounted for 97% of the total investments announced as against 56% in the corresponding period last year.

https://nairametrics.com/2021/05/10/investment-in-nigeria-rises-by-75-in-q1-2021/

When they say there's casting down, please tell them there's lifting up. It is well with Nigeria.

All the enemies of Nigeria will lose las las.visit www.freestuffsng.com for latest freestuffs in Nigeria. May God bless my fatherland Nigeria.

What they meant to say is investment on paper which is controlled by lie Mohammed, how can investment rise by 75% when the country is literally in flames? I see another article countering this one. This I have seen.

Noted

Damnnn niggarrrr
Isoright

It's more of housing estates using public funds by our politicians, no industry, only hotels

Who dey invest?

Nigerian Investment Promotion Commission (NIPC) - All this one go sidon for office dey find how to justify their monthly allowee and backyard money, then dem go carry sheet of paper begin write all sorts


Person wen never chop dey invest

Lori_ iro

Lies is the trade mark of this government

Haters, come here to cry, since all you want to hear is bad news.

Nigeria will triumph.

ok

Young Lady is shocked!

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Did you know??

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Propaganda!! if you know you know,no be this Nigeria all of us de??

Idle civil servants will just sleep wake up and whip out data from their arse

Audio rise in investment!!!

Rubbish propaganda

Thunder fire Buhari left blockos!

helinues:
Very good news despite the Vivid issue.

Kudos to Governor Diri... He has not been on news like that but it seems he has been working underground...

SHUT UP MAKE WE HEAR WORD!!!

For real?

Good news, aside insurgency, Nigeria is on the path to greatness again.

Lol

Buhari is laying a foundation of local productivity which will pay off in the long run.

But insecurity is a big challenge to this government.

Very good news despite the Covid-19 issue.

Kudos to Governor Diri... He has not been on news like that but it seems he has been working underground...

75%? Abeg na lie.

What of ondo state, I thought akeredolu said he will bring investor to the state

Another fat lie from APC controlled Bureau of Statistics.

Story

lie lie people

The OP is a known BMC gang member so what do you expect?

Whoever believes this will believe anything

Nice!

Only very few states are actually functioning in Nigeria.

And these states are the minorities.

Bad new for a big country like Nigeria.

A country were the minorities carter for the needs of the majority.

Lets just say the minorities should be made the majority, because money is power.

Nice sha!