Investment Inflow Into Nigeria Drops To Nine-year Low –NBS - Politics

Investment Inflow Into Nigeria Drops To Nine-year Low –NBS - Politics - Nairaland

Nairaland Forum › Nairaland General › Politics › Investment Inflow Into Nigeria Drops To Nine-year Low –NBS (1777 Views)

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Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by IkennaNweke(op): 7:10am On May 05, 2016

The National Bureau of Statistics on Wednesday released the capital importation report for the first quarter of 2016 stating that the country recorded its lowest investment inflow in nine years.

The bureau in the report made available to our correspondent said the economy attracted a total investment of $710.97m (N140.07bn) noting that this represents a decline of 54.34 per cent since the first quarter of 2015.

he report said both the quarterly and year-on-year declines were also the lowest recorded since the series began in 2007.

The report said, “The total value of capital imported into Nigeria in the first quarter of 2016 was $710.97m, the lowest level since the series began in 2007.

“This represents a decline of 54.34 per cent in the final quarter of 2015, and a year-on-year decline of 73.79 per cent.

“Both the quarterly and year-on-year declines were also the lowest recorded since the series began.

“As a result of these changes, total capital importation has fallen by 89.13 per cent since its peak level in the third quarter of 2014.”

The report attributed the huge decline in capital importation in the first quarter of 2016 to what it described as “symptomatic of the challenging period that the Nigerian economy is going through following the fall in crude oil prices.”

It said, “Investors may be concerned about whether or not they will be able to repatriate the earnings from their investments, given the current controls on the exchange rate. In addition, as growth has slowed in recent quarters, there may be concerns about the profitability of such investments.”

In terms of the composition of the investment inflows, the report said the largest component of capital importation in the first quarter was Portfolio investment.

This, it said accounted for $271.03m, or 38.12 per cent of all capital imported.

The largest subcomponent of portfolio investment was Equity, which accounted for $201.69m, representing 74.41 per cent of portfolio investment and 28.37 per cent of total capital imported.

Equity, it noted, has been the largest part of portfolio investment in every quarter since 2007.

http://www.punchng.com/54356-2/

1 Like

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by SeverusSnape(m): 7:13am On May 05, 2016*

Buhari has finally finished this country. Buhari keeps breaking records, I mean negative records. Watch as his zombies will blame the man below.

www.nairaland.com/attachments/3679088_81141_jpeg0446e96e81f9ef5279f4bcd3cecc6ecc

10 Likes

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by PassingShot(m): 7:13am On May 05, 2016

SeverusSnape:
Buhari has finally finished this country.

Wailing Mourner, you still have seven years of mourning to do.

@ topic, no problems. The end will justify the means.

Governance is not a sprint but marathon.

Price of crude oil which is the main source of Nigeria's income dropped to it's lowest price in more than a decade.

Billions of dollars stollen by IB and his cohorts.

Reserves and SWF depleted by the same Ineffectual Clown from Otuoke.

PMB is on a mission to restructure Nigeria and it will take some time because it's easy to destroy than to build.

If not for PMB, what Greece is passing through would have been a child's play should the thieving cabals of GEJ and co still be in charge.

3 Likes 1 Share

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by SeverusSnape(m): 7:14am On May 05, 2016

PassingShot:
See

Yes, See what your dullardic illiterate President caused??. I'm waiting for the trash and blame game you'll type.

6 Likes

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by 247Dior(m): 7:20am On May 05, 2016

Unfortunately Zombies never asked the type of change APC promised.... forgetting that change could be - or +

4 Likes

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by patrickmuf(m): 7:32am On May 05, 2016

It's expected, the state of our nations economy meant most investors though willing to invest will likely apply caution to the wind...Things will get better with time...
For the retards above blaming PMB and trying to exonerate GEJ, I hope they perused through the OP and not just drew inference from the headline?
If our previous governments had diversified our economy as most folks with brains were clamoring for, we wouldn't have had it this tough...

