..seeks higher 2026 funding to sustain gains
By Gift ChapiOdekina,Abuja
Nigeria’s capital importation surged to a record $21 billion within the first 10 months of 2025, a 75% leap from roughly $12 billion recorded in the corresponding period of 2024. 
Disclosing this during the 2026 budget defence before the Joint House of Representatives Committee on Commerce in Abuja, Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, attributed the sharp rise to renewed investor confidence driven by targeted reforms of the Federal Government. 
She said the ministry curated over $5 billion in bankable projects, established sector-specific deal rooms, and hosted Nigeria’s first Domestic Investors’ Summit initiatives.
Oduwole noted that these measures helped unlock financing pipelines and resolve about 50 longstanding investor bottlenecks.
“These interventions re-engaged domestic capital and accelerated the transition of projects from proposal to implementation,” the minister
Read more on Vanguard