2021: What’s holding back FDI into Nigeria?

The total capital imported into Nigeria declined by 59.6 per cent to $9.68 billion in 2020. This is the lowest level of capital importation in four years, according to the National Bureau of Statistics. Meanwhile, the United Nations Conference on Trade and Development says Nigeria attracted $2.6 billion worth of investments in 2020, which was lower than the $3.3 billion recorded in 2019. Kyari Bukar, Former Chairman of the Nigerian Economic Summit Group joins CNBC Africa for more.

Mon, 08 Feb 2021 12:09:13 GMT
Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.