[OPINION] $7.2billion Investment Claims: How Governor Obiano’s Government Lied

...He is yet to attract even $10million worth Investment into the state .

By Ikechukwu Emeka Onyia

Any Educated or exposed person that sees Gov Obiano billboards where he wrote that his govt attracted $7.2billion ( 7.2billion US dollars ) investments into Anambra State will be asking what does this Govt takes people for ? Fools or what ?

It is on record that Anambra State under Gov Obiano who assumed power in 2014 is not among first 30 states in Investment destination in Nigeria .

Let's look at these :

In 2014 , Nigeria attracted $4.7billion Investment .

In 2015 , Nigeria attracted $3.4billion capital import (Investment )

In 2016 , Nigeria attracted $5.12billion Investment .

In 2017 first quarter , Nigeria recorded $908,27 Million .

In all these , Lagos State has been leading in attracting of Investments in period under review with over 70% share of the total FDI of the Country.

For example: in 2016 , Lagos state gained over 96.36% out of $5.12billion of Nigeria's 2016 FDI that is to say that $4.9billion investments of 2016 FDI went to Lagos alone and thereby leaving $22million for the entire 35 states and FCT to share .

It is also of note that Anambra State under Gov Obiano is not even near No 27 among the leading state that shared the remaining $22million .

Another example is the case of first quarter of 2017 , Nigeria attracted FDI worth $908.27 million .

Lagos State and continued to lead in Investment destination with 95.32% ( $865.5million) and leaving $42.77 million for other 35 state and Abuja to share .

Akwa Ibom State came 2nd with $18.36million .

Akwa Ibom collected $18.36 from the remaining $42.77million and we get to $24.41million.

Abuja (FCT) came 3rd with $14.87million from the $24.41million and the balance is $9.54million .

Now the point is that the rest of the remaining states were left with $9.54million to share .

If the entire Country made $13.9billion within the period under review and Lagos State took over 80% of this attracted Capital to herself  leaving below $3billion for the rest of 35 states + FCT to share , how did Gov Obiano Govt get her $7.2billion from below $3billion ?


Then , where did Gov Obiano led Propaganda Govt got their so called $7.2billion claimed Investments from ?

Is there any sector in Anambra State under Gov Obiano that has gained up or  $5million ? So why is this govt lying with everything ?

What does Gov Obiano Govt takes us for ?

Anambra State under Govt Gov Obiano should stop lying to the Public !

For the record purposes , Anambra State is one of the most educated and informed people in Nigeria and for such laughable figure that did not pass any known statistics test or economic test to be dishing out for them by Governor Obiano led Govt is unfortunate .

We are heading down the line with this Govt and history will not be kind if we return this inept Govt .

Ikechukwu Emeka Onyia©2017
Abuja,Nigeria