₦airaland Forum

If Peter Obi is not at a burial, he's scouting on Twitter (formerly X) for any bad news about Nigeria. What better news to latch onto than a mischievous headline likely to be from Punch stating that FDI had reduced by 70%?

Immediately, without checking the full context or consulting those knowledgeable about basic math, the 'chief mourner of the federation' hurriedly logged onto X to post his sorrowful news, which he titled: "FDI to Nigeria Declines Amidst Unending Global Gallivanting."

Obi typically writes to his unintelligent audience, so this rebuttal may not gain traction with them. This correction is therefore mostly for neutrals who should not be swayed by the negative attitude of someone who wants to rule a nation he reportedly avoids paying taxes to, by hiding money in a tax haven in the name of his children who were likely less than five years old at the time.

Now, back to the topic. The source of this news is likely from a misleading Punch report dated August 9, 2025, with a very broad headline titled "Nigeria’s FDI crashes by 70% in three months."

Please take note of the date because it is very significant. It is significant because the report was written at the end of the second quarter of 2025, yet it starts by comparing the first quarter of 2024 with 2025 because the report realizes that by the second quarter of 2025, the capital inflow has grown tremendously, yet it chose to focus on the starting point when it was just beginning to grow.

This is the very first paragraph of the extract Mr. Obi relied on:

"Foreign Direct Investments into Nigeria dropped sharply by 70.06 per cent quarter-on-quarter to $126.29m in the first quarter of 2025, down from $421.88m recorded in the final quarter of 2024, according to the latest Capital Importation report released by the National Bureau of Statistics."


Now, this is why that report is mischievous. Even though the report was written at the end of the second quarter, it headlines a decline and then uses a comparison of the first quarter of 2024 to compare with 2025.

You may be wondering, "So what, wasn't there really a decline?" The best answer is to point you to various sections of the same report where the reporter admits that there has been an increase in capital inflow in 2025.

The first instance was just two paragraphs below the one Mr. Obi quoted:
"On a year-on-year basis, FDI posted a modest growth of 5.97 per cent compared to $119.18m recorded in the same period of 2024."

Immediately below that paragraph is another reluctant acceptance of an increase:
"Meanwhile, total capital importation rose to $5.64bn in Q1 2025, an increase from $5.09bn in Q4 2024 and $3.38bn in Q1 2024."

The report then uses the next two paragraphs to try to downplay the importance of the increase.

Further down, it once again agrees there was an increase:
"The PUNCH observed that Nigeria saw a 67 per cent increase in total capital inflows in the first quarter of 2025, reaching $5.64bn compared to $3.38bn in the previous quarter."

This one below is the final nail in the coffin for Mr. Obi and his cohorts. The report admits that even though it is only August (eight months into 2025), total capital inflow year-on-year is already more than in all of 2024. This means that even if there is no more inflow for the rest of 2025, we have already surpassed 2024 by 67%.

"Also, despite a 67.12 per cent year-on-year rise in total capital inflows into the country, the manufacturing sector recorded a 32.31 per cent decline in capital importation in Q1 2025."

Yet a presidential candidate cannot even read simple data like this but instead latches onto a dubious headline and proceeds to write on matters that are above his pay grade.

One cannot help but wonder what their 'fourth columnists' aim to gain by twisting existing facts to sell a negative narrative.

Here is how a more business-like newspaper reported that same story.

"Foreign investment into Nigeria soar by 67% to $5.6bn in Q1 2025"
with an opening paragraph:
"Nigeria, in the first quarter of 2025, recorded a total capital importation of $5.642 billion, which is 67.12 percent higher than the $3.376 billion recorded in Q1 2024 and 10.86 percent higher than the $5. 089 billion recorded in Q4 2024, the National Bureau of Statistics report has revealed."
https://businessday.ng/business-economy/article/foreign-investment-into-nigeria-soar-by-67-to-5-6bn-in-q1-2025/

Same data, same sources, same story but twisted differently. One sticks to facts, the other is looking for any straw to hold onto just to confuse its readers.


