Foreign direct investment environment in Nigeria : a survey of the mobile telecommunication companies
Umuerri, Ighifewo John (2011)
Turun ammattikorkeakoulu
2011
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2011060711282
https://urn.fi/URN:NBN:fi:amk-2011060711282
Tiivistelmä
This Thesis will be highlighting the Investment environment in Nigeria and how the oil industry has dominated FDI inflows to Nigeria since the 1970s and as a result investment in the non-oil sectors has been very low until the past few decades.
The problem statement is that although there have been recent improvements in the political regime and investment policies and reforms; the business environment in Nigeria in the light of foreign investors is still a far cry behind in the improvement of its competitiveness compared to western countries and emerging economies.
The Thesis reveals another lucrative industrial sector in the Nigerian economies which is the Mobile Telecommunications industries having a very high accelerated growth in the region and as well reveals the potential investment opportunities and a way to stimulate and maintain sustainable growth in this sector.
The paper makes some recommendations based on its findings in areas and sectors that needed critical attention especially in implementing reforms that welcomes investors and as well creating enabling environment to enhance optimum use of its natural resources and stimulate the domestic economy besides excessive dependency on oil revenue.
The problem statement is that although there have been recent improvements in the political regime and investment policies and reforms; the business environment in Nigeria in the light of foreign investors is still a far cry behind in the improvement of its competitiveness compared to western countries and emerging economies.
The Thesis reveals another lucrative industrial sector in the Nigerian economies which is the Mobile Telecommunications industries having a very high accelerated growth in the region and as well reveals the potential investment opportunities and a way to stimulate and maintain sustainable growth in this sector.
The paper makes some recommendations based on its findings in areas and sectors that needed critical attention especially in implementing reforms that welcomes investors and as well creating enabling environment to enhance optimum use of its natural resources and stimulate the domestic economy besides excessive dependency on oil revenue.