• THE IMPACT OF FOREIGN DIRECT INVESTMENT ON ECONOMIC GROWTH IN NIGERIA


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    • ABSRACT - [ Total Page(s): 1 ]Foreign Direct Investmemt has been widely described as an indispensible vihicle of economic growth, Variuos reseachers have tried to advocate foreign direct investment as a tool for employment generation, transfer of technological skills, manpower development and increased foreign dexchange earnings.This study was carried out to determine the impact of FDI on economic growth in Nigeria. The study made use of the ordinary least square (OLS) method of estimation in determinig the impact of FDI amid other variables on economic growth from the period of 1980 – 2010. This study further revea ... Continue Reading

         

      CHAPTER ONE - [ Total Page(s): 3 ]Recent studies however show that Foreign Direct Investment is what is needed to bridge the gap of savings and investment that exists in African and in nigeria particularly. Prior to the 1970‟s FDI was not seen as an instrument of economic development the perception of FDI as parasitic and retarding the development of domestic industies for export promotion had engendered hospitality to multi –national companies and their direct investments in many countries.However, the consensus now is that FDI is an engine of growth as it provides the much needed capital for inve ... Continue Reading