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He noted that Nigeria recorded $1.44 trillion inflow of FDI in 2015 as against $1.028tr reported in 2020. “It is a far cry compared to countries like Ghana whose receipts are two times what Nigeria realised and Egypt, which is seven times what we received. FDI is an important source of capital funding for a country like Nigeria. Nigeria needs to come out with appropriate policies that will attract FDI especially on foreign exchange,” he said. He noted that for a less stable economy like Nigeria’s, assessment of social conflicts by potential investors will be a key consideration. “On revenue, Chukwu said: “Nigeria has a huge revenue shortfall which means we have to look for funds outside government budget. Total revenue has remained largely flat between 2015 and 2020.”

Johnson chukwuCowry asset managementCapital market correspondents association of nigeriaManaging directorCowry asset management limitedForeign direct investmentCapital market correspondents associationFiscal challengesExploring alternative fundகோழி சொத்து மேலாண்மைமூலதனம் சந்தை நிருபர்கள் சங்கம் ஆஃப் நைஜீரியாநிர்வகித்தல் இயக்குனர்கோழி சொத்து மேலாண்மை வரையறுக்கப்பட்டவைவெளிநாட்டு நேரடி முதலீடுமூலதனம் சந்தை நிருபர்கள் சங்கம்நிதி சவால்கள்