The Federal Government’s revenue from Foreign Direct Investment into Nigeria in the second quarter of 2024 dropped to $29.83m.
The latest capital importation report by the National Bureau of Statistics shows that the FDI dropped by 65.33 per cent compared to the $86.03m recorded in the same period last year.
The development marks the lowest level ever recorded based on available data up to 2013.
It also dropped by 74.97 per cent from the $119.18m reported in the preceding quarter of 2024.
