Eight States Got zero Investment In Four Years – Report

At least eight states failed to attract any foreign investments but piled up N194.09bn debt between 2019 and 2022, according to findings by The PUNCH. Data from the Capital Importation reports of the National Bureau of Statistics revealed that Bayelsa, Gombe, Ebonyi, Jigawa, Kebbi, Taraba, Yobe and Zamfara did not attract any foreign investments to their states. However, data from the Subnational Debt reports of the Debt Management Office showed that these states had a combined debt of N710.38bn in 2019. By 2022, the combined debt of these eight states had…

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