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GOAL – POLICE TELLS FUBARASUSPEND RIVERS LG ELECTION – ELDERS TELL FUBARAWE’RE BOYCOTTING RIVERS LG ELECTION – POLICENIGERIA IS NOW SAFE; YOU CAN TRAVEL SAFELY TO ANY PART OF THE COUNTRY – TINUBUI APOLOGIZE FOR SAYING YOU WON’T MAKE HEAVEN UNLESS YOU PAY TITHE – PASTOR ADEBOYEENUGU BACK TO LIFE – VP SHETTIMA EULOGISES GOVERNOR MBAH OVER DEVELOPMENT STRIDESFUBARA DARES IGP – SAYS YOU’LL SHOOT ME TO STOP ITNNPC PORTAL SHUTDOWN, DELAYS PETROL SUPPLY – MARKETERSWHY THE NORTH OPPOSES TOTAL RESTRUCTURING OF NIGERIAHOUSE OF REPS REJECTS CFR HONOUR AWARD ON SPEAKER, DEMANDS GCON, SAYS WE’RE NOT INFERIOR TO SENATORSENUGU COUNCIL BOSS BANS ILLEGAL REVENUE COLLECTIONS, EXTORTION OF MOTORISTSNIGERIANS RECEIVED THE MOST US GREEN CARDS IN AFRICA IN 2023MY SHOP WAS FULL BUT NOW EMPTY UNDER TINUBU’S BAD GOVT – LAGOS WOMAN FUMESINDEPENDENCE ANNIVERSARY SPEECH CONFIRMS TINUBU’S INSENSITIVITY – PDPWHY WE DEPLOYED OUR MEN AT RIVERS STATE ELECTORAL COMMISSION OFFICE – POLICENIGERIA NEEDS INDEPENDENCE FROM STATE CAPTURE – PETER OBIFORMER US PRESIDENT, JIMMY CARTER, CLOCKS 100 YEARS TODAY, SHARES BIRTHDAY WITH NIGERIAI DIDN’T STEAL FROM KADUNA TREASURY, I’M READY TO SWEAR BY QURAN – EL RUFAIIT’S TIME TO COLLAPSE WIKE’S STRUCTURE IN RIVERS – FUBARA
Thu. Oct 10th, 2024
Trending News: 2024 RIVERS BUDGET A NULLITY – APPEAL COURTFUBARA LOSES AS APPEAL COURT AFFIRMS PRO-WIKE LAWMAKER AS AUTHENTIC SPEAKER OF RIVERS ASSEMBLYI SACRIFICED MY POLITICAL CAREER IN FINLAND FOR BIAFRA’S INDEPENDENCE – SIMON EKPANNAMDI KANU’S WIFE BEGS UK GOVT TO INTERVENE IN IPOB LEADER’S CASEFUEL PRICE HIKE: TINUBU LISTENED TO DANGOTE – IPMAN CHAIRROYAL FATHERS TO FG: WE WANT DIRECT PAYMENT OF OUR 5% ALLOCATION13 EX-BOKO HARAM FIGHTERS ESCAPE WITH GOVT RIFLES, MOTORCYCLESHOUSE OF REPS BEGINS MOVE TO PROBE BUHARI GOVTRIVERS, CAPITAL OF BETRAYALS, MOST POLITICIANS PASSED THROUGH ME – AMAECHINIGERIAN LAMENT FRESH FUEL INCREASEHOW NIGERIANS HAVE ENDURED PETROL PRICE HIKE FOR 18 MONTHS – FROM N198 TO N1,030/LITREWHY NNPC INCREASED FUEL PUMP PRICE – MARKETERSREVERSE PETROL PUMP PRICE IMMEDIATELY – NLC TELLS FEDERAL GOVTAGAIN, NNPC INCREASES FUEL PUMP PRICE TO N1,030/LITRESEEK PERMISSION BEFORE USING THE NATIONAL ANTHEM – FGCONFUSION IN SENATE OVER LOCAL GOVT AUTONOMYNIGERIAN ARMY GENERAL DETAINED FOR STEALING RICE PALLIATIVESOUTH KOREAN INVESTORS TO BUILD FOUR REFINERS IN NIGERIADOZENS KILLED, OTHERS INJURED AS SOLDIERS CLASH WITH GUNMEN IN IMOAPPEAL COURT SACKS PDP REPS MEMBER, ATIGWE, DECLARES