THE CONTRIBUTIONS OF FOREIGN DIRECT INVESTMENT TO THE NIGERIAN ECONOMY
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
This study investigated the contributions of Foreign Direct Investment inflows on growth of Nigerian economy. The study tested for the level of Foreign Direct Investment inflows into the country; variables that affect the contributions of Foreign Direct Investment inflows on economic growth in Nigeria. Variables used for the study include GDP, Foreign Direct Investment inflows, and openness of the Nigerian economy, infrastructural development, size of Nigerian government expenditure, inflation rate and exports. The time series data used for the variables were generated from CBN statistical bulletin and the International Financial Statistics for 11 years (1999 – 2009). A multiple regression technique was used to analyze the model built for the study. Results from the AdjR2, F-stat, DW, t-stats and trend analysis showed that (1) government sustained increased level of FDI inflow into the country safe for the effect of the global crisis that affect all countries in the world; (2) FDI inflows and its influencing variables have combined significant effect on the growth of Nigerian economy; (3) FDI inflows, openness of the Nigerian economy and infrastructural development can influence the economy positively; while, size of Nigerian government Expenditure, inflation rate and exports have negative relationship with the growth of the economy, and that none of the variables has significant independent influence on the growth of the economy. The study therefore concludes that FDI and other variables in the study have no significant effect on Nigeria economy.
Related Project Materials
ASSESMENT OF BACTERIA FOUND IN THE NIGERIA UNIVERSITY FACILITIES AND POTENTIAL HEALTH IMPACTS
ABSTRACT
Globally, human health is under threat due to the presence of diseases caused by microorganisms such as bacteria and viruses. Ba...
IMPLICATION OF ELECTRONIC BANKING AND CUSTOMERS’ SATISFACTION IN NIGERIA BANKS
ABSTRACT
The main focus of this study is to examine impact of e-banking...
EFFECT OF ADEQUATE USE OF AUDIO AND VISUAL AIDS IN THE TEACHING AND LEARNING OF SOCIAL STUDIES IN SOME SELECTED SECONDARY SCHOOLS
Background of the study
Audio and visual materials like radio, projector, chalkboard etc play a very im...
Generic Metadata Handling in Scientific Data Life Cycles
Introduction
This chapter introduces the dissertation by describing its context, the identified challenges, how the chosen challenge was...
THE IMPACT OF ECONOMIC FACTORS ON FUND ACCOUNTING STANDARDS
Abstract: THE IMPACT OF ECONOMIC FACTORS ON FUND ACCOUNTING STANDARDS
The objectives of this study are to: (1) explore the effect of econ...
ASSESSMENT OF EFFICIENT INVENTORY MANAGEMENT ON THE PERFORMANCE OF MANUFACTURING FIRMS IN NIGERIA
Background to the study
The material or inventory management function is one of the most relevant roles...
PUBLIC POLICY AND GRASS ROOT DEVELOPMENT IN NIGERIA (A CRITICAL APPRAISAL OF NATIONAL POVERTY ERADICATION PROGRAMME ON ASARI-TORU L. G. A OF RIVER STATE)
ABSTRACT
In am attempt to develop and improve th...
THE MARKETING PROBLEMS AND PROSPECTS OF FIVE STAR HOTEL
INTODUCTION
The Hotel Industry is primarily a service industry providing a wide range of services ranging from the provi...
AN EXPLORATION OF INNOVATIONS IN PROMOTING EMPLOYABILITY SKILLS THROUGH VOCATIONAL EDUCATION
ABSTRACT: Innovations in Promoting Employability Skills through Vocational Education examines innovative approaches to enhancing students' empl...
THE IMPACT OF EARLY CHILDHOOD EDUCATION ON SOCIAL JUSTICE AWARENESS
ABSTRACT: The impact of early childhood education on social justice awaren...
