THE IMPACT OF FOREIGN INVESTMETN ON THE DEVELOPMENT OF NIGERIA ECONOMY TABLE OF CONTENT CHAPTER ONE Introduction 1.1 Statement of the problem and purpose of the study 1.2 Rationale of the study 1.3 Significance of the study 1.4 Background of the study 1.5 Definition of terms CHAPTER TWO Literature review 2.1 Definition of foreign investment 2.2 The role of foreign investment in economic development 2.3 The effect of decrees an policy measures of foreign investment to the country 2.4 Factors affecting foreign investment inflow into Nigeria 2.5 Inflow of foreign investment into Nigeria 1970 to 1992 CHAPTER THREE 3.1 Research design and methodology 3.2 Sources of data 3.3 Limitation of the study 3.4 Location of data CHAPTER FOUR 4.1 Data presentation 4.2 Data analysis 4.3 Discussion of the result CHAPTER FIVE Summary, conclusion and recommendation 5.1 Summary 5.2 Conclusion 5.3 Recommendation Bibliography CHAPTER ONE INTRODUCTION 1.1 STATEMENT 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. 1.2 RATIONALE OF THE STUDY This study if successfully conducted and the recommendation implemented can change the country to investment friendly economy. This can systematically attract the much needed foreign investment to the economy. 1.3 SIGNIFICANCE OF THE STUDY The study is necessary to solve as a guide to policy makers so that they come out with clear out policies that will attract foreign investment to the country. The study will also enable Nigerian to cooperate with foreigner so as to take advantage of the available investment opportunities in the country. 1.4 BACKGROUND OF THE STUDY Nigeria needs a lot of industries and investment outlay to keep a lot of idle hand busy. The teaming population of this country has no access to income generating activities. In view of this, unemployment problem continue to increase from year to year. As people graduate from school with no job opportunities the rate of employment continue to increase while there is no corresponding increase in investment. Though the government appear to be making effort to attract foreign. Investors through liberal financial policies, these efforts are not yet enough to attract the much needed foreign investment. This study therefore focuses on this environment to know if things can be done to create a positive change that will attract the much needed foreign investment. 1.5 DEFINITION OF TERM Economic growth / development This is a process whereby a country real capital income increase (grows) over a sustained period of time due to increase in productivity of the various sector of various sectors of the economy. Foreign private/ investment This is the inflow of investment from foreign corporation and individual such inflows may be accompanied by the inflow of modern technologies, capital managerial know how. Industrialization This is the process of economic development in which a growing part of the national resources is mobilized to developed technically up to data, diversified, domestic economic structure characterized by dynamic manufacturing sector having and producing means of production a high rate of growth for the economy as a whole and achieving economic social progress. Technology This refers to the embodiment of useful scientific knowledge that has been effectively evolved and adopted to practical use and is available to be applied for the purpose of meeting main immediate economic and social need as determined by him.
THE IMPACT OF FOREIGN INVESTMETN ON THE DEVELOPMENT OF NIGERIA ECONOMY
I NTRODUCTION 1.1 STATEMENT 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... Continue Reading
I NTRODUCTION 1.1 STATEMENT 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... Continue Reading
I NTRODUCTION 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... Continue Reading
CHAPTER ONE 1.0 INTRODUCTION OF THE STUDY In a word where nation are unequally endowed with human natural, financial resources, a high degree of interdependent do exist. No nation can therefore operate as an Island for survival may be impossible. This interpendent is so vital that it cuts across ideological and potential political... Continue Reading
ABSTRACT The study examined the impact of foreign direct investment (FDI) in Nigeria over the period 1980 to 2010. The study employed multiple regressions in analysis, using the ordinary least square (OLS) regression technique. The result at this revealed that FDI impacted positively on the growth of the Nigeria economy over the period under... Continue Reading
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
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
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... 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
ABSTRACT It was discovered that Nigeria as a third world country lacks certain infrastructural facilities necessary for the smooth exportation and importation of goods and services. The research intends to identify and evaluate the utility rendered by the importation and exportation of goods and services to the Nigerian people and the economy as a... Continue Reading