Foreign Direct Investment And Economic Growth: A Case Of Nigeria:- Awazie, Johnson C

ABSTRACT This study examined the effect ofForeign Direct Investment (FDI) on economic growth in Nigeria from 1981-2018. To achieve this broad objective, two research questions were developed and answeredwhile two research hypothesis wereformulated and tested. The study employed the use of Ordinary Least Squares (OLS) regression technique. The study finds that Foreign Direct Investment (FDI) hadpositive significant impact on economic growth in Nigeria within the period under review. The study therefore recommended that since the regression analysis revealed that Foreign Direct Investment (FDI) impacted positively and significantly on the economic growth performance in Nigeria. Government shouldformulate and implement policies that will promote the inflow ofmoreforeign investment into the country. One way this can be done is to improve on the standard andprovide relevantsocial amenities to attract more Foreign Direct Investment that will lead to the overall economic growth ofthe country