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Home News Politics

Rivers State Did Not Attract Any Foreign Investments In The First Quarter of 2022 – NBS

Stanley Uhegbu by Stanley Uhegbu
June 13, 2022
in Politics
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The National Bureau of Statistics has said that Rivers State, did not attract any foreign investments in the first quarter of 2022.

The NBS in a statement said thirty two states, Rivers inclusive did not also attract any foreign investment.

According to the report, only Anambra, Lagos, Oyo, FCT, and Katsina, state attracted investment during the period.

It noted that Lagos State remained the top destination in Q1 with $1.1bn accounting for 71.16 per cent of total capital investment into Nigeria. This was followed by investment into Abuja (FCT), valued at $446.8m(28.40 per cent).

Anambra Oyo and Katsina states followed, with each raking in $4.1m, $2m and $700,000, respectively.

On the other hand, Abia, Adamawa, Akwa Ibom, Bauchi, Bayelsa, Benue, Borno, Cross River, Delta, Ebonyi, Edo, Ekiti, Enugu, Gombe, Imo, Jigawa, Kaduna and Kebbi states failed to attract any foreign investments during the period under review.

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