Once again, Mr. Peter Obi has shown that he does not have the mental capacity to understand many of the statistics he reels out. He seems to just quote them to impress his unintelligent audience. I have heard that he even tried to suggest that Nigeria should copy Argentina in its management of the economy—Argentina, of all countries, with a negative foreign reserve, that should be begging Nigeria for help.

All of this goes to show he does not have the capacity to understand micro and macroeconomics and is perhaps more suited to be a trader, which by the way is not a bad thing, but he should therefore limit his discussions to areas relating to what to wear to burials or how to buy and sell.

Obi lies and lies. He never gets tired of lying. Its genetic to Peter Obi.

Slytiger:
Obi lies and lies. He never gets tired of lying. Its genetic to Peter Obi.

It ain't really about him telling lies always, it is actually about him not being smart. You can’t give what you don’t have, he is just not bright.

Even the blind knows FDI has dropped very significantly in the last 10 years but you can keep deceiving by ourselves

Peter Obi is now an entertainer. He should have joined Nollywood long time as that might have been his calling

SalamRushdie:
Even the blind knows FDI has dropped very significantly in the last 10 years but you can keep deceiving by ourselves

You didn't follow the conversation or read Obi's claim.

Did 70% of the FDI decline under this government?

helinues:
You didn't follow the conversation or read Obi's claim.

Did 70% of the FDI define under this government?

It's not under this govt the decline came before the govt

SalamRushdie:
It's not under this govt the decline came before the govt

So where did Peter Obi get his own figure from?

9jatriot:
If Peter Obi is not at a burial, he's scouting on Twitter (formerly X) for any bad news about Nigeria. What better news to latch onto than a mischievous headline from Punch stating that FDI had reduced by 70%?

Immediately, without checking the full context or consulting those knowledgeable about basic math, the 'chief mourner of the federation' hurriedly logged onto X to post his sorrowful news, which he titled: "FDI to Nigeria Declines Amidst Unending Global Gallivanting."

Obi typically writes to his unintelligent audience, so this rebuttal may not gain traction with them. This correction is therefore mostly for neutrals who should not be swayed by the negative attitude of someone who wants to rule a nation he reportedly avoids paying taxes to, by hiding money in a tax haven in the name of his children who were likely less than five years old at the time.

Now, back to the topic. The source of this news is likely from a misleading Punch report dated August 9, 2025, with a very broad headline titled "Nigeria’s FDI crashes by 70% in three months."

Please take note of the date because it is very significant. It is significant because the report was written at the end of the second quarter of 2025, yet it starts by comparing the first quarter of 2024 with 2025 because the report realizes that by the second quarter of 2025, the capital inflow has grown tremendously, yet it chose to focus on the starting point when it was just beginning to grow.

This is the very first paragraph of the extract Mr. Obi relied on:

"Foreign Direct Investments into Nigeria dropped sharply by 70.06 per cent quarter-on-quarter to $126.29m in the first quarter of 2025, down from $421.88m recorded in the final quarter of 2024, according to the latest Capital Importation report released by the National Bureau of Statistics."


Now, this is why that report is mischievous. Even though the report was written at the end of the second quarter, it headlines a decline and then uses a comparison of the first quarter of 2024 to compare with 2025.

You may be wondering, "So what, wasn't there really a decline?" The best answer is to point you to various sections of the same report where the reporter admits that there has been an increase in capital inflow in 2025.

The first instance was just two paragraphs below the one Mr. Obi quoted:
"On a year-on-year basis, FDI posted a modest growth of 5.97 per cent compared to $119.18m recorded in the same period of 2024."

Immediately below that paragraph is another reluctant acceptance of an increase:
"Meanwhile, total capital importation rose to $5.64bn in Q1 2025, an increase from $5.09bn in Q4 2024 and $3.38bn in Q1 2024."

The report then uses the next two paragraphs to try to downplay the importance of the increase.

Further down, it once again agrees there was an increase:
"The PUNCH observed that Nigeria saw a 67 per cent increase in total capital inflows in the first quarter of 2025, reaching $5.64bn compared to $3.38bn in the previous quarter."

This one below is the final nail in the coffin for Mr. Obi and his cohorts. The report admits that even though it is only August (eight months into 2025), total capital inflow year-on-year is already more than in all of 2024. This means that even if there is no more inflow for the rest of 2025, we have already surpassed 2024 by 67%.

