Capital Importation in Nigeria: Why is FDI so Low?

In a recent publication by the NBS, total value of capital imported into the country stood at $5,854.38m in Q1 2020. This represents an increase of 53.97% compared to Q4 2019 and -31.19% decrease compared to the first quarter of 2019. Foreign Portfolio Investment (FPI) accounted for 73.61% ($4,309.47m) of total capital imported, followed by Other Investment, which accounted for 22.73% ($1,330.65m) of total capital.

Significant Impact Of Foreign Capital Inflow On Economic Growth In Nigeria

BACKGROUND OF THE STUDY One of the key macroeconomic policies for most of developing and emerging and economies is to achieve sustainable economic growth. Theoretically, savings and investment are the two key intermediate macro variables playing an important role in economic growth of which the foreign capital inflow which is a form of investment is […]

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