LP CANDIDATE, AGBO WINNERCONCERNED IGBO CLERICS ACCUSE SOUTH EAST GOVS OF FRUSTRATING NNAMDI KANU’S RELEASEMIXED REACTIONS TRAIL CONFLICTING COURT ORDERS IN RIVERSPETER OBI, LP CARETAKER COMMITTEE REJECT COURT JUDGEMENT ON ABUREOUR REFINERY WAS BUILT WITHOUT GOVT INCENTIVE – DANGOTEPDP LEADERS CLASH OVER ATIKU, WIKEI’VE NO APOLOGY WORKING AGAINST PDP IN 2023 – WIKEI ALLOWED FUBARA TO GOVERN INDEPENDENTLY – WIKEWIKE BLAMES FUBARA FOR VIOLENCE IN RIVERS, SAYS HE DISRESPECTS RULE OF LAWFUBARA SETS UP COMMISSION OF INQUIRY ON RIVERS CRISISWHO WILL RESCUE NIGERIA FROM TINUBU IN 2027CAMEROONIAN PRESIDENT, PAUL BIYA, RUMOURED DEAD, SUCCESSION BATTLE BEGINSABURE HAPPY OVER COURT VICTORY, WANTS OBI TO HELP UNITE PARTYCOURT AFFAIRS JULIUS ABURE AS CHAIRMAN OF LABOUR PARTYI KNELT COUNTLESS TIMES TO BEG WIKE – FUBARAPENSIONERS TO RECEIVE INCREMENTAL BENEFITS – PENCOMI’M A BIT CONCERNED WHEN TINUBU MENTIONED ONLY MY NAME – FUBARABOBRISKY: AGAIN, VDM INDICTS EFCC, PRISON OFFICIALS, SANCONFLICTING COURT DECISIONS CAPABLE OF DERAILING NIGERIAN DEMOCRACY – OZEKHOMETINUBU SAD AS NIGERIANS LABEL HIM ‘TPAIN’ DUE TO HARDSHIPPAY OUR SALARIES TO LOCAL GOVT SERVICE COMMISSION – NULGE, NUT, NUP TELL FEDERAL GOVTLG POLLS CONDUCTED BY SIECS, TRAVESTY OF DEMOCRACY – YIAGA AFRICASTOP SHIELDING WIKE, CALL HIM TO ORDER – NIGERIANS TELL TINUBUANARCHY: TINUBU ORDERS POLICE TO MAINTAIN PEACE IN RIVERSANARCHY IN RIVERS AS PROTESTERS LOOT GOVT PROPERTYPOLICE SILENT AS THUGS UNLEASH VIOLENCE ON RIVERS COUNCIL SECRETARIATSBREAKING: PDP GROUP TAKES OVER EMOHUA COUNCIL SECRETARIAT IN RIVERS STATEDINO MELAYE DEFEATS FG IN SUIT FILED AGAINST HIMTENSION AS GUNSHOTS, VIOLENCE BREAK OUT IN RIVERSGREEDY WIKE WANTS TO CONTROL PDP, APC STRUCTURES IN RIVERS – EX-DEPUTY SPEAKERAKPABIO FUMES AS PDP CLEARS AKWA IBOM LG POLLSIGP WITHDRAWS POLICEMEN FROM RIVERS LG SECRETARIAT AFTER THREE-MONTH SIEGEHOW MULTI-BILLION NAIRA ILLICIT ARMS ENTERED NIGERIA 23 TIMES IN SEVEN YEARSRIVERS CRISIS: AS FUBARA SWEARS IN NEWLY ELECTED LG CHAIRMEN, PRO-WIKE GROUP, APC REJECT OUTCOME OF ELECTIONENUGU GOVT APPROVES RECRUITMENT OF 2,220 HEALTH WORKERSENUGU TO RECRUIT 2,220 HEALTH WORKERSAS NNPC IMPLEMENTS NEW PRICE REGIME, PETROL CAN’T SELL BELOW N1,350 PER LITRE – OFFICIALI GO WITH POLICE, GOVT OFFICIALS TO NEGOTIATE WITH BANDITS – SHEIKH GUMIRIVERS LG POLL LACKS CREDIBILITY – ELECTION OBSERVER GROUPWHY JESUS, APOSTLES DID NOT COLLECT TITHES – ADEBOYEFG YET TO RELEASE FUND FOR PAYMENT OF NYSC MEMBERS ALLOWANCE – DGNIGERIANS WILL START EXPERIENCING