"Also, despite a 67.12 per cent year-on-year rise in total capital inflows into the country, the manufacturing sector recorded a 32.31 per cent decline in capital importation in Q1 2025."

Yet a presidential candidate cannot even read simple data like this but instead latches onto a dubious headline and proceeds to write on matters that are above his pay grade.

One cannot help but wonder what their 'fourth columnists' aim to gain by twisting existing facts to sell a negative narrative.

Here is how a more business-like newspaper reported that same story.

"Foreign investment into Nigeria soar by 67% to $5.6bn in Q1 2025"
with an opening paragraph:
"Nigeria, in the first quarter of 2025, recorded a total capital importation of $5.642 billion, which is 67.12 percent higher than the $3.376 billion recorded in Q1 2024 and 10.86 percent higher than the $5. 089 billion recorded in Q4 2024, the National Bureau of Statistics report has revealed."
https://businessday.ng/business-economy/article/foreign-investment-into-nigeria-soar-by-67-to-5-6bn-in-q1-2025/

Same data, same sources, same story but twisted differently. One sticks to facts, the other is looking for any straw to hold onto just to confuse its readers.


Once again, Mr. Peter Obi has shown that he does not have the mental capacity to understand many of the statistics he reels out. He seems to just quote them to impress his unintelligent audience. I have heard that he even tried to suggest that Nigeria should copy Argentina in its management of the economy—Argentina, of all countries, with a negative foreign reserve, that should be begging Nigeria for help.

All of this goes to show he does not have the capacity to understand micro and macroeconomics and is perhaps more suited to be a trader, which by the way is not a bad thing, but he should therefore limit his discussions to areas relating to what to wear to burials or how to buy and sell.

Sorry. Had to go and quote everything so you won't go and edit when you realise your errors
Please educate yourself on the correct meaning of the following terms
quarter-on-quarter
year-on-year
Capital importation
FDI
first quarter (Q1)
fourth quarter (Q4)
When you do, you will realise your error and probably abandon the thread or be humble enough to make corrections

When I read Mr Obi's statement, it was the first time it crossed my mind that Nigeria may struggle to reach the heights of development for a long time.

The day before, I had watched a Nairametrics you tube program hosted by the owner where he compared the level of capital inflow and FDI to previous years and went back up to about 10 or 15 years, and this years capital inflow is the highest for several years.

The way Mr Obi manipulated his own reading of the data to send a twisted message to his followers left me in such shock that I couldn't even monster the energy to comment on the thread.

Any country will struggle to go anywhere with Mr Obi's type of destructive, self-centred, and evil deception.

He doesn't care if he destroys the country. It's all about him, him, and him.

The funny thing is that he doesn't even radiate the knowledge or capacity to lead the country.

Your point exactly?
Why Is Obi so fixated on bad news? Even in a news filled with good news, he still managed to coin out bad news.

They did Q1 2024 Vs Q1 2025 comparison in Q2 2025 ofFDI component of capital importation, is that not pure mischief?

Does your principal know the meaning of the things you are asking me questions on?

Kukutente23:
Sorry. Had to go and quote everything so you won't go and edit when you realise your errors
Please educate yourself on the correct meaning of the following terms
quarter-on-quarter
year-on-year
Capital importation
FDI
first quarter
fourth quarter
When you do, you will realise your error and probably abandon the thread or be humble enough to make corrections

9jatriot:
If Peter Obi is not at a burial, he's scouting on Twitter (formerly X) for any bad news about Nigeria. What better news to latch onto than a mischievous headline from Punch stating that FDI had reduced by 70%?

Immediately, without checking the full context or consulting those knowledgeable about basic math, the 'chief mourner of the federation' hurriedly logged onto X to post his sorrowful news, which he titled: "FDI to Nigeria Declines Amidst Unending Global Gallivanting."

Obi typically writes to his unintelligent audience, so this rebuttal may not gain traction with them. This correction is therefore mostly for neutrals who should not be swayed by the negative attitude of someone who wants to rule a nation he reportedly avoids paying taxes to, by hiding money in a tax haven in the name of his children who were likely less than five years old at the time.

