• We Are Ready – INEC
  • INEC Assures Riverine Bakassi People, IDPS Of Voting
  • Adamawa Religious Leaders Urge Politicians To Play By The Rules
  • Security Agencies Ready For Election In Ondo
  • A 2019 Rescheduled Election: Lagos Residents In High Spirits
  • INEC Sure Of Smooth Elections In Borno Despite Security Challenges
  • INEC Distributes Materials In Enugu, Assure Of Hitch-Free Exercise
  • Enugu Police Promises Safe Environment For Elections
  • Magus Abe Loses At Court Of Appeal
  • Civil Society Situation Room Expresses Concern Over Killings
EN
Saturday 23rd Feb 2019
AIT - Africa Independent Television
AFRICA
INDEPENDENT
TELEVISION
    • Breaking News
    • Now on TV
    • Watch AIT Now
    • Our Media Channels
    • Facebook
    • Twitter
    • Youtube
    • Google +
    • Instagram
    • RSS
    • DAAR
      • AIT
      • DAAR Communications
      • DAAR SAT
      • Ray Power
      • Faaji FM
  • News
    • Politics
    • Nation
    • Security
    • History
    • Business and Economy
    • Environment
    • Sports
    • Niger Delta
    • Science and Tech
    • Education
    • Health
    • Transport
    • Arts and Culture
    • Religion
    • Gender and Youth Development
    • Entertainment
    • International News
    • Oddities
    • Court orders Dasuki’s trial to continue


  • TV
    • #
      Now Showing: Democracy In Session
    • TV programmes
    • Schedule
    • Presenters
    • Religion
    • Children
    • Drama
    • Entertainment
    • Talkshow
    • Current Affairs
    • Public Enlightenment
    • Business
    • Musicals
    • Sports
    • Women
    • Magazine/Talk Shows
    • Soap Opera / Series
    • Culture And Tourism

  • AIT Live
  • About
    • About AIT
    • Timeline
    • Careers
    • Awards and Recognition
    • Management Team
  • Contact
    • Contact Us
    • Locations
  • Top Up
  •  

Nigerian Economy Records $45.7BN Investment Commitments

comments
by AIT / 5 months ago / Nation 
The Nigerian economy recorded a total investment commitment of forty-five point seven billion dollars in various sectors of the economy within the first six months of this year.

Nigerian Economy Records $45.7BN Investment Commitments

Figures obtained from the Nigerian investment promotion commission showed that the forty-five point seven billion dollars investment commitments were made for forty-two projects in nine states and the federal capital territory.

The sectoral analysis of the commitments indicates that investors were willing to invest in 12 sectors of the economy.

An analysis of the investments showed that mining and quarrying accounted for sixty-one per cent of the value; manufacturing, 28 per cent; transportation and storage, five per cent; real estate, three per cent; and the remaining sectors accounted for three per cent.

The executive secretary, NIPC, Yewande Sadiku, says the commission is working with states to make them more attractive to investors.

She said the commission had a seamless collaboration with the states to enable it to monitor closely investments inflow into the country, as a one-stop center.

The promise to invest the forty-five point seven billion dollars was secured from investors in eleven countries.

Companies from France accounted for thirty-five per cent of the value. This, it noted, was closely followed by investment made by Nigerian companies at thirty-one per cent.

Rivers state was the biggest beneficiary of the announcements with thirty-five per cent in favour of the state.

Bayelsa and Lagos states accounted for twenty-six per cent each, while delta state accounted for seven per cent.

Previous: Women World Basketball: D’tigresses Face Turkey Next: Catholic Bishop Advises Nigerians To Shun Corruption
Share

comments powered by Disqus

Related Posts

We Are Ready – INEC
INEC Assures Riverine Bakassi People, IDPS Of Voting
Security Agencies Ready For Election In Ondo
A 2019 Rescheduled Election: Lagos Residents In High Spirits
INEC Sure Of Smooth Elections In Borno Despite Security Challenges
INEC Distributes Materials In Enugu, Assure Of Hitch-Free Exercise
advertisement

Popular articles

  • #

    Foreign Observer Group Reveals Planned Attacks On Public Institutions In Kano By Thugs

    3 days ago
  • #

    NURTW Reduces Transport Fares By 50%

    3 days ago
  • Buhari Swears In Eight New Permanent Secretaries

  • Ondo APC Group Accuses Akeredolu Of Anti-Party Activities

  • EFCC To Appeal Ruling Restraining It From Declaring Abdulrasheed Maina Wanted

  • #

    Parties Inspect Retrieved Electoral Materials In Niger State

    3 days ago
  • #

    INEC Sorts Out Sensitive Election Materials In Yenagoa Ahead Of Feb. 23 Poll

    3 days ago
  • #

    CAS Buratai Meets Army Chiefs, Review Election Security

    3 days ago
  • #

    N2.1BN Money Laundering Trial: Dokpesi To Open Defence On May 9

    3 days ago
  • #

    President Buhari Pledges To Reduce Oil Output

    Nation  3 days ago

Mobile Top Up

advertisement

@AIT_Online tweets

Tweets by @AIT_Online

Travel / Weather

11:06 PM

Popular Tags

Anyigba AIT Kogi Minister of Interior NLC Michael Jackson

Information

AIT is a subsidiary of DAAR Communications Plc. DAAR Communications Plc is the foremost Independent Broadcast Organization in the Federal Republic of Nigeria pioneering private/independent broadcasting with the establishment of RayPower 100.5FM, AIT, Daarsat -The first fully Nigerian base digital multi-channel direct-to-home subscription TV and an indigenous station FAAJI FM

Email: info@aitonline.tv

From our Blog

  • The Message And The Messenger

    1 year ago
  • #

    Opinion: When Education Becomes A Priority

    2 years ago
  • Boko Haram: The Beginning Of The End And The End Of The Beginning

    2 years ago
  • #

    BUY NAIJA TO GROW THE NAIRA CAMPAIGN: CHALLENGES AND PROSPECTS

    2 years ago

Links

  • Home
  • News
  • TV
  • Videos
  • AIT Live
  • About
  • Contact

Follow us

advertisement
ist nigeria
© 2019 Africa Independent Television. All Rights Reserved. Powered by Infostrategy Technology.