Nigeria, June 4 -- During the first quarter of 2026, Nigeria's manufacturing industry saw a notable drop in foreign investment even as total capital inflows into the nation soared to record levels.



The News Chronicle reports that new statistics from the National Bureau of Statistics revealed that the manufacturing industry drew $152.27 million in foreign cash between January and March 2026, just 1.47 percent of the overall $10.37 billion brought into the Nigerian economy during the period.

At a staggering 50.7 percent decline from the $308.93 million recorded last quarter, the number raises fresh questions about investor trust in Nigeria's productive industries.



Even if manufacturing investment climbed by 17.2 percent over the ...