Now, back to the topic. The source of this news is likely from a misleading Punch report dated August 9, 2025, with a very broad headline titled "Nigeria’s FDI crashes by 70% in three months."

Please take note of the date because it is very significant. It is significant because the report was written at the end of the second quarter of 2025, yet it starts by comparing the first quarter of 2024 with 2025 because the report realizes that by the second quarter of 2025, the capital inflow has grown tremendously, yet it chose to focus on the starting point when it was just beginning to grow.

This is the very first paragraph of the extract Mr. Obi relied on:

"Foreign Direct Investments into Nigeria dropped sharply by 70.06 per cent quarter-on-quarter to $126.29m in the first quarter of 2025, down from $421.88m recorded in the final quarter of 2024, according to the latest Capital Importation report released by the National Bureau of Statistics."


Now, this is why that report is mischievous. Even though the report was written at the end of the second quarter, it headlines a decline and then uses a comparison of the first quarter of 2024 to compare with 2025.

You may be wondering, "So what, wasn't there really a decline?" The best answer is to point you to various sections of the same report where the reporter admits that there has been an increase in capital inflow in 2025.

The first instance was just two paragraphs below the one Mr. Obi quoted:
"On a year-on-year basis, FDI posted a modest growth of 5.97 per cent compared to $119.18m recorded in the same period of 2024."

Immediately below that paragraph is another reluctant acceptance of an increase:
"Meanwhile, total capital importation rose to $5.64bn in Q1 2025, an increase from $5.09bn in Q4 2024 and $3.38bn in Q1 2024."

The report then uses the next two paragraphs to try to downplay the importance of the increase.

Further down, it once again agrees there was an increase:
"The PUNCH observed that Nigeria saw a 67 per cent increase in total capital inflows in the first quarter of 2025, reaching $5.64bn compared to $3.38bn in the previous quarter."

This one below is the final nail in the coffin for Mr. Obi and his cohorts. The report admits that even though it is only August (eight months into 2025), total capital inflow year-on-year is already more than in all of 2024. This means that even if there is no more inflow for the rest of 2025, we have already surpassed 2024 by 67%.

"Also, despite a 67.12 per cent year-on-year rise in total capital inflows into the country, the manufacturing sector recorded a 32.31 per cent decline in capital importation in Q1 2025."

Yet a presidential candidate cannot even read simple data like this but instead latches onto a dubious headline and proceeds to write on matters that are above his pay grade.

One cannot help but wonder what their 'fourth columnists' aim to gain by twisting existing facts to sell a negative narrative.

Here is how a more business-like newspaper reported that same story.

"Foreign investment into Nigeria soar by 67% to $5.6bn in Q1 2025"
with an opening paragraph:
"Nigeria, in the first quarter of 2025, recorded a total capital importation of $5.642 billion, which is 67.12 percent higher than the $3.376 billion recorded in Q1 2024 and 10.86 percent higher than the $5. 089 billion recorded in Q4 2024, the National Bureau of Statistics report has revealed."
https://businessday.ng/business-economy/article/foreign-investment-into-nigeria-soar-by-67-to-5-6bn-in-q1-2025/

Same data, same sources, same story but twisted differently. One sticks to facts, the other is looking for any straw to hold onto just to confuse its readers.


Once again, Mr. Peter Obi has shown that he does not have the mental capacity to understand many of the statistics he reels out. He seems to just quote them to impress his unintelligent audience. I have heard that he even tried to suggest that Nigeria should copy Argentina in its management of the economy—Argentina, of all countries, with a negative foreign reserve, that should be begging Nigeria for help.

All of this goes to show he does not have the capacity to understand micro and macroeconomics and is perhaps more suited to be a trader, which by the way is not a bad thing, but he should therefore limit his discussions to areas relating to what to wear to burials or how to buy and sell.

Thanks for your brilliant, erudite clarification.

Patriotic Nigerians like you need to keep fact-checking these shameless liars and haters of Nigeria, led by Peter Obi.

9jatriot:
Your point exactly?
Why Is Obi so fixated on bad news? Even in a news filled with good news, he still managed to coin out bad news.

