Tag: benue

Amid zero FDI, 14 states spends N21bn on foreign trips – Reports

Despite spending at least N21.04 billion on foreign visits over the previous three years, 14 state governments have failed to attract any sort of foreign investment in their domains. Bauchi, Bayelsa, Benue, Borno, Cross River, Ebonyi, Edo, Gombe, Imo, Jigawa, Nasarawa, Taraba, Yobe, and Zamfara are the affected states. Between 2021 and the third quarter of 2023, these states failed to attract any of the $14.85 billion in foreign investment into Nigeria. Between 2021 and 2023, Bauchi spent N3.81bn on foreign trips without having anything to show for it. ...

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