Lagos and Ogun states had the lion’s share of Nigeria’s $93,284,945,10559b FDI between 2013 and first quarter of this year. With dairy development programmes gaining ground in Oyo and Ekiti States, operators are equally optimistic that new investments might flow into neighbouring states. He said: “Foreign Investors will consider market and the purchasing power of the people before investing in any environment. What you see is that most of investments in Ogun State are a spillover from Lagos State. By Destination of Investment, Lagos state emerged as the top destination of capital investment in Nigeria in Q2 2020 with $1.13 billion.

Source: The Guardian November 24, 2020 04:41 UTC