The Impact of Foreign Direct Investment on Nigeria Economy: A Case Study of China – Nigeria Investment Relations

Citation

Ugonabo, Chima Kenneth. (2022). The impact of foreign direct investment on Nigeria economy: A case study of China -Nigeria investment relations. (Master’s independent study). Bangkok: Master of Business Administration Siam University.

Abstract

This study explored vast business opportunities and the impact of foreign investment in the economy of Nigeria. The study also employed trend lines to analyze the influence of FDI on Nigeria in relation to China’s investments in Nigeria. This paper analyzed the factors that drive foreign direct investment (FDI) and the economic relationship between China and Nigeria in the area of foreign direct investment (FDI). The study found that with all documentaries and analysis that countries which are politically stable with higher GDP offers higher returns on investment then also attract FDI. FDI inflows are persistent in Africa, and Nigeria is the bedrock of Africa’s economy due to its natural resources in oil and minerals. This suggests that countries that manage to attract FDI are likely to attract more FDI in the future. The results of the study revealed conclusively that although China’s investments over the years have benefited the Nigerian economy and its various firms in the manufacturing sector, the agreement signed by both countries ultimately needs to be reexamined to ensure equity.

Keywords: Foreign Direct Investment, China-Nigeria, economic growth.

The Impact of Foreign Direct Investment on Nigeria Economy. A Case Study of China – Nigeria Investment Relations

Master of Business Administration (International Program), Siam University, Bangkok, Thailand