The National Bureau of Statistics (NBS) has listed Lagos, Akwa Ibom, Ogun, Oyo, Rivers states and the Federal Capital Territory, Abuja as the most investors-friendly destinations in the country in the first quarter of 2017.
According to the NBS, the five states and the FCT attracted a total of $908.268m capital importation in the first quarter of 2017, adding that Lagos got 95 per cent of the imported capital.
This was contained in the bureau’s report for the first quarter of the year.
It noted that Lagos, which is home to the head offices of the Nigerian Stock Exchange, most of the commercial banks and telecoms companies, attracted $865.718m capital importation.
The report also showed that while Akwa Ibom, which is a major tourism hub of the country, attracted $18.361m capital importation, the FCT attracted $14.867m.
It listed Ogun as the next investment-friendly state with a capital importation of $5.351m in the first three months of the year, while Oyo and Rivers came next with $3.419m and $550,000 respectively.
According to the report, the largest chunk of the imported capital, $302.47m, representing 33.5 per cent, came in from the United Kingdom, while the second largest, $215.66m, came in from the United States of America.
The bureau noted that this year’s record showed a 27.75 per cent improvement over the country’s achievement last year.
