Ogun Fails To Attract Foreign Investments In 2022 – NBS

Ogun State failed to attract any foreign investments into its economy in 2022, according to the National Bureau of Statistics (NBS).

In 2021, Ogun State attracted foreign investments worth $1.06 million.

Earlier in 202o, more than $13 million foreign investments was attracted to the state.

The NBS in its Nigeria’s 2022 capital importation report said 26 others states also failed to attract foreign investments in 2022.

Other states who also failed to attract any investments in 2022 are Nasarawa, Kwara, Kano, Niger, Ondo, Osun, rivers, Sokoto, Taraba, Tobe and Zamfara.

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Others are Cross River, Ebonyi, Delta, Edo, Gombe, Imo, Abia, Adamawa, Bauchi, Bayelsa, Benue, Borno, Jigawa, Kaduna and Kebbi states.

Top destination of foreign investors in 2022, according to the bureau are Lagos state which attracted $3.59 billion investments and Abuja ($1.62 billion), as well as Anambra, Oyo, Ekiti, Enugu, Katsina, Kogi and Plateau states.