Foreign Direct Investment And Manufacturing Industry In Nigeria, Performance, Problems And Prospects

Project and Seminar Material for Insurance

Foreign Direct Investment And Manufacturing Industry In Nigeria, Performance, Problems And Prospects


Abstract


This study shows the performance of foreign direct investment on the manufacturing sector of the Nigeria economy. The study adopts a time series approach to the development of three different models namely; Manufacturing Value Added Model, Foreign direct investment, Interest rate and Gross fixed capital formation, from the year 1981 to 2015.The required data were collected from the central bank of Nigeria (CBN) 2015 statistical bulletin.

The econometric model of multiple regression analysis was used to test the relationship between the dependent and independent variable, the short and the long run impacts of the foreign direct investment inflow on Nigeria’s manufacturing sector was analyzed using OLS estimation technique. All variables will be tested to confirm the absence or presence of unit roots problems using ADF (Augmented Dickey-Fuller) test for the period in consideration. To test the impact of foreign direct investment (FDI), on the Manufacturing sub-sector’s performance, the Manufacturing Value Added (MVA) will be used to proxy the performance in the manufacturing industry


Chapter One


Introduction

1.1 Background of the Study

One of the major objectives of every economy is to achieve a high economic growth that will lead to rapid economic development through poverty reduction, creation of employment opportunities and entire promotion of the welfare of the citizen.

Virtually, almost all development theories believe that this economic growth can be achieved through the accumulation of physical and human capital among other things. Hence, the accumulation of capital can come in the form of foreign direct investment (FDI) and domestic investment which are the central issues on which this research work revolves.

The Nigerian economy has been on the highest recipient of the capital income from the nest of the world (CBN statistical Bulletin, 2010). The reasons behind these are undoubtedly the large market size of the economy, the level of its trade openness among other reasons. But recent events in the country show that such benefit might not be sustained given the present socio-political rivals form the sect of some anti-social group popularly known as the “Boko Haram” in the country which highly detrimental to the economic health of the nation as well as the entire growth of the economic. This leads to a snail movement of the development process and eventually a complete over hauling of the entire system, lack of industrialization, capital flight and absence of technology transfer. For instance the level of Nigeria’s share of foreign Direct Investment (FDI) in flows to Africa, fell from 35.3% in 2005 and stood at 14.1% in 2010 (CBN statistical Bulletin 2010).

Hence, the macroeconomic environment of the country is no longer conducive for investors to thrive and no one will like to invest in a place where he will suffer capital loss no matter how promising and profitable it appears. In addition to what has been said so far, attempts will be made in the literature to unravel the cause of this volatility and unstable flow of foreign direct investment to Nigeria and the consequences of such volatility of overall of overall economic progress in the country; among issues investigated is the effect of global economic policy shocks and uncertainty. Theoretically, uncertainty may adversely affect Foreign Direct Investment.


How To Get The Complete Material For Foreign Direct Investment And Manufacturing Industry In Nigeria, Performance, Problems And Prospects


Project Material Download

3,000 Naira


The Complete Material will be Sent to You in Just 2 Steps

Quick & Simple…


Step One Purchase

Make a Mobile Transfer or POS Payment of ₦3,000 to any of the Account Below

Access Bank PlcAccount No.: 0811003731
Name: Samphina Academy
Account Type: Current
Zenith BankAccount No.: 1225513212
Name: Samphina Academy
Account Type: Current

Or CLICK HERE To Pay With Debit Card

FOR CLIENTS OUTSIDE NIGERIA
CLICK HERE To Pay With Debit Card ($15)
GHANA – Make Payment of 80 GHS to MTN MoMo, 0553978005, Douglas Osabutey 

Step Two Purchase

Send the Following Details on WhatsApp ( 08143831497) After Payment

  • Payment Details
  • Email Address 
  • Foreign Direct Investment And Manufacturing Industry In Nigeria, Performance, Problems And Prospects

The Complete Material Will Be Sent To Your Email Address After Receiving Your Details
T & C Apply


  Contact Our Help Desk


⚠️ Need a different topic? Perform a quick search



Get A Complete Business Plan For Any Business In Nigeria

Business Plan for Businesses in Nigeria

  Business Plans in Nigeria


Disclaimer


This research material “Foreign Direct Investment And Manufacturing Industry In Nigeria, Performance, Problems And Prospects” is for research purposes and should be used as a guide in developing your research project / seminar work. For no reason should you copy word for word (verbatim) as samphina.com.ng will not be liable for any who copied the material.

The aim of providing this material is to reduce the stress of moving from one school library to another all in the name of searching for research materials. This service is legal because, all institutions permit their students to read previous projects, books, articles or papers while developing their own works. According to Austin Kleon “All creative work builds on what came before”.

samphina.com.ng is only providing this material “Foreign Direct Investment And Manufacturing Industry In Nigeria, Performance, Problems And Prospects” as a reference for your research. The paper should be used as a guide or framework for your own paper. The contents of this paper should be able to help you in generating new ideas and thoughts for your own research. Use it as a guidance purpose only.

Samphina Academy

Samphina Academy is an Online Educational Resource Center that is aimed at providing students with quality information and materials to aid them in succeeding in their academic pursuit.