Despite collectively spending over N21.04bn on foreign trips over the past three years, 14 state governments, including Bauchi, Bayelsa, Benue, Borno, Cross River, Ebonyi, Edo, Gombe, Imo, Jigawa, Nasarawa, Taraba, Yobe, and Zamfara, have failed to attract any foreign investments, missing out on the $14.85bn influx that other states received between 2021 and the third quarter of 2023.
Notably, Bauchi spent N3.81bn, Bayelsa N1.99bn, Benue N1.33bn, Borno N1.73bn, Cross River N663.16m, Ebonyi N1.01bn, Edo N1.77bn, Gombe N32.09m, Imo N541.23m, Jigawa N1.10bn, Nasarawa N541.26m, Taraba N2.52bn, Yobe N1.24bn, and Zamfara N2.77bn.
The data is derived from state budget performance reports obtained from Open Nigerian States, though not all states provided comprehensive reports.
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