In January 2013, The minister of Trade and Investments, Olusengum Aganga, said N8.5 trillion FDIs are coming to Nigeria over the next 5 years as a direct consequences of the Federal Government that would attract investors to the country. This means its ongoing reform is growing in strength.
In 2011, Nigeria was the leading investment destination in Africa after recording a foreign direct investment (FDI) of $8.9 billion, said Olusegun Aganga, Minister of Trade and Investment, at the ongoing FBN Capital Conference in Lagos. The $8.9 billion represented about 16 percent of Africa’s total FDI of $55 billion in 2011.