Foreign Aid And The Nigeria Economic Growth

(1985-2012)ABSTRACTThe purpose of this research is to investigate the Role of Foreign Aid on Economic Growth using a Sample Time series Data on Nigeria from 1985-2012.The model in this paper studied the effect of Foreign Rate, Rate of Domestic Savings, Rate of Fiscal Deficit, and Rate of Inflation on using econometric techniques-ordinary least square (OLS) methods. The positive signs of the coefficient of Rate of Foreign Exchange and Rate of Savings conform to the a priori expectation, while Rate of Fiscal Deficit and Rate of inflation did not. The positive signs 0f the coefficient variable sh…