By Ayomide Otitoju
The National Bureau of Statistics (NBS) has disclosed that Nigeria’s agricultural sector drew $167.25 million in capital importation in 2025, reflecting periods of fluctuating investor confidence throughout the year.
According to the Q4 2025 Capital Importation report, the sector attracted $24.15 million in Q1, surged to $67.24 million in Q2, dipped to $24.67 million in Q3, and rebounded to $51.19 million in Q4. The fourth-quarter inflows coincided with a broader rise in Nigeria’s total capital importation, which reached $6.44 billion—a 26.61% increase from $5.09 billion in Q4 2024.
While agriculture remains an attractive sector, inflows appear sensitive to policy interventions, seasonal cycles, and financing access along the agribusiness value chain. Structural challenges, including inadequate rural infrastructure, insecurity in farming regions, and foreign exchange uncertainties, continue to limit larger investments.
The NBS noted that portfolio investment dominated overall capital inflows, accounting for $5.49 billion or 85.14% of the total. Foreign Direct Investment (FDI) contributed $357.80 million (5.55%), while other investments totaled $599.65 million (9.31%).
Analysts view the steady inflows into agriculture as a sign of the sector’s long-term potential amid Nigeria’s ongoing efforts to diversify its economy away from oil revenues. The Q2 and Q4 surges highlight periods of improved investor confidence, likely linked to targeted policies and enhanced financing options.
