In a recent report published by data analytics platform StatiSense, Lagos State has maintained its position as Nigeria’s top destination for capital importation, attracting a staggering $11.588 billion since September 2023. Closely following is the Federal Capital Territory, Abuja, with $7.890 billion in capital inflows.
Surprisingly, Abia State ranked third with $150.086 million, outperforming traditionally stronger economic zones in Nigeria, including Oyo ($48.311 million), Ogun ($8.951 million), and Kaduna ($6.01 million).
Other states featured in the report include:
Rivers — $6.00 million Enugu — $184,000 Ekiti — $160,000 Kano — $117,000 Akwa Ibom — $65,000
The data, sourced from the National Bureau of Statistics (NBS), also includes a regional breakdown using color codes:
🟣 South West (SW), 🟠 North Central (NC), 🔴 North West (NW), 🟢 South East (SE), 🟤 South South (SS).
While the South West continues to dominate, the significant performance of Abia, a South Eastern state, has sparked conversations on the region’s emerging investment potential. In contrast, states like Akwa Ibom and Kano recorded the lowest capital importation figures, highlighting a need for policy attention and economic re-strategizing.
The capital importation figures are part of broader efforts to track foreign investment trends and economic health across Nigeria’s subnational regions.
