The National Bureau of Statistics (NBS) has announced that 27 states in Nigeria attracted zero investment even as value of capital importation into Nigeria fell by 34 percent to $2.82 billion in the first nine months of 2023, from $4.27 billion in the same period last year.
NBS made this known in its latest capital importation report for the third quarter (Q3) of 2023 released on Friday.
According to NBS, Nigeria’s capital imports for the first nine months of 2023 between Q1 to Q3 totalled $2.82 billion, with $1.13 billion imported in Q1, $1.03 billion in Q2 and $654.65m in Q3 2023.
The report listed the 27 states that failed to attract foreign investment in the first nine months of 2023 to include:
..Bauchi
..Bayelsa
..Benue
..Borno
..Cross River
..Delta
..Ebonyi
..Edo
..Enugu
..Gombe
..Imo
..Jigawa
..Kaduna
..Kano
..Katsina
..Kebbi
..Kogi
..Kwara
..Nasarawa
..Osun
..Oyo
..Plateau
..Rivers
..Sokoto
..Taraba
..Yobe
..Zamfara
Lagos took the lead in the review period, after it outshone others including the federal capital territory (FCT) to top the list of states that attracted the most investments.
The center of Excellence attracted $1.79 billion investments, representing 64 percent of the total capital inflow into Nigeria.
FCT emerged as the second top investment destination with $799.21 million, having 28 percent of the total capital inflow in the country in the first nine months of the year.
Other states that attracted foreign investments in the nine months are Abia ($150.09 million), Akwa Ibom ($39.13 million), Ogun (27.09), and Adamawa ($4.5 million).
Anambra attracted $4 million, Niger $1.50 million, $200,000 and Ekiti $38,250.
