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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