Nigeria’s 148% FDI Jump Is Not Yet Development: FG Should Stop Celebrating Headlines, Roll Up Its Sleeves And Get To Work – By Pastor Prof Chukwuemeka Ifegwu Eke
Nigeria’s 148% FDI Jump Is Not Yet Development: FG Should Stop Celebrating Headlines, Roll Up Its Sleeves and Get to Work Nigeria’s reported 148 per cent increase in Foreign Direct Investment, from approximately $1.61 billion in 2024 to $4.01 billion in 2025, is undoubtedly a positive development. At a time when total FDI inflows into Africa reportedly declined by about 26 per cent, Nigeria’s ability to attract significantly more foreign capital deserves acknowledgement. It suggests that some degree of international investor confidence may be returning following reforms in the foreign exchange market, fiscal administration, petroleum sector and broader macroeconomic environment.…
