Nigeria’s economy attracted $12.2bn investments in 2017 – NBS

The National Bureau of Statistics on Thursday released the capital importation report for the 2017 fiscal year with the economy attracting a total investment inflow of $12.2bn.


The $12.2bn investment inflow, when compared with the $5.38bn in 2016, represents an increase of $6.82bn or 56 per cent.

The report put the investment inflow into the country as at the end of the fourth quarter of 2017 at $5.32bn compared to $4.14bn in the third quarter.

The NBS report stated during the fourth quarter of 2017, Abuja and Lagos accounted for over 97 per cent of the destination of investment inflow into the country.