Foreign direct investment (fdi) has played a leading role in many of the economies of the africa there is a widespread belief among policymakers that. Foreign direct investment in nigeria increased by 80856 usd million in the first quarter of 2018 foreign direct investment in nigeria averaged 129848 usd million from 2007 until 2018, reaching an all time high of 308490 usd million in the fourth quarter of 2012 and a record low of 50183 usd million in the fourth quarter of 2015 this page provides - nigeria foreign direct investment.
Learn more about the nigeria economy, including the population of nigeria, gdp, facts, trade, business, inflation and other data and analysis on its economy from the index of economic freedom.
The study investigated the impact of oil foreign direct investment (fdi) on economic growth in nigeria real gross domestic product was used as the indices for economic.
Direction of causality between fdi and economic growth in nigeria the result of the ols techniques indicates that fdi has a positive and insignificant impact on the growth of nigerian economy for the period under study. For example, otepola (2002), in a work on fdi and economic growth in nigeria reported a low level of existing human capital suggesting that the human capital (labour) available in nigeria is not fdi inducing. Fdi and economic growth: evidence from nigeria by adeolu b ayanwale department of agricultural economics obafemi awolowo university ole-ife, nigeria aerc research paper 165 african economic research consortium, nairobi april 2007 this research study was supported by a grant from the african economic research consortium the findings, opinions and recommendations are those of the author. For nigeria, meaningful, long-lasting economic growth and development is almost entirely contingent upon securing substantial amounts of foreign direct investment fdi, as it is called, is crucial for the nigerian economy, as it permits the transfer of technology and facilitates improvements in productivity.
Detail: nigeria’s oil and gas sector attracts fdi over the last few years, nigeria has become the preferred destination for foreign direct investment in africa, affecting the oil and gas sector outside of the fdi beneficiaries.
The impact of foreign direct investment on nigeria economic growth 1981-2016 (pdf) will be the focus of this research promoting and facilitating technology transfer through foreign direct investment (fdi) has assumed a prominent place in the strategies of economic revival and growth.