Monthly SweetcrudeReports July 2022: Foreign capital inflow into Nigeria’s oil sector down 98%
The Nigerian oil and gas industry suffered a significant decline in foreign investment inflow into the country in the first quarter of 2022, as capital importation into the sector dipped by 98.11 per cent to $0.61 million in the period, compared with $32.31 million recorded in the fourth quarter of 2021.