Foreign Direct Investment and the Performance of the Nigerian Economy

Authors

  • Egbo D. Macaulay Department of Accounting Education, Federal College of Education (Technical), Omoku,Rivers State, Nigeria

Abstract

Foreign Direct Investment (FDI) is investment that is made to acquire a lasting management interest (usually 10% of
voting stock) in an enterprise and operating in a country other than that of the investors (Jhingan, 1998). This paper examines
FDI and the performance of the Nigerian economy. It investigates how FDI impacts economic growth in Nigeria. The paper
recommended among other things, that there should be policies and programmes that will promote or improve FDI and
macroeconomic variables in the economy.

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Published

2011-12-01

How to Cite

Macaulay, E. D. (2011). Foreign Direct Investment and the Performance of the Nigerian Economy. Journal of Educational and Social Research, 1(5), 31. Retrieved from https://www.richtmann.org/journal/index.php/jesr/article/view/11758