Generally, policies and strategies of Nigerian government towards foreign direct investment are shaped by two principal objectives of the desire for economic independence and the demand for economic development. Multinational corporations are expected to bring into Nigeria foreign capital in the form of technical skills, entrepreneurship, and technology and investment fund to boost economic activities thereby raising the standard of living in Nigeria.The main issues in this paper relates to understanding the effects of foreign direct investment on the Nigerian economy as well as our ability to attract adequate amounts, sufficient enough to accelerate the price of our economic growth and development. From related research and studies, it was revealed that multinational corporations are highly adaptive social agents and therefore, the degree to which they can help in improving economic activities through FDI will be heavily influenced by the policy choice of the host country. Therefore this research work examines FDI and development of the Nigerian economy from 1990 / 2010, a period o 20 years, using an ordinary least square method of regression, the trade o relationship between FDI and GDP in Nigeria was examined, the result showed that FDI has a positive relationship with GDP and a positive change in FDI will increase GDP by 50.594 and also the nature and magnitude of FDI can be determined.
TABLE OF CONTENT Title page - - - - - - - - - - - I Certification- - - - - - - - - - II Dedication- - - - - - - - - - - III Acknowledgement- - - - - - - - - IV - V Abstract- - - - - - - - - - - VI - VII Table of content- - - - - - - - - - VIII - XI
CHAPTER ONE 1.1 Background of the study- - - - - - - - 1 - 3 1.2 Statement of problem- - - - - - - - 3 - 4 1.3 Research questions- - - - - - - - 4 - 5 1.4 Objectives of the study- - - - - - - - 5 1.5 Significance of the study- - - - - - - - 5 - 6 1.6 Research hypothesis - - - - - - - 6 - 7 1.7 Scope and limitation of the study- - - - - - 7
CHAPTER TWO LITERATURE REVIEW 2.1 Conceptual element- - - - - - - - 8 - 9 2.1.1 Definition of foreign direct investment- - - - - 9 - 10 2.1.2 Foreign direct investment and multinational corporation- - 10 - 12 2.1.3 Gains of foreign direct investment- - - - - - 13 - 15 2.2 Theoretical literature- - - - - - - - 15 - 18 2.2.1 The theory of foreign direct investment- - - - - 18 - 22 2.3 Empirical literature- - - - - - - - 22 - 25 2.3.1 The role of Nigerian investment promotion commission (NIPC) in the promotion of FDI in Nigeria - - - - - - 25 - 28
CHAPTER THREE 3.0 Methodology- - - - - - - - - 29 - 30 3.1 Model specification- - - - - - - - 30 3.2 Method of evaluation- - - - - - - - 31 3.2.1 Evaluation based on economic criteria- - - - - 31 3.2.2 Evaluation based on statistical criteria- - - - - 31 - 32 3.2.3 Evaluation based on econometric criteria- - - - - 32 - 33 3.3 Justification of the model- - - - - - - 33 3.4 Data sources- - - - - - - - - 34
ABSTRACT Generally, policies and strategies of Nigerian government towards foreign direct investment are shaped by two principal objectives of the desire for economic independence and the demand for economic development. Multinational corporations are expected to bring into Nigeria foreign capital in the form of technical skills, entrepreneurship,... Continue Reading
AN ASSESSMENT OF THE IMPACT OF FOREIGN DIRECT INVESTMENT ON NIGERIAN ECCONOMIC GROWTH (1990-2011) CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF THE STUDY Investors’ decisions and actions globally are influenced significantly by the dictates of self-interest which suggests that capital, not only be channeled... Continue Reading
ABSTRACT This study assess the impact of Foreign Direct Investment in Nigerian economic growth over the period of 1990-2011. Data from Central Bank of Nigeria (CBN) Statistical Bulletin was used. The Ordinary Least Square (OLS) technique was specified and used to examine the relationship between the variables which includes the Gross Domestic... Continue Reading
ABSTRACT The study of the nature involves a lot of deep research and understanding of the factors, which creates the effects on the subject matter. Primarily, these factors were more economical than managerial as the case may be, on the understanding that this research work is being casual out under a management setting or department. Just as... Continue Reading
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY As a result of increases in the wave of globalization and liberation since the 1980’s the penetration, banking and discriminating of barrier to trade investment capital flows and technology movements across national frontiers have... Continue Reading
CHAPTER ONE 1.0 AN OVERVIEW This chapter will discuss mainly about the introduction, background of the study, problem statement, objectives, scope of study, significant, limitations involved and concern on the definition of key terms used in this research study. 1.1... Continue Reading
ABSTRACT The study of the nature involves a lot of deep research and understanding of the factors, which creates the effects on the subject matter. Primarily, these factors were more economical than managerial as the case may be, on the understanding that this research work is being casual out under a management setting or department. Just as the... Continue Reading
ABSTRACT The study of the nature involves a lot of deep research and understanding of the factors, which creates the effects on the subject matter. Primarily, these factors were more economical than managerial as the case may be, on the understanding that this research work is being casual out under a management setting or department. Just as the... Continue Reading
THE IMPACT OF FOREIGN DIRECT INVESTMENT ON NIGERIAN ECONOMIC DEVELOPMENT (A CASE STUDY OF NIGERIA BOTTLING COMPANY) CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The foreign direct investor may acquire 10% or more of the voting power of an enterprise in an economy through; incorporating a wholly owned subsidiary or company, acquiring... Continue Reading
ABSTRACT The study examined the relationship between foreign direct investment and Agricultural development in Nigeria Economy. Time series data were used for analysis and the time frame covered the period of 1986-2016. The data used were sourced from CBN statistical bulletin and world development indicators. The Jacque Bera statistics is used to... Continue Reading