Generally, both fiscal and monetary policies seek at achieving relative macroeconomic stability. As such, a major challenge before the Central Bank of Nigeria therefore, is to attain a stable and realistic exchange rate that will boost domestic production, increase real inward FDI and maintain internal and external balance. Also, the results indicate that the structural adjustment programme (introduced in Nigeria in 1986) had a negative impact on real inward FDI, which could be due to the deregulation that was accompanied by exchange rate volatility. This implies that, depreciation of the Naira increases real inward FDI. Also, the study further reveals a significant positive relationship between real inward FDI and exchange rate. The results suggest, among others, that exchange rate volatility need not be a source of worry by foreign investors. In doing this, the study utilized the error correction model as well as OLS method of estimation. This study investigated the empirical evidence on the effect of exchange rate volatility on foreign direct investment (FDI) in Nigeria, using secondary time series data from1970 to 2004.
More so, the Foreign Private Investment, Domestic Investment growth, Net export growth and the lagged error term were statistically significant in explaining variations in Nigeria's economic growth. Among the findings was that Foreign Private Investment, Domestic Investment growth and Net Export growth were positively related to economic growth in Nigeria. Secondary data for the period 1970 to 2005 was used for the study. It is against this background, that this study analyzed the direction and significance of the effect of foreign private investment on economic growth in Nigeria. The Nigerian government has been focusing on policies that will help attract foreign investors and yet the economy is still dwindling. There is no way to 'opt out' or 'suppress' the NPPES record data for health care providers with active NPIs.Despite the increased flow of investment to developing countries in particular, Sub-Sahara African (SSA) countries, Nigeria inclusive, are still characterized by low per-capita income, high unemployment rates and low and falling growth rates of GDP, problems which foreign private investment are theoretically supposed to solve. The information disclosed on the NPI Registry are FOIA-disclosable and are required to be disclosed under the FOIA and the eFOIA amendments to the FOIA. Our Data: Information on is built using data sources published by Centers for Medicare & Medicaid Services (CMS) under Freedom of Information Act (FOIA). Covered health care providers and all health plans and health care clearinghouses must use the NPIs in the administrative and financial transactions adopted under HIPAA (Health Insurance Portability and Accountability Act).
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