Foreign investment into Nigeria’s production and manufacturing sector in the first nine months of 2025 dropped 54.11 per cent, despite a 131.96 per cent surge in overall capital importation, The PUNCH has found. This contrasted with $191.92m in Q1 2024, a significant spike of $624.71m in Q2 2024, and $189.22m in Q3 2024. Other Investment accounted for $864.57m or 14.37 per cent, while Foreign Direct Investment trailed with $296.25m, representing just 4.93 per cent. Stakeholders welcome the general improvement in capital inflows but worry about the continued weak inflows into the productive and manufacturing sectors. “The manufacturing sector is not benefiting from this renewed confidence because its operating environment remains structurally weak,” he remarked.

Source: Punch February 23, 2026 12:40 UTC