Nigeria’s capital importation rose sharply to $21 billion in the first 10 months of 2025, marking a 75 per cent increase from the approximately $12 billion recorded during the same period in 2024.
The Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, disclosed the figures on Wednesday while defending the ministry’s 2026 budget proposal before the Joint House of Representatives Committee on Commerce in Abuja. She attributed the surge to renewed investor confidence spurred by targeted reforms introduced by the Federal Government.
Oduwole explained that the ministry curated over $5 billion in bankable projects, established sector-specific deal rooms to fast-track investment processes, and hosted Nigeria’s first Domestic Investors’ Summit as part of efforts to deepen private sector participation.
She noted that the initiatives were designed to position Nigeria as a more attractive investment destination, enhance trade competitiveness and unlock opportunities across priority sectors of the economy.
The minister, however, sought increased budgetary allocation for 2026, stressing that sustained funding would be crucial to consolidating the gains made, maintaining investor momentum and driving inclusive economic growth.
Nigeria’s Capital Inflows Jump 75% to $21 Billion in 2025 – FG
