ABSTRACT

The study examined the impact of foreign direct investment (FDI) in Nigeria

over the period 1980 to 2010. The study employed multiple regressions in

analysis, using the ordinary least square (OLS) regression technique. The

result at this revealed that FDI impacted positively on the growth of the

Nigeria economy over the period under study. Based on this, the study

recommended the provision of adequate infrastructure and policy framework

that will be conducive for doing business in Nigeria, so as to attract the

inflow of FDI necessary to stimulate growth.

TABLE OF CONTENT 

TITLE PAGE- - - - - - - - - -i 

APPROVAL PAGE - - - - - - - - -ii 

DEDICATION- - - - - - - - - -iii 

ACKNOWLEDGEMENT- - - - - - - -iv 

TABLE OF ONTENT- - - - - - - - -v 

ABSTRACT- - - - - - - - - -ix 

CHAPTER ONE: 

1.1 BACKGROUND OF STUDY- - - - - - -1 

1.2 STATEMENT OF PROBLEM:- - - - - - -3 

1.3   OBJECTIVE OF THE STUDY- - - - - - -5 

1.4   STATEMENT OF THE HYPOTHESIS- - - - -5 

1.5   SCOPE/ THE LIMITATION OF THE STUDY- - - -6 

1.6   SIGNIFICANCE OF THE STUDY- - - - - -6 

CHAPTER TWO 

2.0          LITERATURE REVIEW- - - - - - -7 

2.1          CONCEPTAUL   ISSUES- - - - - - -7 

2.1.1  FOREIGN DIRECT INVESTMENT AND  

 MULTINATIONAL CORPORATION- - - - -8 

2.1.2   0WNERSHIP AND CONTROL STRUCTIURE OF FOREIGN  

 DIRECT INVESTMENT.- - - - - - -13 

2.1.3 GAINS OF FOREIGN DIRECT INVESTMENT - - - -14 

2.2 THEORETICAL LITERATURE  - - - - - -16 

2.2.1 THE THEORY OF FOREIGN DIRECT INVESTMENT     - -20 

2.3 EMPIRICAL LITERATURE- - - - - - -24 

2.4 SUMMARY OF LITERATURE AND JUSTIFICATION  

 OF THE STUDY- - - - - - - - -27 

CHAPTER THREE 

3.0 METHODOLOGIES - - - - - - - -28 

3.1 INTRODUCTIONS - - - - - - - -28 

3.2 THE MODEL - - - - - - - - -28 

3.3 METHOD OF EVALUATION - - - - - -30  

3.3.1 ECONOMIC CRITERIA:  - - - - - -30 

3.3.2 STATISTICAL CRITERIA:  - - - - - -30 

3.3.3 ECONOMETRIC CRITERIA:  - - - - - -30 

3.3.3.1 AUTO CORRELATION TEST:  - - - - -31 

3.3.3.2 MUTI-COLINEARITY TEST:  - - - - -31 

3.3.3.3 HETEROSECEDASTICITY - - - - - -31 

3.4 JUSTIFICATION OF THE MODEL:  - - - - -31 

3.5 DATA REQUIRED AND SOURCE:- - - - - -32 

3.6 ECONOMETRIC SOFTWARE- - - - - - -32

 CHAPTER FOUR 

4.0 PRESENTATION OF RESULTS - - - - - -33 

4.1 PRESENTATION OF RESULTS  - - - - - -33 

4.2 RESULT INTERPRETATION- - - - - -34 

4.2.1 ANALSIS OF RESULTS BASED ON ECONOMIC  

 (RITERIA)  - - - - - - - - -35 

4.2.2 ANALYSIS BASED ON STATISTICAL CRITERIA - - -36 

CHAPTER FIVE: SUMMARY OF FINDINGS, POLICY 

 RECOMMENDATIONS AND CONCLUSION 

5.1 CONCLUSION - - - - - - - - -45 

5.2 POLICY RECOMMENDATIONS- - - - - -46 

BIBLIOGRAPHY- - - - - - - - -47