DOWNLOAD PDF<\/a><\/div> [\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Dear Subscriber,<\/p>\nNigeria\u2019s goal of being the most attractive destination of investment by 2020 may be proving elusive. Empirical evidence shows that Nigeria, with 180mn people representing 2.37% of world population, only attracted 0.18% of inward foreign direct investment in the world. This is a suboptimal performance in portfolio and strategic investment indicators.<\/p>\n
Therefore to accomplish this lofty goal, Nigeria must attract at least 2% of global FDI flows or $40bn by 2020.<\/p>\n
The Buhari administration in the ERGP is looking to increase its diaspora flows above its current level of $21bn. Nigerians are now the 6th largest remitters of funds back to their country.<\/p>\n
The advantage of the improved flow of capital into the Nigerian economy is its capacity to bridge the infrastructure gap, now estimated at $300bn. The flows will not only increase GDP in terms of activity, but will serve as a catalyst and investment multiplier to other sectors of the economy and boost output.<\/p>\n
In this edition of the FDC Bimonthly publication, the FDC Think-Tank analyzes these issues and their implications on businesses and investment decisions.<\/p>\n
Enjoy your read![\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"
[vc_row][vc_column][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Dear Subscriber, Nigeria\u2019s goal of being the most attractive destination of investment by 2020 may be proving elusive. Empirical evidence…<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,21],"tags":[],"_links":{"self":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/26593"}],"collection":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/comments?post=26593"}],"version-history":[{"count":1,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/26593\/revisions"}],"predecessor-version":[{"id":26594,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/26593\/revisions\/26594"}],"wp:attachment":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/media?parent=26593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/categories?post=26593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/tags?post=26593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}