FDI trends and performance
- Author: United Nations Conference on Trade and Development
- Main Title: Investment Policy Review - Nigeria , pp 3-21
- Publication Date: August 2010
- DOI: https://doi.org/10.18356/a2a2e35e-en
- Language: English
Today, the FDI story of Nigeria is dominated by the oil industry. It was not always so. At independence, in 1960, there was a widespread FDI presence in the economy. Policy design thereafter narrowed the scope for FDI and decades of political instability, economic mismanagement and endemic corruption further reduced Nigeria's ability to attract and retain FDI. This was compounded by a relentless deterioration of the country's social conditions and physical infrastructure, in spite of increased public revenues generated by the oil sector.
© United Nations
ISBN (PDF):
9789210543248
Book DOI:
https://doi.org/10.18356/186397b5-en
Related Subject(s):
Economic and Social Development
;
International Trade and Finance
Sustainable Development Goals:
Countries:
Nigeria
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