TAX INCENTIVE AND FOREIGN DIRECT INVESTMENTS (FDI) IN NIGERIA
Ahmed Abubakar Sini& Denis Basila
Creative International Association, North-East Initiative, No. 11 Dikcherima Street, Maiduguri
Department of Accounting,Adamawa Statement University
ahmedabubakarsini001@gmail.com&cdbasila@gmail.com
ABSTRACT
This study examined the impact of tax incentives on FDI in Nigeria. Eleven firms taken for study for over the period of 1998 to 2017 were sampled. Descriptive statistics and Pearson correlation were used in analysis and to establishing the preliminary relationship between the variables and finally the Ordinary Least Square (OLS). Multiple regression was also used to establish the effect of the tax incentives of FDI. The study has established evidence of tax incentives in attracting FDI in Nigeria. All the variables were positively significant at various levels of significance except infrastructure development, which was negative and insignificant.
Key words: Tax Incentive, Foreign Direct Investment (FDI), Economic growth, Nigeria
