AN ASSESSMENT OF FOREIGN DIRECT INVESTMENT ON EMPLOYMENT GENERATION IN NIGERIA (2000-2020)
Goluwa, Shadrack Ezekiel & Jimmy, Vincent Gambo
Department of Economics
Plateau State University Bokkos
Email: vincentgambo@gmail.com
ABSTRACT
The paper attempts to expound on an Assessment of Foreign Direct Investment on Employment Generation in Nigeria(2000-2020). The differenced Ordinary Least Square (OLS) method was used after it was discovered that there was no cointegration in the model. The findings of the study reveal that Foreign Direct Investment contributes positively to Employment significantly. The study concluded that a considerable level growth has been achieved as a result of the contribution of Foreign Direct Investment in Nigeria. The study recommended that Government should intensify efforts in fighting insecurity in order to create a safe environment for foreign investors to make investments in Nigeria. Another recommendation is that there is the need for the government to come up with policies that will make the macroeconomic environment more conducive and competitive. This will create an enabling environment for foreigners to continue investing and increase their participation in the Nigerian economy.
Key words:Foreign Direct Investment, Employment.