2 Likes

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by SeverusSnape(m): 7:34am On May 05, 2016*

PassingShot:
[s]Wailing Mourner, you still have seven years of mourning to do.

@ topic, no problems. The end will justify the means.

Governance is not a sprint but marathon.

Price of crude oil which is the main source of Nigeria's income dropped to it's lowest price in more than a decade.

Billions of dollars stollen by IB and his cohorts.

Reserves and SWF depleted by the same Ineffectual Clown from Otuoke.

PMB is on a mission to restructure Nigeria and it will take some time because it's easy to destroy than to build.

If not for PMB, what Greece is passing through would have been a child's play should the thieving cabals of GEJ and co still be in charge.[/s]

As expected, The zombie blamed GEJ grin

I said it in my first post, These "change" chanting Charlatans (CCC) are very predictable.

8 Likes

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by luvinhubby(m): 7:35am On May 05, 2016

Nigeria needs prayers urgently.

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by SeverusSnape(m): 7:36am On May 05, 2016

patrickmuf:
[s]It's expected, the state of our nations economy meant most investors though willing to invest will likely apply caution to the wind...Things will get better with time...
For the retards above blaming PMB and trying to exonerate GEJ, I hope they perused through the OP and not just drew inference from the headline?
If our previous governments had diversified our economy as most folks with brains were clamoring for, we wouldn't have had it this tough...[/s]

Buhari is just a useless dullardic Figurehead who knows nothing about the economy.

Blame GEJ as usual.

4 Likes

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by Siberia101: 7:37am On May 05, 2016

Chai Naija ke di way?

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by luvinhubby(m): 7:37am On May 05, 2016

PassingShot:
Wailing Mourner, you still have seven years of mourning to do.

@ topic, no problems. The end will justify the means.

Governance is not a sprint but marathon.

Price of crude oil which is the main source of Nigeria's income dropped to it's lowest price in more than a decade.

Billions of dollars stollen by IB and his cohorts.

Reserves and SWF depleted by the same Ineffectual Clown from Otuoke.

PMB is on a mission to restructure Nigeria and it will take some time because it's easy to destroy than to build.

If not for PMB, what Greece is passing through would have been a child's play should the thieving cabals of GEJ and co still be in charge.

The long & short of your epistle is that Nigeria is worse off now than what Buhari inherited 12 months ago, no excuses.

6 Likes

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by Fabrolistic: 7:46am On May 05, 2016*

PassingShot:
Wailing Mourner, you still have seven years of mourning to do.

@ topic, no problems. The end will justify the means.

Governance is not a sprint but marathon.

Price of crude oil which is the main source of Nigeria's income dropped to it's lowest price in more than a decade.

Billions of dollars stollen by IB and his cohorts.

Reserves and SWF depleted by the same Ineffectual Clown from Otuoke.

PMB is on a mission to restructure Nigeria and it will take some time because it's easy to destroy than to build.

If not for PMB, what Greece is passing through would have been a child's play should the thieving cabals of GEJ and co still be in charge.

is it that 'you' guys don't have an atom of shame or what huh

Smh

8 Likes

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by Nobody: 7:51am On May 05, 2016

Amazing but its take-off would surpass China and US.

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by TANTUMERGO007(m): 7:54am On May 05, 2016

PassingShot:
Wailing Mourner, you still have seven years of mourning to do.

@ topic, no problems. The end will justify the means.

Governance is not a sprint but marathon.

Price of crude oil which is the main source of Nigeria's income dropped to it's lowest price in more than a decade.

Billions of dollars stollen by IB and his cohorts.

Reserves and SWF depleted by the same Ineffectual Clown from Otuoke.

PMB is on a mission to restructure Nigeria and it will take some time because it's easy to destroy than to build.

If not for PMB, what Greece is passing through would have been a child's play should the thieving cabals of GEJ and co still be in charge.

passingshots lipsrsealed

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by deluxez12(m): 7:59am On May 05, 2016

SeverusSnape:
As expected, The zombie blamed GEJ

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by deluxez12(m): 7:59am On May 05, 2016

PassingShot:
Wailing Mourner, you still have seven years of mourning to do.