They did Q1 2024 Vs Q1 2025 comparison in Q2 2025 ofFDI component of capital importation, is that not pure mischief?

Does your principle know the meaning of the things you are asking me questions on?

You get time. Just wait for his supporters to entertain us on this thread by trying to derail like the person you just addressed.

That won't stop Peter Obi and his supporters from lying tomorrow and pretend as usual as if is nothing

I just can't stop laughing

Na hungry go finish that Renocerous. Does he mean that he doesn't not have work to do?

Make him dey well o

DeLaRue:
When I read Mr Obi's statement, it was the first time it crossed my mind that Nigeria may struggle to reach the heights of development for a long time.

The day before, I had watched a Nairametrics you tube program hosted by the owner where he compared the level of capital inflow and FDI to previous years and went back up to about 10 or 15 years, and this years capital inflow is the highest for several years.

The way Mr Obi manipulated his own reading of the data to send a twisted message to his followers left me in such shock that I couldn't even monster the energy to comment on the thread.

Any country will struggle to go anywhere with Mr Obi's type of destructive, self-centred, and evil deception.

He doesn't care if he destroys the country. It's all about him, him, and him.

The funny thing is that he doesn't even radiate the knowledge or capacity to lead the country.

Fantastically put.

That guy doesn’t know anything.

I actually suspect strongly that his ambition is to come in as president and create conditions that lead to the dismemberment of the country.

Is he an Ipob plant?

Kukutente23:
Sorry. Had to go and quote everything so you won't go and edit when you realise your errors
Please educate yourself on the correct meaning of the following terms
quarter-on-quarter
year-on-year
Capital importation
FDI
first quarter (Q1)
fourth quarter (Q4)
When you do, you will realise your error and probably abandon the thread or be humble enough to make corrections

Tell Peter obi to educate himself with those terms because he really displayed crass ignorance.....

9jatriot:
Your point exactly?
Why Is Obi so fixated on bad news? Even in a news filled with good news, he still managed to coin out bad news.

They did Q1 2024 Vs Q1 2025 comparison in Q2 2025 ofFDI component of capital importation, is that not pure mischief?

Does your principle know the meaning of the things you are asking me questions on?

My point is that you displayed crass ignorance.
The report was from Punch quoting NBS which showed that FDI reduced by 70%. For you to claim Obi lied shows you're simply ignorant or mischievous. I know you all want to take hotshots at Obi and you're within your rights to but that right shouldn't be abused by advertising your ignorance.
In your very peurile writeup, it was obvious you can't differentiate between capital imports and FDI.
It was also obvious that you struggled to understand the distinction between year-on-year and quarter-on-quarter. These terms confused and led you astray which is deeply regrettable.
Educate yourself pls

Does anybody need Obi to tell them what they see daily of how this corrupt government have ruined the country in 2 years?

seunowa:
Tell Peter obi to educate himself with those terms because he really displayed crass ignorance.....

First of all, Obi was not the author of the report. He only highlighted the report. Secondly, the report was factual and spot on that FDI reduced by 70% quarter-on-quarter.
Do well to digest these facts.

Like I already, Obi writes ofr his audience, who most of the time are not intelligent so nothing shocks me.

Anyone who is not careful will assume from Obi's statement that the trips by the president has not resulted in capital inflow, judging by how he framed his title
The same way he lied that he left money for his successor, only for it to be discovered that he left money but gave post-dated cheques to those he owed.

There is nothing you have said here that was not captured in that write-up. So I ask you again why is Obi so attracted to bad news even in the mist of good news?

This is the title of Obi's understanding after reading the Punch News "FDI to Nigeria Declines Amidst Unending Global Galivanting and Uncoordinated Reforms".

Now you his disciple, are trying to introduce quarter by quarter when even the mischievous title by Punch kept making references to various increases in Capital inflow.

I knew the corner Obi and his supporters will try to wriggle from that is why I made deliberate effort to stick to CI, Obi because he needed bad news to mastubate did not see that even in 2024 vs 2025 Q1, that capital inflow was higher in 2025 but was very quick to pick out the FDI component of CI as if that is the only thing that matters.

While PUnch may have been mischievous, Obi downright lied as usual.

