Economic and Financial Review
Publisher
Central Bank of Nigeria
Keywords
Foreign private investment, Foreign investment, Industries, Fixed assets, Nigeria.
Abstract
The result of the annual foreign private investment survey conducted by the Central Bank of Nigeria in 1993 are presented in this report. The survey covers 721 establishments that are either fully foreign owned or are in partnership with Nigerians/Nigerian agencies or enterprises doing business in Nigeria. Questionnaires were retrieved from 370 companies, representing a response rate of 51.0 per cent. Statistical adjustment were however made for the non-responding institutions. The analyses of the report are presented in eight parts. In Part I, the flows of foreign investment by regions of origin, components and sectoral distributions are discussed. The cumulative and net foreign investment are analysed in Parts II and III, respectively. Part IV focuses on foreign investment in the manufacturing and processing sector by industries and by regions. The cost and book values of the fixed assets of the establishments are examined in Part V, while the cumulative and current reserves for depreciation of these assets are presented in Part VI. The ownership structure and equity of the companies are presented in Part VII while Part VIII contains the summary of the report.
Publication Title
CBN Economic and Financial Review
Issue
1
Volume
35
Recommended Citation
Central Bank of Nigeria. (1997). Foreign private investment in Nigeria - 1993. CBN Economic and Financial Review, 35(1), 79-144.