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Okorocha, El-Rufai, 20 other states’ govs fail to attract any investment in Q1

Contrary to claims of inflow of investments to their states since this year, figures from the National Bureau of Statistics (NBS) have revealed that between January and March this year, about 22 state governors could not attract any form of fresh investments into their states.

This is confirmed by an analysis of the capital importation report of the federal agency.

Otherwise, the capital importation report, prepared by NBS, contains the total amount of fresh investments attracted into the Nigerian economy during a particular period of time.

According to the report, none of the 22 states contributed to the entire $6.3bn (N2.26tn), which the federation attracted during the three-month period even though they received federal allocations within the period under review.

Other states after Imo and Kaduna include Abia, Bayelsa, Ebonyi, Edo, Ekiti, Gombe, Imo, Jigawa, Kaduna and Zamfara. Others are Yobe, Taraba, Sokoto, Plateau, Niger, Nasarawa, Kwara, Kogi, Kebbi, Katsina, Ondo and Osun. Based on the analysis of the report, only 15 state governments led by Lagos, Ogun and Rivers, were able to secure fresh investments in the first quarter of 2018.

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