BETTER ELECTIONS WITHOUT POLICE – ATIKU’S AIDENASS TO REVISE EXISTING LAWS FOR FULL LOCAL GOVT AUTONOMY – AKPABIOPOLITICALLY, PETER OBI IS BIGGER THAN KWANKWASO – BUHARI’S EX-AIDEENUGU GOVT DEMOLISHES ANOTHER KIDNAPPERS’ DEN, WARNS PROPERTY OWNERS2027: I’VE NO PROBLEM DEPUTIZING PETER OBI, WE’RE READY FOR TALKS – KWANKWASOFCT THREATENS TO REVOKE PLOTS OWNED BY BUHARI’S CHILDREN, OTHERSGOVERNOR MBAH’S CRUSADE SWEEPS THROUGH ENUGU MORIBUND ASSETS BY UCHE ANICHUKWUPRESIDENT TINUBU SET TO REVEAL LIST OF SACKED, NEW MINISTERSJONATHAN CAUTIONS JUDICIARY, POLICE OVER ROLES IN RIVERS CRISISAPP SWEEPS LG ELECTION IN RIVERSGOVERNOR APPOINTS DAUGHTER ACTING FIRST LADYHEAVY GUNFIRE AT WIKE’S WARD AS RIVERS LG ELECTION TURNS VIOLENTCONFUSION IN PDP OVER RIVERS LG ELECTIONEXPLOSION ROCKS RIVERS APC SECRETARIAT HOURS TO LG ELECTIONLOCAL GOVT ELECTION GOES ON IN RIVERS STATE63 ITEMS EXEMPTED FROM VAT UNDER NEW REFORMSRUSSIA WARNS NIGERIA ABOUT US UK INTERFACERELIGION HAS BLINDED, FINISHED NIGERIANS – VERYDARKMANTINUBU IS IDEOLOGICALLY SOMERSAULTING, SHOULD LOOK AT THE LETTER HE WROTE JONATHAN – FAROUNBIPDP SUSPENDS NATIONAL VICE CHAIRMAN, ALI ODEFATINUBU MAKES U-TURN, CONFERS GCON ON HOUSE OF REPS SPEAKER, TAJUDEEN ABBASBE DECENT WITH YOUR POLITICAL GOAL – POLICE TELLS FUBARASUSPEND RIVERS LG ELECTION – ELDERS TELL FUBARAWE’RE BOYCOTTING RIVERS LG ELECTION – POLICENIGERIA IS NOW SAFE; YOU CAN TRAVEL SAFELY TO ANY PART OF THE COUNTRY – TINUBUI APOLOGIZE FOR SAYING YOU WON’T MAKE HEAVEN UNLESS YOU PAY TITHE – PASTOR ADEBOYEENUGU BACK TO LIFE – VP SHETTIMA EULOGISES GOVERNOR MBAH OVER DEVELOPMENT STRIDESFUBARA DARES IGP – SAYS YOU’LL SHOOT ME TO STOP ITNNPC PORTAL SHUTDOWN, DELAYS PETROL SUPPLY – MARKETERSWHY THE NORTH OPPOSES TOTAL RESTRUCTURING OF NIGERIAHOUSE OF REPS REJECTS CFR HONOUR AWARD ON SPEAKER, DEMANDS GCON, SAYS WE’RE NOT INFERIOR TO SENATORSENUGU COUNCIL BOSS BANS ILLEGAL REVENUE COLLECTIONS, EXTORTION OF MOTORISTSNIGERIANS RECEIVED THE MOST US GREEN CARDS IN AFRICA IN 2023MY SHOP WAS FULL BUT NOW EMPTY UNDER TINUBU’S BAD GOVT – LAGOS WOMAN FUMESINDEPENDENCE ANNIVERSARY SPEECH CONFIRMS TINUBU’S INSENSITIVITY – PDPWHY WE DEPLOYED OUR MEN AT RIVERS STATE ELECTORAL COMMISSION OFFICE – POLICENIGERIA NEEDS INDEPENDENCE FROM STATE CAPTURE – PETER OBIFORMER US PRESIDENT, JIMMY CARTER, CLOCKS 100 YEARS TODAY, SHARES BIRTHDAY WITH NIGERIAI DIDN’T STEAL FROM KADUNA TREASURY, I’M READY TO SWEAR BY QURAN – EL RUFAIIT’S TIME TO COLLAPSE WIKE’S STRUCTURE IN RIVERS – FUBARA
Thu. Oct 10th, 2024

