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THE DETERMINANT OF FOREIGN DIRECT INVESTMENT IN NIGERIA

ATTENTION: BEFORE YOU READ THE PROJECT WORK, PLEASE READ THE INFORMATION BELOW. THANK YOU! TO GET THE FULL PROJECT FOR THE TOPIC BELOW PLEASE CALL: 08068231953, 08168759420 TO GET MORE PROJECT TOPICS IN YOUR DEPARTMENT, PLEASE VISIT: www.easyprojectmaterials.com www.easyprojectsolutions.com www.worldofnolimit.com THE DETERMINANT OF FOREIGN DIRECT INVESTMENT IN NIGERIA ABSTRACT The research investigates the determinants of foreign direct investment (FDI) in Nigeria over the period for 1980-2007. Cochrane Ocutt method of regression was utilized in the study. The findings indicate that exchange rate (economic factor) and political instability are the crucial determinants of FDI in Nigeria. Domestic market size (represented by GDP), openness to trade and inflation are insignificant determinants of FDI. The regression model however, showed a significant fit with f-value of 36. 521 and adjusted R2 of 0.93 at 0.05 confidence level. It was also...