Nigeria attracted $12.2bn investments in 2017- NBS

Nigerian-economy

The National Bureau of Statistics (NBS) has said Nigeria recorded an investment inflow of $12.2billion in 2017.

In a capital importation report for the 2017 fiscal year released on Thursday, NBS said the $12.2 billion investment inflow, when compared with the $5.38billion in 2016, represents an increase of $6.82 billion percent.

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

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