IMPACT OF FDI IN TELECOMMUNICATION AND MINING ON NIGERIA /GHANA ECONOMIES 1986-2022 COMPARATIVE ANALYSIS.

Festus Ubogu (PhD)

Abstract


The impact of FDI on economic growth of Nigeria and Ghana has generated enormous professional debate, hence this research. The study was prompted to investigate empirically the impact of FDI in telecommunication and mining on both economies. The study covered a period of 39years spanning from 1986-2022 with specific objectives to examine the impact of FDI in telecommunication on Nigeria and Ghana economics and to ascertain the impact of mining on the Nigeria and Ghana economics. The study employed OLS in analyzing the secondary data. The study revealed that foreign invested has impacted Nigeria and Ghana economies significantly at 0.05% level of significance. The study recommends among others that government should create enabling environment via security to attract foreign investors in Nigeria and Ghana.


Keywords


foreign investment, exchange rate, economic growth, Nigeria and Ghana.

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