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FOREIGN DIRECT INVESTMENT (FDI) AND ECONOMIC GROWTH IN NIGERIA

Hammed Ismaila , Department of Economics, University of Ibadan, Ibadan, Nigeria

Abstract

This study examines the relationship between Foreign Direct Investment (FDI) and economic growth in Nigeria. As a major recipient of foreign investment, Nigeria's economic growth has been significantly influenced by FDI inflows. By analyzing time series data and applying econometric techniques, this research investigates the impact of FDI on key economic indicators, such as Gross Domestic Product (GDP) growth, employment, and export performance. The findings provide insights into the dynamic interplay between FDI and economic growth in Nigeria and offer valuable implications for policymakers and investors seeking to harness the potential of foreign investment to foster sustainable economic development.

Keywords

economic growth, Gross Domestic Product (GDP), export performance

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Hammed Ismaila. (2023). FOREIGN DIRECT INVESTMENT (FDI) AND ECONOMIC GROWTH IN NIGERIA. IFSMRC African International Journal of Research in Management, 11(08), 01–06. Retrieved from https://www.ifsmrc.org/index.php/IFSMRC-AIJRM/article/view/25