Foreign investors bypassed 26 Nigerian states as the country recorded $2.60 billion in capital importation during the second quarter of 2024. This figure represents a significant 152.81% increase compared to the $1.03 billion reported in Q2 2023.
The latest capital importation report, released by the National Bureau of Statistics (NBS) on Tuesday, revealed that the number of states without any recorded foreign investments dropped slightly from 27 in Q2 2023 to 26 in Q2 2024. Lagos State remained the leading destination for capital inflows, securing $1.37 billion, or 52.52% of the total investment.
Following closely behind Lagos, the Federal Capital Territory (Abuja) attracted $1.24 billion, which accounted for 47.48% of total capital importation during the period.
Below is the full list of the 26 states that did not record any foreign investments from Q2 2023 to Q2 2024:
1. Bauchi
2. Bayelsa
3. Benue
4. Borno
5. Cross River
6. Delta
7. Ebonyi
8. Edo
9. Enugu
10. Gombe
11. Imo
12. Jigawa
13. Kaduna
14. Kano
15. Katsina
16. Kebbi
17. Kogi
18. Kwara
19. Nasarawa
20. Osun
21. Oyo
22. Plateau
23. Sokoto
24. Taraba
25. Yobe
26. Zamfara
