1.1STATEMENT OF THE PROBLEM AND PURPOSE OF THE STUDY
Investment generally speaking is a function of saving. Without saving there can be no investment. Saving on the other hands is a function of income. This is because excess of income over expenditure lead to saving.
In Nigeria however, the average income level is very low. In view of this, investment level is very low compared to the level necessary to make the economy grow.
This therefore gives rise to a need for foreign investment to fill up the gap. When this is done, the economy can them grow at a reasonable rate.
Unfortunately, the level of foreign investment in the economy is also very low. View of this situation the economy appears to be stagnant. Foreigner has not been motivated to a reasonable level to make them invest in the economy. One of the problems which appear to be scaring foreigners away is the level of corruption in the country.
Purpose of the study
The purpose of the study therefore is to identify factor that has been hindering foreign investment in the economy. These factor if identified and removed will create a conducive atmosphere to attract foreign investment in the economy.
TABLE OF CONTENT
Table of content
1.1Statement of the problem and purpose of the study
1.2Rationale of the study
1.3Significance of the study
1.4Background of the study
1.5Definition of terms
2.1Definition of foreign investment
2.2The role of foreign investment in economic development
2.3The effect of decrees an policy measures of foreign investment to the country
2.4Factors affecting foreign investment inflow into Nigeria
2.5Inflow of foreign investment into Nigeria 1970 to 1992
3.1Research design and methodology
3.2Sources of data
3.3Limitation of the study
3.4Location of data
4.3Discussion of the result
Summary, conclusion and recommendation
THE IMPACT OF FOREIGN INVESTMENT ON THE DEVELOPMENT OF NIGERIA ECONOMY
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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
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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
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
PROPOSAL This research paper looks at foreign direct investment and economic development in Nigeria (1980 – 2004). The major objectives of the study is to identify various policies and incentives operating in the economy such as the exchange control act of 1962, the... Continue Reading
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Foreign direct investment (FDI) refers to the net inflows of investment to acquire a lasting management interest in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital,... Continue Reading