Foreign investment into Nigeria’s oil and gas is still in its lowest state as inflow hit as low as $10.09 million in first-quarter 2020 which is still a sharp decline compared to $327.30 million recorded in 4th quarter of 2016.
In as much as we are running an economy mostly dependent on crude oil earnings, figures obtained from public data agency National Bureau of Statistics (NBS) revealed that foreign capital inflow into the oil and gas sector accounts for about 0.17 per cent of total foreign investments into the Nigerian economy,
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