# Nigeria’s capital importation reached $23 billion in 2025, minister says

> Trade Minister Jumoke Oduwole said Nigeria’s capital importation rose from more than \$12 billion in 2024 to \$23 billion in 2025, while Q1 2026 inflows rose 83% year on year.

- **Source date:** 2026-10-19
- **Original source:** [Punch Newspapers](https://punchng.com/fg-says-foreign-investment-up-83-reserves-top-50bn/)
- **Reading time:** 1 min read
- **Language:** English
- **URL:** https://voltformer.com/news/nigeria-capital-importation-rises-2025-q1-2026
- **Markdown:** https://voltformer.com/news/nigeria-capital-importation-rises-2025-q1-2026.md

## Nigeria’s capital importation reached $23 billion in 2025, minister says

Trade Minister Jumoke Oduwole said Nigeria’s capital importation rose from more than \$12 billion in 2024 to \$23 billion in 2025, while Q1 2026 inflows rose 83% year on year.

She said reserves exceeded \$50 billion and noted that much of the latest inflow was short-term portfolio investment. The minister called for more long-term capital for factories, infrastructure and productive businesses.

[Punch Newspapers](https://punchng.com/fg-says-foreign-investment-up-83-reserves-top-50bn/)

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