@ topic, no problems. The end will justify the means.

Governance is not a sprint but marathon.

Price of crude oil which is the main source of Nigeria's income dropped to it's lowest price in more than a decade.

Billions of dollars stollen by IB and his cohorts.

Reserves and SWF depleted by the same Ineffectual Clown from Otuoke.

PMB is on a mission to restructure Nigeria and it will take some time because it's easy to destroy than to build.

If not for PMB, what Greece is passing through would have been a child's play should the thieving cabals of GEJ and co still be in charge.

zombie spotted

4 Likes

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by feelamong(m): 8:08am On May 05, 2016

As usual many kids don't understand what Root Cause Analysis is all about!

If you don't cut down a tree would the leaves on the tree just dry up?

If you cut down a Tree today, does the leaves dry up immediately?

laying a solid foundation should be paramount now!

1 Like

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by obailala(m): 8:10am On May 05, 2016

Investors dont go to a market where there is no money. Nigeria squandered its resources and then lost its source of income. Investors dont come as humanitarians, they come to reap money, and when a system lacks money, they stay away. Nigeria has a lot to do in diversifying its economy and until the economy is properly diversified with money flowing again in the system, investors will stay away.

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by Pavarottii(m): 8:12am On May 05, 2016

Buhari breaking records since May 29th, 2015.

Carry on, ur zombies are behind you.

3 Likes

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by ayzTIGER: 8:14am On May 05, 2016

PassingShot:
Wailing Mourner, you still have seven years of mourning to do.

@ topic, no problems. The end will justify the means.

Governance is not a sprint but marathon.

Price of crude oil which is the main source of Nigeria's income dropped to it's lowest price in more than a decade.

Billions of dollars stollen by IB and his cohorts.

Reserves and SWF depleted by the same Ineffectual Clown from Otuoke.

PMB is on a mission to restructure Nigeria and it will take some time because it's easy to destroy than to build.

If not for PMB, what Greece is passing through would have been a child's play should the thieving cabals of GEJ and co still be in charge.

your a bloody hypocrite. I dont know if i just quoted a human or a robot

6 Likes

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by Pavarottii(m): 8:15am On May 05, 2016

PassingShot:
Wailing Mourner, you still have seven years of mourning to do.

@ topic, no problems. The end will justify the means.

Governance is not a sprint but marathon.

Price of crude oil which is the main source of Nigeria's income dropped to it's lowest price in more than a decade.

Billions of dollars stollen by IB and his cohorts.

Reserves and SWF depleted by the same Ineffectual Clown from Otuoke.

PMB is on a mission to restructure Nigeria and it will take some time because it's easy to destroy than to build.

If not for PMB, what Greece is passing through would have been a child's play should the thieving cabals of GEJ and co still be in charge.

U sure say u go school at all?

2 Likes

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by PIPPROF(m): 8:17am On May 05, 2016

I can see some zombies are already blaming GEJ

and passing shot feels so relaxed that 2019 will be a walkover grin

e go do APC like film when e happen grin

as bad as they painted GEJ buhari still had to use underaged voters in kano and the north to give him the gap

keep suffering NIgerians and be thinking of ruling till 2023, Aso rock is no ones property , they will kick you out without looking back

1 Like

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by erusen: 8:18am On May 05, 2016

PassingShot:
Wailing Mourner, you still have seven years of mourning to do.

@ topic, no problems. The end will justify the means.

Governance is not a sprint but marathon.

Price of crude oil which is the main source of Nigeria's income dropped to it's lowest price in more than a decade.

Billions of dollars stollen by IB and his cohorts.

Reserves and SWF depleted by the same Ineffectual Clown from Otuoke.

PMB is on a mission to restructure Nigeria and it will take some time because it's easy to destroy than to build.

If not for PMB, what Greece is passing through would have been a child's play should the thieving cabals of GEJ and co still be in charge.

shut up zombie, shut up,last tenure was far beta than this,even my rat knows it

5 Likes

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by obailala(m): 8:19am On May 05, 2016

luvinhubby:
The long & short of your epistle is that Nigeria is worse off now than what Buhari inherited 12 months ago, no excuses.

