funny country.where is mr president self

Omo

LadySarah:
I knew Abia would. Okezie has been spending money lately and commissioning roads like crazy.

Commerce is doing well here, if you don't have what gives you food, you did yourself.

My sister okézie is trying for road in aba ooooo. I surprise. The guy dey do road as if he won lottery

haba, even River state.. i no believe am.

Cross River and Kogi States why?? Despite not recording any case of covid in the heat of it all yet no FDI

EmeraldKing7:
Factors that caused it

1.The Pandemic

2.Quadriplegic state of the power sector in the country

3.Political insecurity

4.Bad Infrastructure

2 3 4

covid is general

Artzdanielsz:

My sister okézie is trying for road in aba ooooo. I surprise. The guy dey do road as if he will lottery

Ahswr o.....they guy jus dey shock everybody

LadySarah:
I knew Abia would. Okezie has been spending money lately and commissioning roads like crazy.

Commerce is doing well here, if you don't have what gives you food, you did yourself.

OVI just woke up from sleep. PDP working because of APC threat in 2023 .

Na solid road we need

Helinues


Cc lzaa

I know say Kwara go dey there.

Who wan invest? When turnover na 30% bribes and police settlements

Its better to invest your money elsewhere

Which sane person would invest in a country like Nigeria?......

Before you even start any process, lots of brown envelopes must flow uncontrollably........

They change policies like the British weather.........

With the high rate of yahoo in Delta, no foreign investment? I thought they said yahoo boys are the one investing while politician steal to abroad. And yahoo boys are from them to invest here. Useless excuses for crime

Wait $20k dollar investment?

A report said Kogi is highest FDI because of not shutting down economy during 2020 covid 19. Now, less than 2 months another report listed Kogi state as one of zero FDI.


Indeed naija is a joke

I know say Ekiti go dey there.
Sighs

ijustdey:
The year’s foreign investment fell by 59.7 per cent, and only 10 states and Abuja received inflows.


https://www.premiumtimesng.com/news/headlines/441330-twenty-six-nigerian-states-record-zero-foreign-investment-in-2020.html

SW and North well represented

It's a macroeconomic policy failure of the FG.

The states have little fault on this.
A FG that closes borders, restricts crypto, prevents free market economy will not get investment.

It's not rocket science.

Just like osinbajo said, let us close shop.

Lexusgs430:
Which sane person would invest in a country like Nigeria?......

Before you even start any process, lots of brown envelopes must flow uncontrollably........

They change policies like the British weather.........

Are the following places in your country and not in Nigeria?: quote, Lagos emerged as the top destination for capital investment in Nigeria with $8.3 billion, followed by Abuja, which received $1.3 billion. The others on the list are Abia State with relatively lower $56 million, Niger with $16.4 million, and Ogun with $13.4 million.

The FDI inflow is at all time low.

And the alarming thing is that it is still going to fall even further.

Local investments are being crippled, why will foreign come in?
Look at what happened to Gokada?

And the CBN is playing ping-pong with the economy and investors hate unstable policies.

EmeraldKing7:
Factors that caused it

1.The Pandemic

2.Quadriplegic state of the power sector in the country

3.Political insecurity

4.Bad Infrastructure

I think you meant to say EPILEPTIC.

LadySarah:
I knew Abia would. Okezie has been spending money lately and commissioning roads like crazy.

Commerce is doing well here, if you don't have what gives you food, you did yourself.

If those are the things the FDI to the state was used for, then there is a big problem for the State very shortly. FDIs come with an expected RoI.

PROUDIGBO:


I think you meant to say EPILEPTIC.

They are different bro

Litmus:


Are the following places in your country and not in Nigeria?: quote, Lagos emerged as the top destination for capital investment in Nigeria with $8.3 billion, followed by Abuja, which received $1.3 billion. The others on the list are Abia State with relatively lower $56 million, Niger with $16.4 million, and Ogun with $13.4 million.

$8.3b is nothing.
South Africa made more than that from tourism alone.
We are not even talking about FDI.

The total FDI into NIgeria is less than $10b.

That is a crying Shame.

blinking001:
Nobody should come here and blame Buhari ...blame your state Governors, federal house of reps members, senators for the lack of foreign investments in your respective states and leave Buhari out of the equation.......

thanks my brother, next election they will go and vote governors that lacks managerial skills, bereft of ideas and those without national clout to attract local investors not to talk of international posture to attract foreign investors.

LadySarah:
I knew Abia would. Okezie has been spending money lately and commissioning roads like crazy.

Commerce is doing well here, if you don't have what gives you food, you did yourself.

56million dollars for a whole year is what you are rejoicing about?

A paltry 56 million dollars.

And I am sure a large percentage of that went to onto oil extraction.

Shine86:
thanks my brother, next election they will go and vote governors that lacks managerial skills, bereft of ideas and those without national clout to attract local investors not to talk of international posture to attract foreign investors.

The FG has more to do with foreign investment than any governor.

If investors can't repatriate their profits quick due to a CBN policy, or struggling with a Federal policy, there is nothing your governor can do to attract them.

In fact, the governor should build roads like the German autobahn, they will not come.

We will need to know the root cause of problems and address them strategically.

and that's the way it starts, very soon we will enter poorest countries category. so out of all the resources we have Nigerian government cant create job for citizens, Shameful

An efficient power sector alone can bring investment than anything any governor can do.

Taxation, monetary policy, these are things that affects foreign investment.

No governor controls those.