Nigeria attracted $12.2bn investments in 2017- NBS


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.

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.