₦airaland Forum

According to United Nations Trade and Development (UNCTAD) report Nigeria's foreign direct investment (FDI) inflow for year 2023 was US$1.873 billion, Nigeria was ranked number 8 in FDI. The top 10 are:

1. Egypt: US$9.841 billion
2. South Africa: US$5.2 billion
3. Ethiopia: US$3.263 billion
4. Uganda: US$2.886 billion
5. Senegal: US$2.641 billion
6. Mozambique: US$2.509 billion
7. Namibia: US$2.345 billion
8. Nigeria: US$1.873 billion
9. Cote d'Ivoire: US$1.753 billion
10. DR Congo: US$1.635 billion.

The situation is even more troubling when you consider that Nigeria had consistently attracted FDI inflows of over US$4 billion annually since 2005 during the Obasanjo, Yar'adua and Jonathan administrations. However, since the APC took over in 2015, the country's FDI inflow has failed to reach even US$4 billion.

Olusegun Obasanjo
1999: US$1.18 billion
(Obasanjo assumed office in May 1999)
2000: US$1.31 billion
2001: US$1.277 billion
2002: US$2.04 billion
2003: US$2.171 billion
2004: US$2.127 billion
2005: US$4.978 billion
2006: US$4.9 billion

Obasanjo/Yar'adua
2007: US$6.087 billion

Umaru Yar'adua
2008: US$8.25 billion
2009: US$8.65 billion
(top 3 in Africa in both years)

Goodluck Jonathan
2010: US$6.099 billion
2011: US$8.92 billion
(ranked number 1 in Africa)
2012: US$7.127 billion
2013: US$5.61 billion
2014: US$5 billion

Jonathan/Buhari
2015: US$3.064 billion

Muhammadu Buhari
2016: US$3.45 billion
2017: US$2.413 billion
2018: US$775 million
2019: US$2.305 billion
2020: US$2.4 billion
2021: US$3.313 billion
2022: US$895 million

Buhari/Tinubu
2023: US$1.87 billion

Bola Tinubu
2024:

- Tonye Barcanista

Link to UNCTAD FDI Reports for Nigeria in the last 30 years: https://unctad.org/data-visualization/global-foreign-direct-investment-flows-over-last-30-years

Apc is a curse

slivertongue:
Apc is a curse

Curse is an understatement

Buhari and tinubu are two sides of a coin. Bunch of economic illiterates. Borrow and waste palliatives administration.

TonyeBarcanista:
Curse is an understatement

Ok APC is a plague.

slivertongue:
Buhari and tinubu are two sides a coin. Bunch of economic illiterates

Both only desired power to expand their political status

APC has no business being in government. Tinubu and Buhari are clueless, they have no business with economy

slivertongue:
Ok APC is a plague.

Worse than what befell Egypt of the Bible story

APC is a satanic party!

They came to kill, steal and destroy

Well, a snake will always give birth to something that is long.

Meanwhile, I'm not sure why this thread was closed as fake news. I'm certain I'm not the only one who saw that video the Professor rendered in Hausa language? I just didn't post it because it would require astute translation which I can't giver flawlessly.

https://www.nairaland.com/8182728/tinubu-owns-17-oil-wells

TonyeBarcanista:
According to United Nations Trade and Development (UNCTAD) report Nigeria's foreign direct investment (FDI) inflow for year 2023 was US$1.873 billion, Nigeria was ranked number 8 in FDI. The top 10 are:

1. Egypt: US$9.841 billion
2. South Africa: US$5.2 billion
3. Ethiopia: US$3.263 billion
4. Uganda: US$2.886 billion
5. Senegal: US$2.641 billion
6. Mozambique: US$2.509 billion
7. Namibia: US$2.345 billion
8. Nigeria: US$1.873 billion
9. Cote d'Ivoire: US$1.753 billion
10. DR Congo: US$1.635 billion.

The situation is even more troubling when you consider that Nigeria had consistently attracted FDI inflows of over US$4 billion annually since 2005 during the Obasanjo, Yar'adua and Jonathan administrations. However, since the APC took over in 2015, the country's FDI inflow has failed to reach even US$4 billion.

