Non-oil Export, Foreign Direct Investment and Infrastructural Development in Nigeria

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The study investigates the influence of foreign direct investment (FDI) and infrastructural development on non-oil exports in Nigeria (1981-2014). FDI connotes investment made in the acquisition of longterm management interest in an enterprise and operating in a country other than that of the investors. It augments domestic investment (DI), which is crucial to the attainment of economic growth and development. There are divergent views on the nature of effects of FDI in the body of literature. Thus, this study sheds recent light on the issue using the Nigerian case.

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HB Economic Theory, HC Economic History and Conditions

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