Does it not sound demonic to you that he and that report choose to still be talking about Q1 when we have already entered Q3?

Kukutente23:
My point is that you displayed crass ignorance.
The report was from Punch quoting NBS which showed that FDI reduced by 70%. For you to claim Obi lied shows you're simply ignorant or mischievous. I know you all want to take hotshots at Obi and you're within your rights to but that right shouldn't be abused by advertising your ignorance.
In your very peurile writeup, it was obvious you can't differentiate between capital imports and FDI.
It was also obvious that you struggled to understand the distinction between year-on-year and quarter-on-quarter. These terms confused and led you astray which is deeply regrettable.
Educate yourself pls

DeLaRue:
When I read Mr Obi's statement, it was the first time it crossed my mind that Nigeria may struggle to reach the heights of development for a long time.

The day before, I had watched a Nairametrics you tube program hosted by the owner where he compared the level of capital inflow and FDI to previous years and went back up to about 10 or 15 years, and this years capital inflow is the highest for several years.

The way Mr Obi manipulated his own reading of the data to send a twisted message to his followers left me in such shock that I couldn't even monster the energy to comment on the thread.

Any country will struggle to go anywhere with Mr Obi's type of destructive, self-centred, and evil deception.


He doesn't care if he destroys the country. It's all about him, him, and him.

The funny thing is that he doesn't even radiate the knowledge or capacity to lead the country.

All of his supporters know before becoming unnecessarily sentimental that Peter is empty inside and out and just a hypocrisy who is also not intelligent. 🤣🤣🤣🤣🤣🤣🤣

Peter Obi should keep talking. The more he speaks, the more its clear that he lacks the capacity, the patrotism and the charisma required to be President. The guy is extremely dull. The dullest presidential aspirant in the history of Nigeria

How will FDI not decline when foreign firms are packing and selling whats left to criminal indigenous firms that operate like indians and Chinese?

Many went to school though but few learn the from school and make use of their brain. Tinubu has borrowed more than what we can count. If you ask him, infrastructure.

Wahala for who no Sabi statistics.. we go chop am tire this period

The guy who wrote the Punch news really turned logic on its head

jogojogo:
Peter Obi should keep talking. The more he speaks, the more its clear that he lacks the capacity, the patrotism and the charisma required to be President. The guy is extremely dull. The dullest presidential aspirant in the history of Nigeria

Ahhh düll pro max? Ahh abeg na...Obi just dey collect today o. Reno said petty trader cum second class graduate

While FDI is a form of capital flow, they are two distinct things.

Also, I admit I didn’t watch the report, those who did can filter out what’s true and what’s not.

What we want as a nation is progress… true progress.

I remember the CBN governor a while back, mentioning an increase in monies sent back home from abroad, that falls under capital flow and not FDI.

9jatriot:
Like I already, Obi writes ofr his audience, who most of the time are not intelligent so nothing shocks me.

Anyone who is not careful will assume from Obi's statement that the trips by the president has not resulted in capital inflow, judging by how he framed his title
The same way he lied that he left money for his successor, only for it to be discovered that he left money but gave post-dated cheques to those he owed.

There is nothing you have said here that was not captured in that write-up. So I ask you again why is Obi so attracted to bad news even in the mist of good news?

This is the title of Obi's understanding after reading the Punch News "FDI to Nigeria Declines Amidst Unending Global Galivanting and Uncoordinated Reforms".

Now you his disciple, are trying to introduce quarter by quarter when even the mischievous title by Punch kept making references to various increases in Capital inflow.

I knew the corner Obi and his supporters will try to wriggle from that is why I made deliberate effort to stick to CI, Obi because he needed bad news to mastubate did not see that even in 2024 vs 2025 Q1, that capital inflow was higher in 2025 but was very quick to pick out the FDI component of CI as if that is the only thing that matters.

While PUnch may have been mischievous, Obi downright lied as usual.

Does it not sound demonic to you that he and that report choose to still be talking about Q1 when we have already entered Q3?

Simple question
Did FDI decline by 70% quarter-on-quarter according to NBS or not
Let's stick to fact
That's the topic of your thread. Every other thing you write goes into the bucket of irrelevance