Olusegun Obasanjo
1999: US$1.18 billion
(Obasanjo assumed office in May 1999)
2000: US$1.31 billion
2001: US$1.277 billion
2002: US$2.04 billion
2003: US$2.171 billion
2004: US$2.127 billion
2005: US$4.978 billion
2006: US$4.9 billion

Obasanjo/Yar'adua
2007: US$6.087 billion

Umaru Yar'adua
2008: US$8.25 billion
2009: US$8.65 billion
(top 3 in Africa in both years)

Goodluck Jonathan
2010: US$6.099 billion
2011: US$8.92 billion
(ranked number 1 in Africa)
2012: US$7.127 billion
2013: US$5.61 billion
2014: US$5 billion

Jonathan/Buhari
2015: US$3.064 billion

Muhammadu Buhari
2016: US$3.45 billion
2017: US$2.413 billion
2018: US$775 million
2019: US$2.305 billion
2020: US$2.4 billion
2021: US$3.313 billion
2022: US$895 million

Buhari/Tinubu
2023: US$1.87 billion

Bola Tinubu
2024:

- Tonye Barcanista

Link to UNCTAD FDI Reports for Nigeria in the last 30 years: https://unctad.org/data-visualization/global-foreign-direct-investment-flows-over-last-30-years

It is so funny, people still hate PDP......

Meanwhile these were the same jokers running their mouths like borehole at ojota in 2012.. truly empty vessels make the loudest noise! 🤦🏾‍♂️

TonyeBarcanista:
According to United Nations Trade and Development (UNCTAD) report Nigeria's foreign direct investment (FDI) inflow for year 2023 was US$1.873 billion, Nigeria was ranked number 8 in FDI. The top 10 are:

1. Egypt: US$9.841 billion
2. South Africa: US$5.2 billion
3. Ethiopia: US$3.263 billion
4. Uganda: US$2.886 billion
5. Senegal: US$2.641 billion
6. Mozambique: US$2.509 billion
7. Namibia: US$2.345 billion
8. Nigeria: US$1.873 billion
9. Cote d'Ivoire: US$1.753 billion
10. DR Congo: US$1.635 billion.

The situation is even more troubling when you consider that Nigeria had consistently attracted FDI inflows of over US$4 billion annually since 2005 during the Obasanjo, Yar'adua and Jonathan administrations. However, since the APC took over in 2015, the country's FDI inflow has failed to reach even US$4 billion.

Olusegun Obasanjo
1999: US$1.18 billion
(Obasanjo assumed office in May 1999)
2000: US$1.31 billion
2001: US$1.277 billion
2002: US$2.04 billion
2003: US$2.171 billion
2004: US$2.127 billion
2005: US$4.978 billion
2006: US$4.9 billion

Obasanjo/Yar'adua
2007: US$6.087 billion

Umaru Yar'adua
2008: US$8.25 billion
2009: US$8.65 billion
(top 3 in Africa in both years)

Goodluck Jonathan
2010: US$6.099 billion
2011: US$8.92 billion
(ranked number 1 in Africa)
2012: US$7.127 billion
2013: US$5.61 billion
2014: US$5 billion

Jonathan/Buhari
2015: US$3.064 billion

Muhammadu Buhari
2016: US$3.45 billion
2017: US$2.413 billion
2018: US$775 million
2019: US$2.305 billion
2020: US$2.4 billion
2021: US$3.313 billion
2022: US$895 million

Buhari/Tinubu
2023: US$1.87 billion

Bola Tinubu
2024:

- Tonye Barcanista

Link to UNCTAD FDI Reports for Nigeria in the last 30 years: https://unctad.org/data-visualization/global-foreign-direct-investment-flows-over-last-30-years

APC brought retrogression to every areas of Nigeria.

DMerciful:
APC is a satanic party!

They came to kill, steal and destroy

Satanism is worse! The Party is Satan itself

Omooba77:
It is so funny, people still hate PDP......

The PDP of today is not the PDP then! PDP of today is like a personal farm of Nyesom Wike, they are conquered by Bola Tinubu and cannot pose any seriousness. Their Governors are now into full-time business of licking Tinubu a$$$.

Immediately after GEJ was pushed out in 2015, investors started taking their money. They knew Buhari was a power-hungry empty skull who had nothing to offer and Tulumbu is following suit.

