Foreign Investment in Nigerian Manufacturing Plunges 54% Despite Growth in Capital Inflows

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LagosPolice

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Oct 14, 2020
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Although Nigeria saw robust growth in overall capital importation in 2025, foreign investment into the manufacturing sector declined sharply by 54%, according to new data.

The drop suggests a shift in investor focus toward financial assets, real estate, and portfolio inflows rather than productive manufacturing industries.

Economists warn that sustainable growth requires revitalizing the manufacturing sector to support job creation and export diversification.