Very shallow analysis and conclusion expected from only uneducated, unenlightned artisans.

Just like someone above mentioned, if you cut down a tree from the root, the leaves would still be relatively fresh, but give it a couple of days, and the green leaves would begin to wither and eventually dry off. In our case, the leaves had already began to wither even before handover of power; and after handover, it has withered even further.

No need for these explanations though, because only blockheads need this explained to them; and a blockhead will continue being one.

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by Pavarottii(m): 8:20am On May 05, 2016

patrickmuf:
It's expected, the state of our nations economy meant most investors though willing to invest will likely apply caution to the wind...Things will get better with time...
For the retards above blaming PMB and trying to exonerate GEJ, I hope they perused through the OP and not just drew inference from the headline?
If our previous governments had diversified our economy as most folks with brains were clamoring for, we wouldn't have had it this tough...

Keep blaming people!
Am sure u were one of those people that hailed femi adesina for his achievements in agriculture sector. Go and check our non-oil revenue at 2010 and 2014 wen GEJ was president. Then u know how well he did in diversifying d economy. Instead of buhari to continue where he stopped. He stopped work and start to blame people.
Wat concrete step has buhari taken to diversify our economy in his one year of governance??

5 Likes 1 Share

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by luvinhubby(m): 8:24am On May 05, 2016

obailala:
Very shallow analysis and conclusion expected from only uneducated, unenlightned artisans.

Just like someone above mentioned, if you cut down a tree from the root, the leaves would still be relatively fresh, but give it a couple of days, and the green leaves would begin to wither and eventually dry off. In our case, the leaves had already began to wither even before handover of power; and after handover, it has withered even further.

No need for these explanations though, because only blockheads need this explained to them; and a blockhead will continue being one.

Ability to write & read truly does translate to elevated intellect.
Are things generally worst today in Nigeria's history - YES

Were they this bad before May 2015 - No

Swallow your shame.

7 Likes 1 Share

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by Ucheosefoh(m): 8:29am On May 05, 2016

Keneking:
Amazing but its take-off would surpass China and US.

Bro wetin lai Mohammed give you smoke wey de make you misyarn

1 Like

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by jimi4us: 8:31am On May 05, 2016

APC where is the masquerade jobs that will boost our GDP?

1 Like

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by jimi4us: 8:36am On May 05, 2016

PassingShot:
Wailing Mourner, you still have seven years of mourning to do.

@ topic, no problems. The end will justify the means.

Governance is not a sprint but marathon.

Price of crude oil which is the main source of Nigeria's income dropped to it's lowest price in more than a decade.

Billions of dollars stollen by IB and his cohorts.

Reserves and SWF depleted by the same Ineffectual Clown from Otuoke.

PMB is on a mission to restructure Nigeria and it will take some time because it's easy to destroy than to build.

If not for PMB, what Greece is passing through would have been a child's play should the thieving cabals of GEJ and co still be in charge.

and very soon we shall blow up all the oil companies in Niger Delta to pay Buhari back for bringing boko haram to disturb GEJ. Quote me anywhere. He will never have peace.

Re: Investment Inflow Into Nigeria Drops To Nine-year Low –NBS by Aegon(m): 8:38am On May 05, 2016

PassingShot:
Wailing Mourner, you still have seven years of mourning to do.

@ topic, no problems. The end will justify the means.

Governance is not a sprint but marathon.

Price of crude oil which is the main source of Nigeria's income dropped to it's lowest price in more than a decade.

Billions of dollars stollen by IB and his cohorts.

Reserves and SWF depleted by the same Ineffectual Clown from Otuoke.

PMB is on a mission to restructure Nigeria and it will take some time because it's easy to destroy than to build.

If not for PMB, what Greece is passing through would have been a child's play should the thieving cabals of GEJ and co still be in charge.

1 Like

1 2 Reply

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