The best presidents Nigeria has ever had never bullied their way to power, they were actually called to come lead. OBJ was called from prison, and Umaru Musa Ya'adua was begged by OBJ to take the mantle. GEJ was convinced to lead after UMY's death. They never swore to bring down heaven like bloodthirsty Buhari, they never bullied their way to power with money, bribing every living and non-living thing from Judges to INEC officers, like Tulumbu did.

The answers is simple, if a man bullies his way to power, he really has nothing to offer. He just wants to fulfill his sickening ambition to rule over everyone at your expense. Nothing more.

History will still repeat itself because Nigeria is alost cause, they never learn. I assure you.

Dalohad:
Immediately after GEJ was pushed out in 2015, investors started taking their money. They knew Buhari was a power-hungry empty skull who had nothing to offer and Tulumbu is following suit.

The best presidents Nigeria has ever had never bullied their way to power, they were actually called to come lead. OBJ was called from prison, and Umaru Musa Ya'adua was begged by OBJ to take the mantle. GEJ was convinced to lead after UMY's death. They never swore to bring down heaven like bloodthirsty Buhari, they never bullied their way to power with money bribing every living and non-living thing from Judges to INEC officers, like Tulumbu did.

The answers is simple, if a man bullies his way to power, he really has nothing to offer. He just wants to fulfill ambition at your expense. Nothing more.

History will still repeat itself because Nigeria is lost cause. I assure you.

In fact, what I have learnt from this your post is something I will never forget. People who display desperation for power literally have nothing to offer.

Na statistics we go chop ? Nigerians are realizing with brute force that economics doesn't give a damn shît about propaganda. You might control and gag the media narrative but the streets know the bitter truth

But op supported election of Buhari in 2015.

You guys are very funny.

Years to come, one Tinubu supporter will also come and write how Tinubu ruined the economy of Nigeria.

KillahPriest:
Na statistics we go chop ? Nigerians are realizing with brute force that economics doesn't give a damn shît about propaganda. You might control and gag the media narrative but the streets know the bitter truth

The statistics is back to bite

APC is bad news.

They destroyed this country.

Imagine a leader that met basket of tomatoes at 25k, took it to 180k per basket, and now it dropped to 65k, and some mumus are praising this evil government.

May God help Nigeria

Lies and propaganda does not amount to good governance APC government came to steal, kill and destroy hence is a curse upon this nation.

Jokerman:
APC is bad news.

They destroyed this country.

Imagine a leader that met basket of tomatoes at 25k, took it to 180k per basket, and now it dropped to 65k, and some mumus are praising this evil government.

May God help Nigeria

The jubilation is what I don't understand

[

The APC had just a single purpose, which is to kill, steal, and destroy. 

Goodluck Jonathan did warn us about these Janjaweedians when they first came with their demonic and evil change mantra.

The people who are defending this disastrous government need to have their brains checked.

Every indices keeps pointing to the fact that PDP is still the best party in Nigeria so far.

I wonder how Nigeria would be if APC had taken over in 1999. We would be far worse that Somalia and Sudan in poverty and misery.

Since 1999 that iv been voting,iv never voted anything anything APC. It' has always be PDP.

NeckingNgulping:
The people who are defending this disastrous government need to have their brains checked.

Muhammadu Buhari
2022: US$895 million

Buhari/Tinubu
2023: US$1.87 billion

Bola Tinubu
2024: ?

If you are educated, you ought to know there is 100% growth between 2022 and 2023.

And no figures yet for 2024 which the current administration will be solely responsible for. This is August 13th with some months left to close the year.

So, based on the statistics display, I believe it's your brain you should check or find someone to teach you elementary maths.

somebody should pls explain how yaradua was able to reduce cost of fuel and FDI stuffs within 2 years.....

slivertongue:
Apc is a curse

CURSE is an understatement. It's evident in our living as Nigerians today

DesChyko:
Well, a snake will always give birth to something that is long.

Meanwhile, I'm not sure why this thread was closed as fake news. I'm certain I'm not the only one who saw that video the Professor rendered in Hausa language? I just didn't post it because it would require astute translation which I can't giver flawlessly.

https://www.nairaland.com/8182728/tinubu-owns-17-oil-wells

The admin that closed it, the last person that commented is a staunch Tinubu supporter.