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Find all the economic and financial information on our Orishas Direct application to download on Play StoreNigeria attracted a total of $9.29 billion in foreign investment in the third quarter of 2019, the country's trade promotion commission said in a new investment report released on Friday. The mining and quarrying sector accounted for 98% of total investment in Q3, the Nigerian Investment Promotion Commission (NIPC) said at a press conference in Abuja. The sectors of information and communication, finance and insurance, transport, storage, real estate, health and social services, manufacturing and agriculture accounted for all the remaining 2%, Yewande Sadiku, director of nipc, told reporters. The main destination for investment during this period was the Niger Delta region, with 87 percent of the total, according to Sadiku, who said kaduna states in the north of the country, and Lagos, Anambra and Ogun in the south of the country, accounted for less than 1%. Other investment destinations have not been made public by investors, according to the official. Sadiku added that the government has taken the right steps to woo foreign investors to strengthen the country's economy.
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