In a development that belies the much-vaunted US-Nigeria economic relationship, fresh data from the National Bureau of Statistics has shown that capital importation from Joe Biden’s country into Nigeria dipped by $59m in the 4th quarter of 2023.
The figure fell from $67.04 million in the third quarter of 2023 to $8.34 million in the fourth quarter signifying a decline of $59m in the period within review.
This statistics was contained in the latest Capital Importation recently released by the NBS.
