Capital Importation And Budgetary Allocation (Transport Sector)
Capital Importation (US$ Thousand)
Budgetary Allocation (Billion )
Massive capital expenditure in Transport budgeted for 2016
Capital Importation: Since the dramatic decline in 2013, private and government sector investments in the sector have remained low in 2016.
Budgetary Allocation: Budgetary allocations to the transport sector have continued to fall since 2010. However, the budgetary allocations for capital expenditure rose exceedingly in 2016 reflecting the Presidents commitment to improve infrastructures, particularly in transport sector.
FDI, FPI and other Investments: Portfolio investment has continued to fall rapidly since 2014, while FDI inflows remain subdued since 2010
Public Debt-to-GDP Ratio: The ratio of Nigerias cumulative government debt to national GDP has maintained an upward trend indicating the countrys declining economic productivity and ability to repay
Public Debt Stock and Debt Servicing: Public debt stock has steadily increased overtime; reaching over N12, 000 billion naira by 2015Q4. With the persistent fall in crude oil price and the attendant d
Capital Importation: Investment in the oil and gas sector has remained low since 2009. However, investments into the sector fell more deeply in 2015, on the account of persistent global and domestic c