Nigeria’s Foreign Direct Investment
(FDI) hit $8.9 billion in 2011.
That’s according to the Minister of
Trade and Investment, Dr Olusegun Aganga.
The
figure represents 16 per cent of Africa’s total FDI of $55 billion in 2011,
making it the leading investment destination in Africa.
Mr Aganga attributed the increase to
growing investor confidence.
According to him, the federal
government is committed to consolidating on the gains so far recorded by
strengthening the one-stop investment centre of the Nigeria Investment
Promotion Commission (NIPC).
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