Nigeria Economic Chart Park

Capital Importation And Budgetary Allocation (ITC)

Capital Importation (US$ Thousand)

Investor appetite in ITC, a recovery?

Budgetary Allocation (Billion )

Prioritizing ITC?

Capital Importation: Given the positive outlook on the ITC sector in the past few years, investments in the sector reached a 10-year peak in 2014. However, the foreign investment fell marginally in 2015 but show resurgence in 2016 possibly indicating investors rising appetite in the ITC sector.

Budgetary Allocation: Budgetary allocation for the sector increased significantly in 2016, signalling government interest in boosting ITC sector performance. Capital expenditure championed budget allocations in the sector, while recurrent spending recorded a slight decline.




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