In 2019, nearly half of Nigeria’s states attracted foreign capital investment. Fast forward to 2024 and early 2025, and that number has shrunk to just six. This sharp decline reveals a stark truth: Nigeria’s economic growth is uneven, leaving many regions behind and undermining hopes for truly inclusive development.

Foreign Direct Investment, often channelled through multinational enterprises (MNEs), plays a pivotal role in driving economic development. As VoxDevLit, a platform for ec

In 2019, nearly half of Nigeria’s states attracted foreign capital investment. Fast forward to 2024 and early 2025, and that number has shrunk to just six. This sharp decline reveals a stark truth: Nigeria’s economic growth is uneven, leaving many regions behind and undermining hopes for truly inclusive development.

Foreign Direct Investment, often channelled through multinational enterprises (MNEs), plays a pivotal role in driving economic development. As VoxDevLit, a platform for ec