Foreign investment in Agricultural Sector drops by 99%

Capital importation into Nigeria’s agriculture sector fell by 99.23 per cent from $237.83m in the fourth quarter of 2021 to $1.76m in the first quarter of 2022.

This was contained in the Nigerian Capital Importation report for Q1 2022 released by the National Bureau of Statistics.

The report revealed that there was a 99.23 per cent decline within three months.