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- Title
FOREIGN DIRECT INVESTMENT ON EMPLOYMENT GENERATION IN NIGERIA.
- Authors
Omolara, Akinnigbagbe; Friday, Achema
- Abstract
The study looks at how foreign direct investment affected employment generation in Nigeria for the past 24 years, from 1999 to 2022. Ex-post research design was used in the study. The Central Bank of Nigeria statistical bulletin was used for the study's data collection. The Augmented Dickey- Fuller (ADF) test was used in the study's unit root test and pre-test analysis. Regression was utilized after analyzing the unit root test. The study discovered a positive and considerable effect of foreign direct investment on employment generation in Nigeria. The study suggested that Government should make concerted efforts to attract more of foreign investors into Nigeria so as to encourage production and generate employment opportunities. Government of Nigeria should ensure that FDI are in major sectors of the economy such as oil and gas, manufacturing and banking.
- Subjects
NIGERIA; FOREIGN investments; JOB creation; EMPLOYMENT in foreign countries; JOB vacancies; INVESTORS
- Publication
Igwebuike Journal: An African Journal of Arts & Humanities, 2024, Vol 10, Issue 2, p78
- ISSN
2488-9210
- Publication type
Article
- DOI
10.13140RG.2.2.14554.96967