International records / OpenAlex research

Foreign Direct Investment and Agricultural Exports in Nigeria

The problem of undiversified and unstable export sector in Nigeria has been persistent over the years. In this study, the effect of foreign direct investment (FDI) on agricultural export – a major source of comparative advantage for Nigeria’s export sector – is examined. It is argued that the technical and institutional advantage of FDI inflow should lead to improvement in agricultural export capacity in Nigeria. Using data for the 1981 t0 2022 period and a dynamic framework (based on the autoregressive distributed lag technique), the study finds that FDI inflows has a significant positive imp…