Foreign Direct Investment (FDI) inflow to Anambra in the last three years stood at 7.2 billion dollars, the Anambra State Investment Promotion and Protection Agency (ANSIPPA) has said.
Its Chairman, Igwe Cyril Enweze, told the News Agency of Nigeria (NAN) in Awka on Thursday that this quantum of investment was attracted to the state due to the government’s clear economic policy
Enweze, a renowned economist, said the agricultural sector was the biggest beneficiary followed by aviation sector.
According to him, the aviation sector got a large chunk of the investment with the inauguration of the 2.2 billion dollars Airport City Project on April 11.
He said some of the Memorandum of Understanding (MoUs) had not been implemented because of the instability in the local economy which had led to depreciation of the naira from N196 when the MoUs were signed to over…
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