Effect Of Foreign Direct Investment On Economic Growth Rate In Nigeria:- Okpara Emmanuel A
Abstract
The study analysed the impact
offoreign direct investment on Nigeria economic growth over the period of1981-
2018. The main type ofdata used in thisstudy is secondary; sourcedfrom various
estimation technicpie that is being employed in this study to determine the
relationship between and impact ofthe Direct Foreign Investment on economic
growth. The findings revealed that economic growth is directly related to
inflow offoreign direct investment and it is also statistical significant at 5%
level which implies that a goodperformance ofthe economy is a positive signal
for inflow offoreign direct investment. This implies thatforeign direct
investment is an engine of economic growth. The paper recommended that government
should liberalize the foreign sector in Nigeria so that all barriers to trade
such xi publications of Central Bank of Nigeria, such as; Statistical Bulletin,
Annual Reports and Statement of Accounts. The regression analysis of the
ordinary least square (OLS) is the as arbitrary tariffs; import and export
duties and other levies should be reduced so as to encourage investors.
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MICHAEL, U (2026). Effect Of Foreign Direct Investment On Economic Growth Rate In Nigeria:- Okpara Emmanuel A. Mouau.afribary.org: Retrieved May 08, 2026, from https://repository.mouau.edu.ng/work/view/effect-of-foreign-direct-investment-on-economic-growth-rate-in-nigeria-okpara-emmanuel-a-7-2
UNIVERSITY, MICHAEL. "Effect Of Foreign Direct Investment On Economic Growth Rate In Nigeria:- Okpara Emmanuel A" Mouau.afribary.org. Mouau.afribary.org, 08 May. 2026, https://repository.mouau.edu.ng/work/view/effect-of-foreign-direct-investment-on-economic-growth-rate-in-nigeria-okpara-emmanuel-a-7-2. Accessed 08 May. 2026.
UNIVERSITY, MICHAEL. "Effect Of Foreign Direct Investment On Economic Growth Rate In Nigeria:- Okpara Emmanuel A". Mouau.afribary.org, Mouau.afribary.org, 08 May. 2026. Web. 08 May. 2026. < https://repository.mouau.edu.ng/work/view/effect-of-foreign-direct-investment-on-economic-growth-rate-in-nigeria-okpara-emmanuel-a-7-2 >.
UNIVERSITY, MICHAEL. "Effect Of Foreign Direct Investment On Economic Growth Rate In Nigeria:- Okpara Emmanuel A" Mouau.afribary.org (2026). Accessed 08 May. 2026. https://repository.mouau.edu.ng/work/view/effect-of-foreign-direct-investment-on-economic-growth-rate-in-nigeria-okpara-emmanuel-a-7-2