Statistical Analysis Of The Impact Of Foreign Direct Investment (fdi) On Nigeria’s Economic Growth (1980 – 2012)

This research examined the impact of foreign direct investment (FDI) on the growth of Nigeria economy. According to (UNCTAD 2012) Nigeria received a net inflow of US$85.73. Unlike other studies this research extended the period of investigation to 2013 given that the Nigeria economic environment under investigation most likely has changed over the years. The research employed ordinary least square (OLS) regression technique to analyze the time series data from 1980 – 2013, GDP and CPNG where used as the dependent variable, while interest rate, balance of payment, exchange rate and foreign dir…