Investor Presentaiton
Sectors
Others
Transportation
Pharmaceuticals
Tourism
Solid Minerals
Oil & Gas
Comm./Telecoms
Cons./Engring
Agro/Agro Allied
Manufacturing
Services
515
3
33
59
0
50
100
150
60
200
No. of Quota Positions
2004 2005 2006
250
300
350
400
Sectoral Performance on FDI Captured through NIPC Approvals/Permits
In 2007, the Manufacturing sector recorded the highest inflow of foreign
investment of $23,070.31m representing 98.09%, with about 112 companies
registered and a total of 30,847 people employed. The Service sector followed
with 72 companies' registered and total employment of 3,996 people, its total FDI
attracted of $373.76m or 1.59% is far below that of Manufacturing sector. The Oil
& Gas sector followed with a total foreign investment of $54.01m or 0.23%, it
registered 28 companies with an employment level of 4,856 people. While the
Agric Agro allied sector registered about 36 companies with foreign capital far
below with $12.42m or 0.05% and an employment level of 2,135 people. The
Engineering & Construction followed with a total of $6.50m foreign capital all or
0.03% and registered a total of 30 companies with an employment level of 7,839.
The Tourism, Solid Minerals, Communications and Infrastructural sectors
recorded about $2.22m or 0.01% all together with 30 companies registered and an
employment level of 3,247. While the least performing sectors during the period
under review were the Chemicals and Petro Chemicals, Pharmaceuticals and
Transport which registered about 14 companies with a total employment of 3,088
people, there was no foreign capital inflows recorded.
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