31 STATES RECORD ZERO FOREIGN INVESTMENT IN FIRST QUARTER OF 2024

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31 STATES RECORD ZERO FOREIGN INVESTMENTS IN FIRST QUARTER OF 2024

Data released by the National Bureau of Statistics (NBS) has shown that 31 states failed to receive any capital importation in the first quarter of 2024.

The states are; Abia, Adamawa, Akwa Ibom, Anambra, Bauchi, Bayelsa, Benue, Borno, Cross River, Delta, Ebonyi, Edo, Enugu, Gombe, Imo, Jigawa, Kaduna, Kano, Katsina, Kebbi, Kogi, Kwara, Nasarawa, Osun, Ondo, Oyo , Plateau, Sokoto, Taraba, Yobe, Zamfara.

Data review shows that the federal capital territory received the sum of $593.58 million as capital importation while Lagos got $2.7billion and Ekiti $1million.

Foreign direct investment in the first quarter also dropped compared to that of the last quarter of 2023.

The foreign direct investment figure of 2024 as of q1, stood at $119 million while that of q4, 2023, was $183.97 million.

It should be recalled that SaharaReporters review of capital importation data shows that in the 2023 fiscal year, only nine states received any form of capital importation out of Nigeria’s 36 states.

Lagos State led the pack with $2.5 billion capital importation followed by the federal capital territory, $1.1 billion.

Other states that received some form of capital importation are Ogun, Abia, Federal Capital Territory, Akwa-Ibom, Rivers, Ekiti, Adamawa and Anambra .

In a related development, investment in sectors such as banking dropped from $2 billion to $831 million in 2023.

Investment in Telecommunications also dropped from $456 million in 2022 to $133 million in 2023.

Recently, ShopRite closed a major mall in the heart of Abuja, citing business climate and financial constraints.Other companies have also exited the country citing business landscape and unfavorable financial conditions.

    • Dons Eze

    DONS EZE, PhD, Political Philosopher and Journalist of over four decades standing, worked in several newspaper houses across the country, and rose to the positions of Editor and General Manager. A UNESCO Fellow in Journalism, Dr. Dons Eze, a prolific writer and author of many books, attended several courses on Journalism and Communication in both Nigeria and overseas, including a Postgraduate Course on Journalism at Warsaw, Poland; Strategic Communication and Practical Communication Approach at RIPA International, London, the United Kingdom, among others.

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